Crypto
Coinbase Relinquishes Shares for Tax Withholding on CFO's Vesting
Coinbase's Chief Accounting Officer Jennifer N. Jones recently reported that she vested and settled previously granted restricted stock units (RSUs) on August 20, 2026.
A total of 4,564 RSUs were converted into an equal number of Class A Common Stock shares at a conversion price of $0.00 per share.
In connection with this vesting, 2,502 shares of Class A Common Stock were relinquished by the company to cover tax withholding obligations arising from the RSU vesting, at a price of $160.20 per share.