Coinbase CEO Brian Armstrong and two other insiders filed prearranged sale plans under Rule 10b5-1. The plans cover up to 13.59 million Class A shares, representing a potential value of about $2.18 billion at the October 29 closing price. Sales could begin in November 2026, December 2026 and January 2027 for Armstrong, Frederick Ernest Ehrsam III and Emilie Choi, respectively. At the same time, Coinbase reported quarterly net income of $719 million, compared with $432.6 million a year earlier, despite a 43% decline in transaction revenue. COIN fell nearly 5% in after-hours trading to $152.98 after closing at $160.59.
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