Brian Armstrong, CEO of Coinbase, said in a post on X: "For the few who follow my latest 10b51 plan, let me first introduce the background: over time, I will make some diversified investments, including investing in moonshots, but still retain the vast majority of my Coinbase shares.
For some reason, the relevant disclosure does not show the price target, only the total number of stocks that may cause FUD. For clarity, I listed about 10% of the stocks held in the plan, but most of them have price limits much higher than COIN's current price. I don't think most of the stocks will be executed next year (unless we perform much better than expected). Coinbase is my top priority. We are just getting started and I plan to operate it for a long time."