Circle Internet (CRCL) officer has 7,603 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc. Chief Product & Tech. Officer Nikhil Chandhok had 7,603 shares of Class A common stock withheld on June 1, 2026 to cover tax obligations from vesting restricted stock units. This was a tax-withholding disposition at $113.00 per share, not an open-market sale. After the withholding, he beneficially owns 525,142 shares, including 229,066 shares held outright and 296,076 shares subject to outstanding restricted stock units, indicating the transaction is a routine compensation-related event that leaves a substantial continuing equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chandhok Nikhil
Role
Chief Product & Tech. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,603 | $113.00 | $859K |
Holdings After Transaction:
Class A Common Stock — 525,142 shares (Direct, null)
Footnotes (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. Represents 229,066 shares of Class A common stock held outright by the Reporting Person and 296,076 shares of Class A common stock subject to outstanding restricted stock units.
Key Figures
Shares withheld for taxes: 7,603 shares
Tax-withholding price: $113.00 per share
Total shares after transaction: 525,142 shares
+2 more
5 metrics
Shares withheld for taxes
7,603 shares
Tax-withholding disposition on June 1, 2026
Tax-withholding price
$113.00 per share
Value applied to withheld shares
Total shares after transaction
525,142 shares
Beneficial ownership following withholding
Shares held outright
229,066 shares
Class A common stock held directly
Shares in outstanding RSUs
296,076 shares
Class A common stock subject to restricted stock units
Key Terms
restricted stock units, tax withholding obligation, Class A common stock
3 terms
restricted stock units financial
"upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"withheld to satisfy the Reporting Person's tax withholding obligation"
Class A common stock financial
"The shares of Class A common stock were withheld"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Circle Internet Group (CRCL) insider Nikhil Chandhok report on this Form 4?
Nikhil Chandhok reported that 7,603 shares of Class A common stock were withheld to satisfy his tax obligations upon the vesting of restricted stock units. This is a compensation-related tax-withholding event rather than an open-market purchase or sale of shares.
Was the Circle Internet Group (CRCL) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company at $113.00 per share to cover Nikhil Chandhok’s tax liability when his restricted stock units vested, a common administrative event for equity compensation.
What are Nikhil Chandhok’s total Circle Internet Group (CRCL) holdings after this Form 4?
After the reported tax withholding, Nikhil Chandhok beneficially owns 525,142 shares of Class A common stock. This includes 229,066 shares held outright and 296,076 shares underlying outstanding restricted stock units, reflecting a substantial ongoing equity stake in Circle Internet Group.
What does the $113.00 price mean in the Circle Internet Group (CRCL) Form 4?
The $113.00 per share figure is the value used for the 7,603 shares withheld to cover Nikhil Chandhok’s tax obligations. It reflects the price applied for this tax-withholding disposition tied to vesting restricted stock units, not a negotiated market sale price.
How does this Circle Internet Group (CRCL) Form 4 affect insider ownership levels?
Despite 7,603 shares being withheld for taxes, Nikhil Chandhok continues to hold 525,142 shares of Class A common stock. His position consists of 229,066 shares owned outright and 296,076 shares represented by restricted stock units that remain outstanding after the vesting event.