CIRCLE8 GROUP INC (CIRC) CEO reports automatic sale of 308,783 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CIRCLE8 GROUP INC Chairman and CEO Guus Paul Wilhelm Franke reported an automatic sale of company stock. On July 1, 2026, he sold 308,783 shares of common stock in an open-market transaction at an average price of $1.00 per share. The footnotes clarify this was an automatic sale and not a discretionary trade by the reporting person. After the sale, he continues to hold 12,207,287 shares of CIRCLE8 common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 308,783 shares ($308,783)
Net Sell
1 txn
Insider
Franke Guus Paul Wilhelm
Role
Chairman & CEO
Sold
308,783 shs ($309K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.00001 par value | 308,783 | $1.00 | $309K |
Holdings After Transaction:
Common Stock, $.00001 par value — 12,207,287 shares (Direct, null)
Footnotes (1)
- Represents shares of common stock sold pursuant to an automatic sale. This does not represent a discretionary transaction by a reporting person. These shares were valued at an average price of $1.00 per share.
Key Figures
Shares sold: 308,783 shares
Average sale price: $1.00 per share
Shares held after transaction: 12,207,287 shares
+2 more
5 metrics
Shares sold
308,783 shares
Open-market sale on July 1, 2026
Average sale price
$1.00 per share
Value per footnote F2
Shares held after transaction
12,207,287 shares
Direct ownership following sale
Transaction code
Code S
Sale in open market or private transaction
Transaction nature
Automatic sale
Footnote F1: not a discretionary transaction
Key Terms
automatic sale, non-derivative, open-market sale, transaction code S, +1 more
5 terms
automatic sale financial
"Represents shares of common stock sold pursuant to an automatic sale."
non-derivative financial
"transaction_type": "non-derivative""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code S regulatory
"transaction_code": "S""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction was reported for CIRCLE8 GROUP INC on this Form 4?
The filing reports an automatic sale of 308,783 shares of CIRCLE8 GROUP INC common stock at an average price of $1.00 per share. The transaction involved existing holdings of the company’s Chairman and CEO, Guus Paul Wilhelm Franke.
Was the CIRCLE8 GROUP INC insider sale a discretionary transaction?
No. A footnote explains the 308,783-share sale was an automatic sale and does not represent a discretionary transaction by the reporting person. This indicates the trade followed a preset instruction rather than an active timing decision.
What type of security was involved in the CIRCLE8 GROUP INC Form 4 transaction?
The transaction involved CIRCLE8 GROUP INC common stock with a par value of $0.00001 per share. The filing classifies the transaction as non-derivative, meaning it relates to actual shares rather than options or other derivative securities.