sellNotable cluster of 310b5-1 plan
Brian Armstrong sold $163M of COIN
Chairman and CEO at Coinbase Global, Inc.. 450,000 shares at an average of $362.75, traded Jun 25, 2025, filed Jun 27, 2025.
Warning score
65Value
$163M
450,000 shares
Holdings after
526
-134% from before
From 52-week low
+135%
low $151.47, close $355.37
From 52-week high
0%
high $355.37, as of Jun 25, 2025
Score components
- +25RoleCEO
- +25Trade size$163.2M at market
- +20Share of holdings soldSold 100% of holdings
- +15Cluster3 insiders selling within 14 days
- -2010b5-1 planPre-scheduled under a 10b5-1 plan
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
COINOct 9, 2026 · close 179.39
Since filing Jun 27, 2025: -49.2%SPY +28.3% · excess -77.6%
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001679788-25-000139, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Jun 25, 2025 | CConversion Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | +336,265 | $0.00 | $0 | 336,791 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -72,111 | $358.42 | $26M | 264,680 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -31,501 | $359.38 | $11M | 233,179 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -19,007 | $360.46 | $6.9M | 214,172 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -34,505 | $361.46 | $12M | 179,667 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -31,230 | $362.42 | $11M | 148,437 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -19,534 | $363.44 | $7.1M | 128,903 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -23,451 | $364.52 | $8.5M | 105,452 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -36,496 | $365.48 | $13M | 68,956 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -23,614 | $366.37 | $8.7M | 45,342 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -25,931 | $367.51 | $9.5M | 19,411 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -18,040 | $368.41 | $6.6M | 1,371 | Jun 27, 2025 |
| Jun 25, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -845 | $369.13 | $312k | 526 | Jun 27, 2025 |
| Jun 26, 2025 | CConversion Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | +113,735 | $0.00 | $0 | 114,261 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -2,585 | $358.68 | $927k | 111,676 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -5,965 | $359.46 | $2.1M | 105,711 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -5,456 | $360.53 | $2.0M | 100,255 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -10,088 | $361.50 | $3.6M | 90,167 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -20,177 | $362.51 | $7.3M | 69,990 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -28,185 | $363.53 | $10M | 41,805 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -28,453 | $364.42 | $10M | 13,352 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -10,417 | $365.39 | $3.8M | 2,935 | Jun 27, 2025 |
| Jun 26, 2025 | SOpen-market sale Class A Common Stockindirect: By The Brian Armstrong Living Trust10b5-1 | -2,409 | $366.22 | $882k | 526 | Jun 27, 2025 |
| Jun 25, 2025 | CConversion Class B Common Stockderivativeindirect: By The Brian Armstrong Living Trust10b5-1 | -336,265 | $0.00 | $0 | 23,594,960 | Jun 27, 2025 |
| Jun 26, 2025 | CConversion Class B Common Stockderivativeindirect: By The Brian Armstrong Living Trust10b5-1 | -113,735 | $0.00 | $0 | 23,481,225 | Jun 27, 2025 |
Related signals
Other insiders at Coinbase Global, Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 28Weak | Coinbase Global, Inc. | Marc L Andreessen director | $3.9M 20,514 shares | -2% | |
| 28Weak | Coinbase Global, Inc. | Marc L Andreessen director | $1.4M 6,838 shares | -1% | |
| 40Moderate | Coinbase Global, Inc. | Alesia J Haas Chief Financial Officer | $8.0M 39,030 shares | -10% | |
| 35Weak | Coinbase Global, Inc. | Marc L Andreessen director | $2.5M 13,676 shares | -1% | |
| 48Moderate | Coinbase Global, Inc. | Frederick R Wilson director | $1.8M 10,000 shares | -100% | |
| 27Weak | Coinbase Global, Inc. | Alesia J Haas Chief Financial Officer | $2.0M 9,950 shares | -3% | |
| 42Moderate | Coinbase Global, Inc. | Alesia J Haas CHIEF FINANCIAL OFFICER | $2.0M 10,020 shares | -2% | |
| 23Weak | Coinbase Global, Inc. | Paul Grewal Chief Legal Officer | $230k 1,314 shares | -2% | |
| 51Moderate | Coinbase Global, Inc. | Lawrence J Brock Chief People Officer | $744k 4,821 shares | -91% | |
| 41Moderate | Coinbase Global, Inc. | Jennifer N. Jones Chief Accounting Officer | $170k 1,102 shares | -100% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.