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

SEC announcement ·  Jun 11 05:14
Summary by Futu AI
Coinbase Global, Inc. has announced that Brian Armstrong, associated with the company under the category 'Other', is set to sell 23,075 shares of Coinbase common stock. The sale, with an aggregate market value of approximately $5.76 million, is scheduled for June 10, 2024. These shares were originally acquired from the Brian Armstrong 2018 Grantor Retained Annuity Trust on December 23, 2019, through an asset exchange, with the Class B common shares converting to Class A upon sale. Over the past three months, a total of 138,450 shares have been sold by the reporter, generating gross proceeds of over $32.67 million.
Coinbase Global, Inc. has announced that Brian Armstrong, associated with the company under the category 'Other', is set to sell 23,075 shares of Coinbase common stock. The sale, with an aggregate market value of approximately $5.76 million, is scheduled for June 10, 2024. These shares were originally acquired from the Brian Armstrong 2018 Grantor Retained Annuity Trust on December 23, 2019, through an asset exchange, with the Class B common shares converting to Class A upon sale. Over the past three months, a total of 138,450 shares have been sold by the reporter, generating gross proceeds of over $32.67 million.
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