Form 4 Filing for Coinbase Global, Inc. by Frederick Ernest Ehrsam III

This Form 4 filing details transactions by Frederick Ernest Ehrsam III, a director at Coinbase Global, Inc., on December 18, 2025. The transactions were conducted under a Rule 10b5-1 trading plan. Ehrsam III converted 1,375 shares of Class B Common Stock into 1,375 shares of Class A Common Stock. Concurrently, he sold 1,375 shares of Class A Common Stock at a weighted average price of $252.8165, with prices ranging from $252.53 to $253.22. Following these transactions, Ehrsam III holds 11,881 shares of Class A Common Stock directly. The Class B Common Stock is convertible into Class A Common Stock at the holder's option.