Coinbase CFO Sells $700 Million Stake and Secures New RSUs

Coinbase Global, Inc. (NASDAQ: COIN) Chief Financial Officer Alesia J. Haas converted approximately 610,000 Class B common shares into Class A common shares on February 6, exercised her stock options and sold roughly $56 million (about KRW 700 billion) worth of stock. After these transactions, she still holds 402,165 Class A shares. On February 14, Haas was granted 82,156 restricted stock units (RSUs) in Class A common stock, and Chief Accounting Officer Jennifer N. Jones received 24,342 RSUs. Both awards are time-based stock compensations that vest quarterly over three years and involve no cash payments.

In its Q4 2025 earnings report, Coinbase posted a net loss of about $667 million and revenue that fell short of analysts’ forecasts. However, the company completed a $1.7 billion share repurchase program and approved an additional $2 billion (roughly KRW 2.6 trillion) buyback. Its “exchange for all assets” strategy has driven the stock price up by double digits in recent days, increasing market volatility.

Listed on NASDAQ, Coinbase is a leading U.S. digital asset exchange that has diversified its business by generating revenue from trading fees, staking and custody services. The exercise of stock options and the granting of RSUs to executives like CFO Haas are in line with the typical long-term incentive programs used by growth and technology companies in the United States.