Michele M. Burns sells 1,666 Circle Internet (CRCL) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group director Michele M. Burns sold 1,666 shares of Class A common stock in an open-market transaction. The shares were sold at prices between $98.60 and $99.07 per share, with a weighted average price of $98.76, under a Rule 10b5-1 trading plan.
After this sale, Burns directly holds 330,558 shares of Class A common stock, including 2,018 shares issuable upon the vesting of restricted stock units. The transaction represents a relatively small portion of her overall reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,666 shares ($164,534)
Net Sell
1 txn
Insider
BURNS M MICHELE
Role
null
Sold
1,666 shs ($165K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,666 | $98.76 | $165K |
Holdings After Transaction:
Class A Common Stock — 330,558 shares (Direct, null)
Footnotes (1)
- The reported sale was made pursuant to a 10b5-1 trading plan. These shares were sold in multiple transactions at prices ranging from $98.60 to $99.07, inclusive. The weighted average sale price was $98.76. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. Represents 328,540 shares of Class A common stock held outright by the Reporting Person and 2,018 shares of Class A common stock issuable upon the vesting of restricted stock units.
Key Figures
Shares sold: 1,666 shares
Weighted average sale price: $98.76 per share
Sale price range: $98.60–$99.07 per share
+3 more
6 metrics
Shares sold
1,666 shares
Open-market sale of Class A common stock
Weighted average sale price
$98.76 per share
Average across multiple sale transactions
Sale price range
$98.60–$99.07 per share
Prices of individual trades in the sale
Shares held after transaction
330,558 shares
Total Class A common stock position following sale
Outright shares held
328,540 shares
Class A common stock held directly by the insider
RSU-linked shares
2,018 shares
Shares issuable upon vesting of restricted stock units
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, restricted stock units, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The reported sale was made pursuant to a 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The weighted average sale price was $98.76."
restricted stock units financial
"2,018 shares of Class A common stock issuable 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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Circle Internet Group (CRCL) report for Michele M. Burns?
Circle Internet Group reported that director Michele M. Burns sold 1,666 shares of Class A common stock. The sale was an open-market transaction executed under a Rule 10b5-1 trading plan at a weighted average price of $98.76 per share.
Was the CRCL insider sale by Michele M. Burns made under a Rule 10b5-1 plan?
Yes. The Form 4 states that Michele M. Burns’s sale of 1,666 CRCL shares was made pursuant to a Rule 10b5-1 trading plan. Such plans pre-schedule trades, indicating the transaction timing was arranged in advance rather than decided spontaneously.
Does Michele M. Burns have any remaining derivative or option positions in CRCL after this filing?
The Form 4 derivative summary shows no remaining derivative positions for Michele M. Burns. Her disclosed holdings consist of 328,540 shares of CRCL Class A common stock held outright and 2,018 shares underlying restricted stock units expected to vest.