Summary by Futu AI
Coinbase Global, Inc. officer Brian Armstrong is set to sell 23,075 shares of the company's common stock on 09/03/2024, as per the latest filing. These shares, valued at approximately $3,902,674.75, were originally acquired on 12/23/2019 from the Brian Armstrong 2018 Grantor Retained Annuity Trust. The transaction is part of a pre-planned trading strategy established on 08/16/2023. Armstrong's sale is in line with his recent trading activity, which has seen him sell a total of 138,450 shares over the past three months, generating gross proceeds of $30,294,373.29.