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Coinbase | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Mar 12 06:08
Summary by Futu AI
Coinbase Global, Inc. officer Brian Armstrong is set to sell 23,075 shares of the company's common stock, with an aggregate market value of approximately $5.86 million, on March 11, 2024. These shares were originally acquired on December 23, 2019, from the Brian Armstrong 2018 Grantor Retained Annuity Trust. The shares were part of a Class B common stock that will be converted to Class A common shares in connection with the sale. This transaction follows a series of sales over the past three months, where a total of 661,525 shares were sold for gross proceeds of over $141.46 million.
Coinbase Global, Inc. officer Brian Armstrong is set to sell 23,075 shares of the company's common stock, with an aggregate market value of approximately $5.86 million, on March 11, 2024. These shares were originally acquired on December 23, 2019, from the Brian Armstrong 2018 Grantor Retained Annuity Trust. The shares were part of a Class B common stock that will be converted to Class A common shares in connection with the sale. This transaction follows a series of sales over the past three months, where a total of 661,525 shares were sold for gross proceeds of over $141.46 million.
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