Coinbase Global, Inc.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 22, 2026, Lawrence Brock notified Coinbase Global, Inc. (“Coinbase” or the “Company”) of his intention to step down as Chief People Officer of Coinbase, effective August 17, 2026. Through September 1, 2026, Mr. Brock will remain an employee of Coinbase and assist in the transition of his responsibilities. In connection with Mr. Brock’s resignation, the Company expects to appoint Dominique Baillet as Chief People Officer. On July 23, 2026, the Company and Mr. Brock entered into an advisor agreement (the “Advisor Agreement”), pursuant to which Mr. Brock will provide advisory services to the Company from September 2, 2026 through November 30, 2026 (the “Advisory Period”). Mr. Brock will be entitled to a lump sum payment equal to three months of his current base salary, payable following the end of the Advisory Period, and continued vesting of the portion of his outstanding restricted stock units scheduled to vest on November 20, 2026, subject to his continued services under the Advisor Agreement. The foregoing description of the Advisor Agreement does not purport to be complete and is qualified in its entirety by reference to the Advisor Agreement, which is filed as an exhibit to this Current Report on Form 8-K.