Summary by Futu AI
Frederick Ernest Ehrsam III, associated with Coinbase Global, Inc. [COIN], completed a transaction on June 14, 2024, acquiring 5,755 shares of Class A Common Stock at no cost. This transaction was categorized as an exercise or conversion of derivative security, directly increasing Ehrsam's holdings to a total of 10,417 shares of Coinbase's Common Stock. The transaction reflects a strengthening of Ehrsam's investment in the company, with the acquired shares valued at $0.00, indicating they were likely obtained through options or other equity incentives.