Coinbase Officer Alesia Haas Files Form 144 to Sell $8.01M in Common Stock

Executive Summary

On September 21, 2026, Coinbase Global, Inc. ($COIN) officer Alesia Haas filed a Form 144 notice disclosing the proposed sale of 39,030 shares of Class A Common Stock through Merrill Lynch. The aggregate estimated market value of the proposed transaction is $8,010,631.28, implying an average price per share of approximately $205.24.

Transaction & Plan Background

• 10b5-1 Plan Adoption: The proposed transaction is executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on September 3, 2025. Given that more than a full year elapsed between plan adoption and this sale notice, the filing satisfies statutory cooling-off provisions and indicates a structured liquidation rather than discretionary, opportunistic selling.
• Origin of Securities: The 39,030 shares to be sold represent accumulated equity compensation grants acquired across multiple vesting dates between December 27, 2022, and February 20, 2026.
• Prior Sales History: The reporting person indicated 'Nothing to Report' for sales completed during the preceding three-month period.

Market Impact & Significance

• Dilution & Float Context: With 222,803,032 shares outstanding, the proposed sale represents approximately 0.018% of total outstanding shares, posing negligible liquidity pressure on the open market.
• Trading Significance: Rated Medium. While an $8.01 million sale is a material absolute dollar figure, its execution under a long-standing 10b5-1 plan limits its negative signaling value. Routine executive compensation monetization is common and generally well-absorbed by the market.