Coinbase DEF 14A: Executive Comp & Financials

Ticker: COIN · Form: DEF 14A · Filed: 2025-04-25T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, financials

TL;DR

Coinbase DEF 14A out: exec pay details & 2021-2024 financials. See equity award changes.

AI Summary

Coinbase Global, Inc. filed a DEF 14A on April 25, 2025, for the fiscal year ending December 31, 2024. The filing provides details on executive compensation and other corporate governance matters. Key financial data for the years 2021 through 2024 is included, with a focus on changes in the fair value of outstanding equity awards.

Why It Matters

This filing is crucial for understanding how Coinbase compensates its top executives and provides insights into the company's financial performance and equity award valuations over recent years.

Risk Assessment

Risk Level: medium — DEF 14A filings are routine but can reveal significant information about executive compensation and financial health, impacting investor confidence.

Key Numbers

2021-2024 — Financial Data Years (Covers financial performance and equity award valuations over this period.)

Key Players & Entities

Coinbase Global, Inc. (company) — Filer
0001679788-25-000070 (filing_id) — Accession Number
20250425 (date) — Filing Date
20250618 (date) — Period of Report
2024-12-31 (date) — Fiscal Year End

FAQ

What is the primary purpose of this DEF 14A filing?

The primary purpose of this DEF 14A filing by Coinbase Global, Inc. is to provide information regarding executive compensation, corporate governance, and other shareholder-related matters for the fiscal year ending December 31, 2024.

When was this filing submitted to the SEC?

This filing was submitted to the SEC on April 25, 2025.

What is the reporting period for this document?

The conformed period of report for this filing is June 18, 2025.

Which fiscal years are covered by the financial data presented in the filing?

The financial data presented in the filing covers the fiscal years from 2021 through 2024.

What specific financial metric related to equity awards is highlighted?

The filing highlights the 'Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years' and 'Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year'.

From the Filing

0001679788-25-000070.txt : 20250425 0001679788-25-000070.hdr.sgml : 20250425 20250425160940 ACCESSION NUMBER: 0001679788-25-000070 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 38 CONFORMED PERIOD OF REPORT: 20250618 FILED AS OF DATE: 20250425 DATE AS OF CHANGE: 20250425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Coinbase Global, Inc. CENTRAL INDEX KEY: 0001679788 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets EIN: 464707224 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40289 FILM NUMBER: 25874014 BUSINESS ADDRESS: STREET 1: ONE MADISON AVENUE STREET 2: SUITE 2400 CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 3026365401 MAIL ADDRESS: STREET 1: C/O CORPORATION SERVICE COMPANY STREET 2: 251 LITTLE FALLS DRIVE CITY: WILMINGTON STATE: DE ZIP: 19808 DEF 14A 1 coin-20250425.htm DEF 14A coin-20250425 0001679788 DEF 14A false iso4217:USD iso4217:USD xbrli:shares 0001679788 2024-01-01 2024-12-31 0001679788 2023-01-01 2023-12-31 0001679788 2022-01-01 2022-12-31 0001679788 2021-01-01 2021-12-31 0001679788 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0001679788 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-01-01 2023-12-31 0001679788 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2022-01-01 2022-12-31 0001679788 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2021-01-01 2021-12-31 0001679788 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001679788 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001679788 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001679788 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2021-01-01 2021-12-31 0001679788 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001679788 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001679788 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001679788 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001679788 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001679788 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001679788 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001679788 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001679788 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001679788 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001679788 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001679788 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001679788 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001679788 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001679788 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001679788 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001679788 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001679788 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001679788 e