PANews
PANews|Oct 29, 2026 21:40
[Coinbase CEO Plans to Sell Up to 8.1674 Million Shares Worth Approximately $1.31 Billion] Coinbase's latest quarterly report (10-Q) reveals that CEO Brian Armstrong entered into Rule 10b5-1 on August 12th, planning to sell up to 8.1674 million Class A ordinary shares through the exercise of vested stock options, subject to a certain share price threshold. The exercise period is expected to be from November 16, 2026 to October 22, 2027. According to The Defiant, these shares are worth approximately $1.31 billion, and co-founder Fred Ehrsam and executive Emilie Choi have also adopted the share sale plan.
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