Circle Internet Group (CRCL) CEO details insider stock unit conversions
Rhea-AI Filing Summary
Circle Internet Group’s Chairman and CEO, who is also a director, reported equity transactions dated 01/02/2026. Several restricted stock unit awards were converted into Class A common stock, with 1,634, 2,434, 6,742 and 72,208 shares of Class A underlying these units, all at an exercise price of $0. Shares of Class B common stock were also converted into 83,018 shares of Class A and 44,140 shares of Class A were withheld at $79.3 per share to satisfy tax obligations.
Following these transactions, the reporting person directly holds 70,517 shares of Class A common stock and indirect Class A holdings through multiple irrevocable trusts, each holding about 66,700 shares, for the benefit of family members. The person also holds substantial Class B common stock, which is convertible into Class A on a one-for-one basis and in part is held through a grantor annuity trust, with certain beneficial ownership disclaimed as described in the footnotes.
Positive
- None.
Negative
- None.
FAQ
What insider activity did Circle Internet Group (CRCL) report on 01/02/2026?
The Chairman and CEO reported multiple conversions of restricted stock units into Class A common stock and related tax withholding transactions on 01/02/2026.
How many Class A shares does the Circle Internet Group CEO now hold directly?
After the reported transactions, the reporting person directly holds 70,517 shares of Class A common stock.
What restricted stock unit conversions were disclosed by Circle Internet Group (CRCL)?
Restricted stock units convertible into 1,634, 2,434, 6,742 and 72,208 shares of Class A common stock were reported as converted at an exercise price of $0.
Why were some Circle Internet Group shares withheld in the insider transaction?
The filing states that 44,140 shares of Class B common stock, convertible into Class A, were withheld to satisfy the reporting person’s tax withholding obligation on vested stock units.
How are trusts involved in the Circle Internet Group (CRCL) insider’s holdings?
The reporting person has indirect ownership of Class A and Class B shares through several irrevocable trusts for the benefit of children and a grantor annuity trust, with certain beneficial ownership expressly disclaimed.
What is the relationship between Circle Internet Group Class A and Class B shares?
Each share of Class B common stock is convertible into one share of Class A common stock at the reporting person’s option and also converts automatically upon certain transfers.