Key Takeaways Four Coinbase executives sold off approximately $1.2 billion of shares in a series of sales beginning this February. Share this article URL CopiedFour of Coinbase’s leading executives have sold over $1 billion in shares, according to reports from the Wall Street Journal. According to the report, Co-founder and CEO Brian Armstrong and his living trust sold shares for $292 million. COO Emilie Choi exercised options at a cost of $9.7 million and sold her shares for $226 million. The company’s stock opened at $381 in April 2021, and Coinbase executives sold at prices between $189 to $422.

Source: Wall Street Journal May 28, 2022 10:36 UTC