A Form 4 filed with the SEC on September 10, 2026, discloses that Marc L. Andreessen, a director of Coinbase Global, Inc., sold 13,676 shares of Class A Common Stock on September 8, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: 13,676 shares of Coinbase Global Class A Common Stock disposed of on September 8, 2026.
  • Weighted average price: $181.1392 per share, with individual transactions ranging from $180.76 to $181.625.
  • 10b5-1 plan: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 5, 2026, during an open trading window.
  • Remaining indirect holdings via trust: 1,136,324 shares of Class A Common Stock held indirectly through the LAMA Community Trust following the reported transaction.
  • Additional indirect holdings: 2,568 shares held indirectly through AD Holdings, LLC, of which Andreessen is a manager.
  • Disclaimer on AD Holdings: The filing states Andreessen disclaims beneficial ownership of the AD Holdings, LLC securities except to the extent of his pecuniary interest, if any.

Andreessen Director Sale Details and Remaining Beneficial Ownership at Coinbase Global

According to the filing, Marc L. Andreessen, listed as a director of Coinbase Global, Inc. (NASDAQ:COIN), disposed of 13,676 shares of Class A Common Stock on September 8, 2026. The filing indicates the weighted average sale price was $181.1392 per share. The shares were sold across multiple transactions, with the lowest recorded price at $180.76 and the highest at $181.625. Andreessen, through the filing, undertakes to provide full information on the number of shares sold at each separate price within that range upon request by SEC staff, the issuer, or shareholders.

The filing discloses that these sales were carried out pursuant to a Rule 10b5-1 trading plan adopted by Andreessen on June 5, 2026, during an open trading window. The form was signed by Lailey Rezai as Attorney-in-Fact for Marc L. Andreessen and dated September 10, 2026.

Following the reported transaction, the filing shows that 1,136,324 shares of Class A Common Stock are beneficially owned indirectly through the LAMA Community Trust, of which Andreessen and his spouse are listed as trustees. A separate line discloses 2,568 shares held indirectly by AD Holdings, LLC. The filing notes that Andreessen "disclaims the existence of a 'group' and disclaims beneficial ownership of the securities held by AD Holdings, LLC," and states the report "shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any."

What Was Disclosed

The filing reports a September 8, 2026, sale of 13,676 Coinbase Global Class A Common Stock shares by director Marc L. Andreessen at a weighted average price of $181.1392, executed under a Rule 10b5-1 plan adopted June 5, 2026.