Armstrong Brian

Coinbase CEO Armstrong sells entire stake: 40,000 shares ($10.0M) across 3 separate transactions on 2026-01-05.

Armstrong, Coinbase's Chairman and CEO, liquidated his full equity position through 3 separate sales totaling 40,000 shares for $9,958,267.58 on 2026-01-05, executed at a blended average price of $248.96. This complete exit at the company's top ranks stands in stark contrast to his earlier selling pattern: just 14 days prior (2025-12-22), he had executed 5 separate sales at COIN, and his cross-ticker track record shows 20 prior sells with an average 30d return of -9.6%. The current stock price of $245.93 is -41.4% from the 52-week high of $419.78, and down -36.4% over 90 days, signaling material weakness in the name. While the company maintains strong fundamentals—$1.9B quarterly revenue, $432.6M net income, and +111.2% annual revenue growth—the complete liquidation of the CEO's personal holdings during a period of sustained price decline and coupled with recent repeated selling activity raises questions about divergence between management's public commitment and personal conviction in the stock.

CEO Armstrong sells entire 40,000-share COIN stake for $10.0M (blended avg $250.15) on 2025-12-22

Brian Armstrong, Chairman and CEO of Coinbase, executed 5 separate sales totaling 40,000 shares for $10,005,878.96 on 2025-12-22, reducing his holdings to zero (down 100.0% from pre-transaction). The sales occurred at prices ranging from $248.61 to $252.30 across the trading day. This represents a complete liquidation of Armstrong's direct COIN equity stake coinciding with the stock trading at $242.30 currently, down 42.3% from its 52-week high of $419.78, though the 30-day change remains modestly positive at +0.8%. Armstrong's cross-ticker sell history shows an average 30-day return of -12.0% across 20 prior transactions; notably, his 5 most recent COIN trades on 2025-12-08 (also sales) remain outside the measurable window. The complete elimination of Armstrong's holding removes the most senior insider's skin in the game during a period of significant volatility for Coinbase equity, meriting investor attention given the company's strong FY fundamentals (111.2% annual revenue growth, $432.6M net income, P/E of 20.23).

Coinbase CEO Brian Armstrong sells entire 40,000-share position for $10.3M across five transactions on 2025-11-26

Brian Armstrong, Coinbase's Chairman and CEO, executed 5 separate sales totaling 40,000 shares for $10,292,234.18 on 2025-11-26 at prices ranging from $255.47 to $259.15 (blended average $257.31). This represents a complete liquidation of his holdings (100.0% reduction from pre-transaction position of 40,000 shares to zero post-transaction). The sales occurred when Coinbase traded at those prices on 2025-11-26; the current price of $275.09 is 6.9% above the blended average transaction price. Across his prior open-market history (20 prior sells at all tickers), Armstrong's average 30-day return post-sell is -15.3%. At Coinbase specifically, his 5 prior trades show recent sell activity on 2025-12-08 with outcomes not yet measurable, preventing assessment of timing accuracy at this ticker. The company fundamentals show strong performance: annual revenue growth of +111.2%, quarterly revenue of $1,868,693,000.00, net income of $432,552,000.00, and a market cap of $73,926,586,240.00. The total liquidation of the CEO's personal holdings warrants scrutiny from investors monitoring executive conviction and capital deployment signals.

Coinbase CEO Brian Armstrong sells entire 40,000 COIN holdings for $11.0M across 6 separate transactions on 2025-12-08

Brian Armstrong, Chairman and CEO of Coinbase, executed 6 separate sales totaling 40,000 shares for $10,954,537.04 at an average price of $273.86, completely exiting his equity position. This full liquidation is notable against Coinbase's strong recent fundamentals: annual revenue growth of +111.2%, net income of $432,552,000.00, and a P/E of 22.96. Armstrong's cross-ticker track record shows 20 prior sells with an average 30-day return of -15.6%, while COIN itself has declined -13.5% over the past 30 days and -15.1% over 90 days. The CEO's complete divestiture of his holdings, combined with his historical pattern of sells preceding downward price movement and the stock's -34.5% pullback from its 52-week high, represents a significant removal of insider equity alignment during a period of strong operating performance but market weakness.

Coinbase CEO Armstrong sells entire stake: 40,000 shares for $10.9M at $271.87 avg on 2025-11-17; stock down 25.2% in 30d.

Armstrong Brian, Chairman and CEO of Coinbase Global, Inc., executed 6 separate sales totaling 40,000 shares for $10,874,860.98, completely liquidating his holdings. The sales occurred at prices ranging from $271.14 to $275.91 with a blended average of $271.87 on 2025-11-17. This complete exit coincides with significant recent price weakness: the stock has declined 25.2% over the prior 30 days and currently trades at $257.29, 38.7% below its 52-week high of $419.78. His cross-ticker track record shows 20 prior sales with an average 30-day return of -12.8%, suggesting a pattern of exiting before declines. The complete liquidation of the CEO's personal stake, combined with recent sales on 2025-11-10 and the current steep drawdown, warrants attention to whether this reflects forward-looking concerns about near-term execution or valuation at a company with strong recent fundamentals (111.2% annual revenue growth, P/E of 21.48).

CEO Armstrong sold 25,000 shares for $8.0M (blended avg $320.67) on 2025-11-10; stock down -32.4% from 52-wk high to $284.00

Brian Armstrong, CEO of Coinbase, executed 6 separate sales totaling 25,000 shares on 2025-11-10, generating $8,016,806.83 at a blended average price of $320.67. This represents a -97.9% reduction versus his pre-transaction holdings of 25,526 shares, leaving him with 526 shares post-transaction. The timing is notable: Armstrong completed this large divestment when COIN was trading at prices between $319.85 and $324.37, yet the stock has since declined to $284.00 (currently -32.4% from the 52-week high). His cross-ticker track record shows 20 prior sells averaging a -5.0% 30-day return, though timing outcomes at the 90-day horizon for prior COIN sales remain unmeasurable (5 prior sells on 2025-11-03 have no 30d or 90d return data yet). The company itself shows strong fundamentals: revenue of $1,868,693,000.00 (latest quarter), net income of $432,552,000.00, and annual revenue growth of +111.2% year-over-year. The filing contains a derivative conversion; the insider's true position may extend beyond the Table I shares reported here.

Armstrong sells 25,000 COIN shares at $335–$340 blended avg $337.49; stock now at $319.30, off 17.3% in 30 days

Armstrong (Chairman and CEO) executed 6 separate sales totaling 25,000 shares for $8,437,155.95 on 2025-11-03, reducing his holdings to 526 shares (from 25.5K). The blended average transaction price of $337.49 sits above the current price of $319.30 (-23.9% from the 52-week high). Notably, the 30-day change is -17.3%, suggesting the stock declined materially after these transactions. His cross-ticker track record shows 20 prior sells with an average 30-day return of +5.1%, though this most recent sale at COIN is part of a pattern of 5 separate sells within days (all on 2025-10-13 and 2025-11-03), indicating sustained reduction in his stake. The company's fundamentals remain robust with annual revenue growth of +111.2% and a P/E of 26.65 against an $85.8B market cap, suggesting no underlying deterioration of business quality at the time of sale. The FLAG note indicates this conversion of derivative securities warrants examination of Form 4 Table II (not yet fully populated in our database), meaning the 526 post-transaction shares may not represent Armstrong's total position.

CEO Armstrong sells 25,000 COIN shares for $9.0M at avg $361.32; retains 526 shares post-transaction

Brian Armstrong, Coinbase's Chairman and CEO, executed 6 separate sales totaling 25,000 shares for $9,033,102.94 at prices ranging from $359.49 to $364.17 on 2025-10-13. This represents a 97.9% reduction in his reported open holdings, leaving 526 shares post-transaction. The timing of the sale—at a blended average price of $361.32—occurred as COIN trades at $336.30, down 19.9% from its 52-week high of $419.78 and down 18.1% over the past 90 days, suggesting the insider executed this liquidation before further deterioration. Across Armstrong's cross-ticker track record, his 20 prior sells averaged a +4.0% 30-day return, indicating historically poor sell timing; however, at this specific ticker, his most recent measurable same-ticker sale on 2025-09-15 posted a +4.1% 30-day return. A FLAG indicates this filing involves conversion of derivative securities; the insider's full position in Table II (derivative holdings) is not yet populated in our database, so the 526 shares remaining in Table I may not represent his complete economic position.

CEO Armstrong sells 25,000 COIN shares for $8.9M; post-conversion holding drops to 526 shares (-97.9%)

Armstrong Brian (Chairman and CEO) executed 4 separate sales totaling 25,000 shares for $8,886,659.61 on 2025-10-02, with a blended average price of $355.47. This represents a -97.9% reduction in his open-market holdings, leaving 526 shares post-transaction. The current stock price of $386.07 sits -8.0% from the 52-week high of $419.78 and is +29.1% above the 30-day prior level, indicating strong recent momentum at the time of sale. The company's fundamentals show robust performance: $1.5B revenue last quarter with net income of $1.4B and annual revenue growth of +111.2%, paired with a P/E of 37.05. However, this filing contains a derivative-conversion transaction; the Form 4 Table II (derivative securities) is not yet populated in the database, meaning the reported 526 shares_after do not capture Armstrong's full position in derivative or converted securities. The near-complete reduction in tabulated holdings warrants monitoring of the derivative position to establish the insider's actual total exposure post-conversion.

Coinbase CEO Armstrong sells 25,000 shares for $8.1M across 3 transactions on 2025-09-15, retaining just 526 shares post-sale from derivative conversion.

Armstrong executed 3 separate sales totaling 25,000 shares for $8,057,112.69 at a blended average price of $322.28. This represents a -97.9% reduction in his pre-transaction COIN holdings, leaving only 526 shares post-sale. However, a DERIVATIVE-CONVERSION FLAG indicates this is a conversion of derivative securities—the insider's actual position includes holdings in Table II (derivatives) not yet populated in this database, so the 526 shares_after does not represent his total position. The sales occurred as COIN trades near its 52-week midpoint (current $320.56 vs 52-week range $151.47–$419.78), down 23.6% from the 52-week high. Armstrong's cross-ticker track record shows an average 30-day return of -8.0% after prior sales, though his same-ticker COIN trade outcomes are mixed and largely unmeasurable at this early stage (most recent sales on 2025-09-04 and 2025-08-12 lack 90-day outcome data). The company's fundamentals remain robust: $1.5B quarterly revenue with +111.2% annual growth and $1.4B net income, though valuation stands elevated at a P/E of 30.76.