Coinbase executives plan to sell up to 13.6 million shares of COIN, worth approximately 2.2 billion USD

According to BeInCrypto citing Coinbase's third-quarter SEC filing, Coinbase CEO Brian Armstrong, co-founder Fred Ehrsam, and president Emilie Choi have each established Rule 10b5-1 stock sale plans, collectively intending to sell up to approximately 13.6 million shares of COIN, valued at about $2.2 billion based on the closing price on October 29.

Among them, Armstrong plans to sell up to approximately 8.17 million shares between November 16, 2026, and October 2027, with the related sales executed only when the stock price reaches the preset threshold, not yet completed.