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Coinbase(COIN.US) 10% Shareholder Sells US$6.26 Million in Common Stocks

moomoo News ·  11/30/2023 06:05

$Coinbase (COIN.US)$ 10% Shareholder Armstrong Brian sold 50,000 shares of Common Stocks on Nov 28, 2023 at an average price of $125.1887 for a total value of $6.26 million.

This transaction involves other related parties: Brian Armstrong Living Trust.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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