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

SEC announcement ·  Apr 15 18:00
Summary by Moomoo AI
Coinbase Global, Inc. officer Brian Armstrong is set to sell 23,075 shares of the company's common stock, with an aggregate market value of approximately $5.16 million, on April 15, 2024. These shares were originally acquired on December 23, 2019, from the Brian Armstrong 2018 Grantor Retained Annuity Trust. The Class B common shares obtained 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 115,375 shares were sold for gross proceeds of over $23.56 million. The notice for the upcoming sale was filed on the same date as the planned sale, with the initial plan adoption or instruction given on August 16, 2023.
Coinbase Global, Inc. officer Brian Armstrong is set to sell 23,075 shares of the company's common stock, with an aggregate market value of approximately $5.16 million, on April 15, 2024. These shares were originally acquired on December 23, 2019, from the Brian Armstrong 2018 Grantor Retained Annuity Trust. The Class B common shares obtained 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 115,375 shares were sold for gross proceeds of over $23.56 million. The notice for the upcoming sale was filed on the same date as the planned sale, with the initial plan adoption or instruction given on August 16, 2023.
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