FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Grewal Paul
2. Issuer Name and Ticker or Trading Symbol

Coinbase Global, Inc. [COIN]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Legal Officer
(Last)          (First)          (Middle)

C/O COINBASE GLOBAL, INC.
ONE MADISON AVENUE, SUITE 2400
3. Date of Earliest Transaction (MM/DD/YYYY)

5/20/2026
(Street)

NEW YORK  NEW YORK  10010
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)        (State)        (Zip/Postal Code)
UNITED STATES
(Country)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 5/20/2026  M(1)  4,402 A$0 83,278 (2)D  
Class A Common Stock 5/20/2026  M(1)  3,038 A$0 86,316 D  
Class A Common Stock 5/20/2026  M(1)  3,038 A$0 89,354 D  
Class A Common Stock 5/20/2026  M(1)  5,071 A$0 94,425 D  
Class A Common Stock 5/20/2026  F(3)  7,712 D$193.45 86,713 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units $0 (4)5/20/2026  M (1)    4,402   (5) (6)Class A Common Stock 4,402 $0 8,803 D  
Restricted Stock Units $0 (4)5/20/2026  M (1)    3,038   (7) (6)Class A Common Stock 3,038 $0 21,265 D  
Restricted Stock Units $0 (4)5/20/2026  M (1)    3,038   (8) (6)Class A Common Stock 3,038 $0 30,379 D  
Restricted Stock Units $0 (4)5/20/2026  M (1)    5,071   (9) (6)Class A Common Stock 5,071 $0 55,785 D  

Explanation of Responses:
(1) Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
(2) Includes 102 shares acquired on May 14, 2026, pursuant to the Issuer's 2021 Employee Stock Purchase Plan.
(3) Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
(4) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
(5) The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2024, until the award is fully vested on November 20, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.
(6) RSUs do not expire; they either vest or are canceled prior to vesting date.
(7) The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2025, until the award is fully vested on February 20, 2028, subject to the Reporting Person's continued service to the Issuer on each vesting date.
(8) The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2026, until the award is fully vested on November 20, 2028, subject to the Reporting Person's continued service to the Issuer on each vesting date.
(9) The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2026, until the award is fully vested on February 20, 2029, subject to the Reporting Person's continued service to the Issuer on each vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Grewal Paul
C/O COINBASE GLOBAL, INC.
ONE MADISON AVENUE, SUITE 2400
NEW YORK
NEW YORK
10010
UNITED STATES


Chief Legal Officer

Signatures
/s/ Paul Grewal, by Lailey Rezai, Attorney-in-Fact5/22/2026
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
* Form 4: SEC 1474 (03-26).