Circle Internet director updates equity holdings
Circle Internet Group director Bradley Horowitz reported his current equity position in Class A common stock.
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Rhea-AI Filing Summary
Circle Internet Group director Bradley Horowitz reported his current equity position in Class A common stock. Following the filing, he holds 24,673 shares tied to his direct ownership and restricted stock units, and an affiliated trust holds 1,006 shares.
The filing notes a pro-rata in kind distribution of 45 shares to the Dharma Revocable Living Trust from Accel XI Strategic Partners L.P., described as an internal restructuring rather than a market trade. The trust is a revocable grantor living trust where Horowitz and his spouse are co-trustees and co-beneficiaries, and he disclaims beneficial ownership of those shares except for his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 45 | $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.
Key Figures
Key Terms
pro-rata in kind distribution financial
revocable grantor living trust financial
restricted stock units financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did CRCL director Bradley Horowitz report in this Form 4?
What is the Dharma Revocable Living Trust’s Circle Internet (CRCL) position?
What are the restricted stock units mentioned in Bradley Horowitz’s CRCL filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.