CRCL (NYSE: CRCL) Form 144 details $2.77M sale of Class A stock
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
CRCL filed a Form 144 notice covering a planned sale of restricted securities. The filing reports an intention to sell 31,251 shares of Class A Common Stock through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of $2,767,901.07. The filing notes that 216,487,160 shares of the same class were outstanding at the time of the notice.
The securities to be sold were originally acquired on 08/07/2013 through a mix of founder shares and gifts to various trusts from Jeremy Allaire, who acquired his shares as founder shares. The signer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or future operations.
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FAQ
What does CRCL's latest Form 144 filing disclose?
The Form 144 filing discloses an intended sale of 31,251 shares of Class A Common Stock of CRCL, to be executed through J.P. Morgan Securities LLC on the NYSE.
When were the CRCL securities in the Form 144 originally acquired?
The securities were acquired on 08/07/2013, including founder shares and shares received via gifts to several trusts from Jeremy Allaire, who obtained them as founder shares.
What classes of CRCL stock are referenced in this Form 144?
The filing references both Class A Common shares, which are being sold, and Class B founder shares that were acquired on 08/07/2013.
What representation does the seller make in CRCL's Form 144?
The seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.