Summary by Futu AI
Coinbase Global, Inc. CEO Brian Armstrong executed a series of stock transactions on June 3, 2024. Armstrong sold a total of 23,075 shares of Class A Common Stock through a trust, with individual sale prices ranging from $226.72 to $238.75. Following these transactions, the trust indirectly held 526 shares. The total market value of the disposed shares amounted to approximately $5.33 million. The sales were conducted on the open market, as indicated by the transaction code 'S'. This action reflects a significant change in Armstrong's holdings in the company, which investors may find noteworthy.