Odaily Planet Daily News According to Barron's, recently, Coinbase's global executives and directors approved a trading plan to sell over $900 million worth of shares in the cryptocurrency trading platform. Among them, three Coinbase executives and two directors will sell up to 5 million shares. Based on Friday's closing price of $182.88, these shares are valued at a total of $909 million. Insiders use such plans to avoid being accused of bias due to possession of non-public information. The plan will automatically execute trades when specific conditions such as price, trading volume, and time are met. Coinbase disclosed the adoption of these trading plans in a document submitted to the Securities and Exchange Commission on October 30. The plan is expected to start on November 18 and conclude no later than November 14, 2025. These shares for sale represent only a small portion of the total shares held by insiders in Coinbase.

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