Coinbase CEO Armstrong Sells $550M Stock Over Past Year

Armstrong offloads $550 million in shares

Coinbase CEO Brian Armstrong sold approximately $550 million in company stock over the past year. The sales occurred from early 2025 through January 2026. Armstrong offloaded more than 1.5 million shares during this period. The transactions constituted about 5% of his overall holdings in the cryptocurrency exchange.

Sales executed under regulatory trading plan

Armstrong executed the stock sales under a Rule 10b5-1 trading plan. This regulatory mechanism allows company insiders to sell shares on a predetermined schedule. Armstrong adopted the plan on 15 August 2024. The plan permits executives to sell stock without accusations of insider trading. Armstrong completed 88 sales through the plan with zero purchases.

"Buying Coinbase through Coinbase feels good.", January 2026. — Brian Armstrong, CEO, Coinbase

Most recent sale at $249 per share

Armstrong's most recent sale occurred on 5 January 2026. He sold 40,000 shares at approximately $249 per share according to initial reports. The transaction totaled roughly $101 million. Some data providers reported the price at $254.92 per share for the same sale. The variance reflects different data provider methodologies tracked in market records.

Stock drops over 60% from peak

Coinbase shares declined from a high of $445 to roughly $151. This represents a decrease of over 60%. The stock hit a 52-week high of $444.65 in mid-2025. By 11 February 2026, shares traded at $128.28 on some exchanges. The decline occurred as broader cryptocurrency markets faced downward pressure.