Coinbase Insiders Dump Over $5 Million in Stock - CFO Alesia Haas Leads the Charge

Holy moly, Coinbase insiders are unloading their stock like it's going out of style! We're talking over $5 million worth, and guess who's leading the pack? None other than CFO Alesia Haas herself!

On Tuesday, June 16, Coinbase dropped a bombshell with their Form 144 filing to the SEC, spilling the beans on all the insider sales. Brace yourselves, folks - since March 2025, these insiders have been selling like crazy, offloading a whopping 26,243 shares and raking in a cool $5,673,636 in the process.

But hold onto your hats, because CFO Alesia Haas is the real MVP here. She's been on a selling spree, dumping 21,020 shares across three transactions, one each month since March, and walking away with a mind-blowing $4.53 million. And that's not all - on the same dates, ABC 2021 LLC, where Haas is the big boss, sold an additional 5,223 shares for $1.14 million. Talk about a power move!

Now, some might call this routine financial management, but we're not buying it. In March 2025, Haas was sitting pretty with 114,866 shares of Coinbase stock, plus another 15,673 through ABC 2021 LLC. Looks like she's cashing in while the going's good!

Coinbase Executives Can't Stop Selling Shares

Listen up, folks - when the big shots at publicly traded companies start selling their shares left and right, you know something's up. Investors are watching these moves like hawks, and for good reason. Big sales can send a message that the execs are losing faith in their own company or think the stock's overpriced.

That's why the SEC demands that these sales be disclosed to the public. But in a Q4 2024 investor call, Haas tried to put out the fire, claiming these sales don't mean they're jumping ship.

"All of our insiders—myself, Brian, Emilie, Paul, those on the phone and all of our insiders—we all have shared long-term conviction in Coinbase," Haas said, trying to reassure everyone. "It's important to note that these sales account for a small portion of insiders' total holdings in Coinbase."

But let's not forget CEO Brian Armstrong, the ultimate Coinbase stock-selling champ. Back in 2021, right after the company went public, he sold a jaw-dropping $290 million worth of shares. When the big dogs start cashing out, you've gotta wonder what they know that we don't!