Director at Circle Internet (CRCL) receives 3,466 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Koenigsbauer Kirk James reported acquisition or exercise transactions in this Form 4 filing.
Circle Internet Group, Inc. director Kirk James Koenigsbauer reported receiving an award of 3,466 shares of Class A common stock in the form of restricted stock units. Each restricted stock unit represents a right to receive one share of Class A common stock.
The 3,466 restricted stock units vest in substantially equal annual installments beginning on March 16, 2027 through March 16, 2029, subject to his continued service with the company on each vesting date. Following this grant, he directly holds 3,466 shares subject to these units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Koenigsbauer Kirk James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,466 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 3,466 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A common stock. Represents shares of Class A common stock subject to outstanding restricted stock units granted to the Reporting Person. The restricted stock units vest in substantially equal annual installments beginning on March 16, 2027 through March 16, 2029, in each case, subject to the Reporting Person's continued service relationship with the Issuer through each applicable vesting date.
FAQ
What insider transaction did Circle Internet Group (CRCL) disclose in this Form 4?
Circle Internet Group disclosed that director Kirk James Koenigsbauer received 3,466 restricted stock units of Class A common stock. These units represent a right to receive the same number of shares and were reported as a grant or award acquisition.
What are the vesting terms of the Circle Internet Group (CRCL) restricted stock units?
The restricted stock units vest in substantially equal annual installments from March 16, 2027 through March 16, 2029. Vesting on each date is conditioned on the director maintaining a continued service relationship with Circle Internet Group through that applicable vesting date.
Is the Circle Internet Group (CRCL) Form 4 transaction an open-market purchase or a grant?
The Form 4 shows a grant or award acquisition of restricted stock units, not an open-market share purchase. The transaction code is “A,” indicating a grant, and the reported price per share is zero, consistent with an equity award arrangement.