Coinbase CFO Sells Millions in Shares After Exercising Stock Options

Coinbase Global, Inc. (NASDAQ: COIN) Chief Financial Officer Alesia J. Haas converted approximately 610,000 Class B common shares into Class A shares on February 6 and subsequently exercised a large block of stock options. To cover the exercise costs, fees and taxes, she sold roughly 360,000 Class A shares on the open market. The sale is estimated at tens of millions of dollars—equivalent to several hundred billion Korean won. After these transactions, Haas retains about 400,000 Class A shares and holds zero Class B shares. Then, on February 14, CFO Haas and Chief Accounting Officer Jennifer N. Jones were granted new restricted stock units—approximately 80,000 shares for Haas and around 20,000 shares for Jones—which will vest quarterly over roughly three years, from May 20, 2026, through February 20, 2029.

Recently, Coinbase officially launched 24-hour weekday trading of U.S. stocks and ETFs for American investors, advancing its “Everything Exchange” strategy of offering cryptocurrencies and traditional assets on one platform. The announcement helped drive a one-day share price gain of more than 10 percent. Alongside its fourth-quarter 2025 earnings report, the company completed a $1.7 billion share buyback and unveiled plans for an additional $2 billion repurchase—continuing a multi-billion-dollar program of shareholder returns paired with business diversification.

Coinbase, the largest U.S. digital-asset exchange, went public via a direct listing on Nasdaq in 2021. It provides on-chain infrastructure—crypto trading, custody, staking and payments—to retail and institutional clients, and has recently added stock and ETF trading as it positions itself as a comprehensive investment platform. Alesia Haas has served as Coinbase CFO since 2018, leading its listing preparation, capital strategy, significant share repurchases and expansion into new services as a key member of the executive team.