[Form 4] Circle Internet Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

On 4 Aug 2025 Stabilis Solutions, Inc. (SLNG) filed a Form 8-K to report the final voting results from its 2025 Annual Meeting.

• Director elections (Item 5.07): All six nominees were elected. Support ranged from 95.3%-99.0% of votes cast, led by Edward L. Kuntz and Peter C. Mitchell (≈14.04 m ‘For’, 0.15 m ‘Withheld’ each). Broker non-votes totalled 1.57 m.
• Auditor ratification: Shareholders approved Ham, Langston & Brezina, L.L.P. as independent registered public accounting firm for 2025 with 15.12 m votes ‘For’ (≈96%), 0.64 m ‘Against’, and 621 abstentions; no broker non-votes.

No other proposals were submitted and the filing contains no financial or strategic disclosures. The strong affirmative votes signal continued investor confidence in the current board composition and the company’s chosen auditor, suggesting governance continuity without material change to the firm’s operating outlook.

Positive

• All six directors re-elected with ≥95% shareholder support, indicating investor confidence in current leadership.
• Auditor ratified with 96% approval, supporting continuity in financial reporting oversight.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine annual-meeting results; directors and auditor received overwhelming support—no immediate governance red flags or catalysts.

The ballot shows >95% approval for every director and 96% support for the auditor, comfortably above typical 90% board-support benchmark. High quorum (≈15.8 m votes) and minimal opposition suggest shareholder alignment with management, lowering near-term activism risk. However, because no new proposals or policy shifts were introduced, the event is largely procedural and unlikely to move SLNG’s valuation or risk profile.

Equity Analyst

TL;DR: Positive sentiment but non-financial; unlikely to alter earnings estimates or share price trajectory.

Investors often view strong board support as a qualitative positive, yet without accompanying operational guidance, cash-flow data, or strategy updates, this 8-K does not change our fundamental outlook. Liquidity, margin trends, and LNG market demand remain the key drivers for SLNG; today’s filing merely confirms governance stability.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tarbert Heath

(Last) (First) (Middle)

C/O CIRCLE INTERNET GROUP, INC.

ONE WORLD TRADE CENTER, 87TH FLOOR

(Street)

NEW YORK NY 10007

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Circle Internet Group, Inc. [ CRCL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/01/2025		F(1)		5,556	D	$183.52	637,795(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares of Class A common stock were withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.

2. Represents 92,070 shares of Class A common stock held outright by the Reporting person and 545,725 shares of Class A common stock subject to outstanding restricted stock units.

Remarks:

	/s/ Sarah K. Wilson, as Attorney-in-Fact for Heath Tarbert	08/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Which Stabilis Solutions (SLNG) directors were elected at the 2025 annual meeting?

J. Casey Crenshaw, Benjamin J. Broussard, Stacey B. Crenshaw, Edward L. Kuntz, Peter C. Mitchell, and Matthew W. Morris were all re-elected.

What were the vote totals for each SLNG director nominee?

Votes ‘For’ ranged 13.52 m–14.05 m; ‘Withheld’ 0.14 m–0.66 m; broker non-votes 1.57 m.

Did shareholders approve Stabilis Solutions' independent auditor for 2025?

Yes. 15,121,158 votes (≈96%) favored Ham, Langston & Brezina, with 638,966 against and 621 abstentions.

Were there any other proposals or material events disclosed in this 8-K?

No. The filing only covered director elections and auditor ratification—no strategic or financial updates.

How many broker non-votes were recorded for SLNG’s proposals?

1,573,080 broker non-votes on director elections; none on the auditor ratification item.