Coinbase Director Sells Shares for Tax Withholding Following RSU Vesting

On August 20, 2026, Coinbase Director Christa Davies acquired 748 shares of Class A Common Stock upon the vesting of Restricted Stock Units (RSUs). Concurrently, Davies disposed of 57 shares at a price of $160.20 per share. This disposition, valued at approximately $9,131, was a 'sell-to-cover' transaction to satisfy tax withholding obligations related to the RSU vesting, as indicated by the 'F' transaction code. Such transactions are common and generally not considered discretionary trades reflecting a change in an insider's market outlook. Following these transactions, Davies' direct holdings amount to 3,770 shares. The filing also notes an indirect holding of 17,000 shares in an irrevocable trust.