Circle Internet director updates share holdings
Circle Internet Group director Bradley Horowitz reported a small internal restructuring of his holdings in Class A common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Circle Internet Group director Bradley Horowitz reported a small internal restructuring of his holdings in Class A common stock. An affiliated fund, Accel XI Strategic Partners L.P., made a pro-rata in-kind distribution of shares to its limited partners, including the Dharma Revocable Living Trust, without additional consideration. Following this, the trust holds 902 shares indirectly, while Horowitz’s direct position consists of 13,049 shares plus 11,624 shares issuable upon vesting of restricted stock units. The activity reflects a redistribution among affiliated entities rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 88 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents a pro-rata in kind distribution of shares of the Issuer's Class A common stock by Accel XI Strategic Partners L.P. to its limited partners, including the Reporting Person's affiliated entity, the Dharma Revocable Living Trust without additional consideration.
- F2. Represents shares of Class A common stock held through a revocable grantor living trust of which the Reporting Person and his spouse are co-trustees and co-beneficiaries. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock except to the extent of his pecuniary interest therein.
- F3. Represents 13,049 shares of Class A common stock held outright by the Reporting Person and 11,624 shares of Class A common stock issuable upon the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Circle Internet Group (CRCL) director Bradley Horowitz report in this Form 4?
What does the Form 4 say about Bradley Horowitz’s beneficial ownership of Circle Internet (CRCL) shares held in the trust?
How is the restructuring transaction in Circle Internet (CRCL) classified in the Form 4 data?
AI-generated analysis. How Rhea-AI works. Not financial advice.