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Coinbase | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Mar 8 16:52
Summary by Moomoo AI
Coinbase Global, Inc. officer Brian Armstrong is set to sell 250,000 shares of common stock, with an aggregate market value of approximately $64,155,000, on 03/08/2024. The shares were originally acquired on 12/23/2019 from the Brian Armstrong 2018 Grantor Retained Annuity Trust. These Class B common shares are to be converted to Class A common shares in connection with the sale. This transaction follows a series of sales over the past three months, where a total of 411,525 shares were sold for gross proceeds of about $76,503,243.55. The notice for the upcoming sale was filed on the same date as the planned sale, with the plan for this transaction having been adopted on 08/16/2023.
Coinbase Global, Inc. officer Brian Armstrong is set to sell 250,000 shares of common stock, with an aggregate market value of approximately $64,155,000, on 03/08/2024. The shares were originally acquired on 12/23/2019 from the Brian Armstrong 2018 Grantor Retained Annuity Trust. These Class B common shares are to be converted to Class A common shares in connection with the sale. This transaction follows a series of sales over the past three months, where a total of 411,525 shares were sold for gross proceeds of about $76,503,243.55. The notice for the upcoming sale was filed on the same date as the planned sale, with the plan for this transaction having been adopted on 08/16/2023.
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