Coinbase Officer Prepares to Sell $1.23 Million in Stock
A Coinbase (NASDAQ: COIN) officer is planning to sell up to 6,616 shares of company stock, valued at approximately $1.23 million, according to a recent filing.
The notice was submitted by Lawrence J. Brock, an officer of the company, under Rule 144, which allows certain insiders to sell restricted securities in the public market after meeting specific conditions.
The shares were acquired on August 20, 2026, as Restricted Stock Units from Coinbase Global, Inc., and are expected to be sold through Morgan Stanley Smith Barney LLC. The sale is planned for August 24, 2026, on the NASDAQ exchange.