Coinbase Global, Inc. reported a senior legal leadership transition in a Form 8-K filed July 9, 2026, covering events that occurred July 8, 2026. Paul Grewal notified the company on July 8 that he intends to step down as Coinbase’s Chief Legal Officer and Secretary, effective July 31, 2026. In connection with Grewal’s resignation, Coinbase said it expects to appoint Molly Abraham, currently Vice President, Legal, as the company’s General Counsel and Secretary. The filing does not describe the appointment as immediately effective, but indicates she is expected to take over the legal and corporate secretary roles following Grewal’s departure. Coinbase also entered into an advisor agreement with Grewal dated July 8, 2026. Under that agreement, Grewal will assist with the transition of his responsibilities and provide other advisory services to the company from August 1, 2026 through October 31, 2026. For the advisory period, he will receive a lump-sum payment equal to three months of his current base salary, payable after the advisory period ends. The agreement also provides for continued vesting of the portion of Grewal’s outstanding restricted stock units scheduled to vest on August 20, 2026, provided he continues to provide services under the advisor agreement. The filing does not disclose the number of RSUs involved, the value of the award, Grewal’s current base salary, or his post-transaction ownership. The report was filed under Item 5.02, which covers departures of directors or certain officers, appointments of certain officers, and compensatory arrangements. Coinbase also listed the advisor agreement as Exhibit 10.1 under Item 9.01. The filing does not report any open-market purchase or sale of Coinbase securities, and no insider transaction codes, share counts, prices, or ownership changes were provided.