Circle Internet Group (CRCL) director awarded 2,018 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neville Patrick Sean reported acquisition or exercise transactions in this Form 4 filing.
Circle Internet Group, Inc. director Neville Patrick Sean received a grant of 2,018 shares of Class A common stock in the form of restricted stock units. These units were granted on May 15, 2026 and vest on the earlier of the company’s next annual stockholder meeting or the first anniversary of the grant, subject to his continued service.
After this grant, he directly holds 2,018 Class A shares and has additional Class B common stock positions that are convertible into Class A on a one-for-one basis, including shares held directly and through irrevocable grantor trusts, with beneficial ownership disclaimed as described in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Neville Patrick Sean
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,018 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,018 shares (Direct);
Class B Common Stock — 2,371,232 shares (Direct);
Class B Common Stock — 137,966 shares (Indirect, By Neville 2025 Qualified Annuity Trust);
Class A Common Stock — 33,568 shares (Indirect, By Calico Trust)
Footnotes (1)
- The restricted stock units were granted on May 15, 2026 and vest on the earlier date of the Issuer's next annual meeting of stockholders and the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. Represents 2,018 shares of Class A common stock subject to outstanding restricted stock units granted to the Reporting Person. Represents shares of Class A common stock held through an irrevocable grantor trust, of which the Reporting Person's wife, daughter and brother-in-law are trustees and the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock. Each share of Class B common stock is convertible into Class A common stock on a one-for-one basis at the option of the Reporting Person. In addition, each share of Class B common stock will convert automatically into Class A common stock on a one-for-one basis upon any transfer of such share, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. Shares of Class B common stock do not expire. Represents shares of Class B common stock held through an irrevocable grantor trust, of which the Reporting Person is the sole trustee and the Reporting Person is a beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Calico Trust, of which the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class B common stock except to the extent of his pecuniary interest therein.
Key Figures
RSU grant: 2,018 shares
Direct Class A holding: 2,018 shares
Direct Class B holding: 2,371,232 shares
+3 more
6 metrics
RSU grant
2,018 shares
Class A common stock restricted stock units granted May 15, 2026
Direct Class A holding
2,018 shares
Class A common stock held directly after the grant
Direct Class B holding
2,371,232 shares
Class B common stock directly held, convertible 1:1 into Class A
Indirect Class B holding
137,966 shares
Class B common stock held via Neville 2025 Qualified Annuity Trust
Indirect Class A holding
33,568 shares
Class A common stock held through the Calico Trust
Conversion ratio
1:1
Each Class B share convertible into one Class A share at option
Key Terms
restricted stock units, Class B common stock, grantor trust, pecuniary interest, +1 more
5 terms
restricted stock units financial
"The restricted stock units were granted on May 15, 2026 and vest on the earlier date of the Issuer's next annual meeting..."
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.
Class B common stock financial
"Each share of Class B common stock is convertible into Class A common stock on a one-for-one basis at the option of the Reporting Person."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
grantor trust financial
"Represents shares of Class A common stock held through an irrevocable grantor trust, of which the Reporting Person's wife, daughter and brother-in-law are trustees..."
A grantor trust is a legal arrangement where the person who puts assets into the trust keeps enough control or rights that, for tax and legal purposes, those assets are treated as still belonging to that person. For investors, that matters because income, gains and losses generated by the trust typically flow through to the grantor (or directly to investors) for tax reporting and distributions, affecting after-tax returns and cash flow predictability — think of it like a mailbox that forwards all the mail back to the sender rather than holding it inside.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of the shares of Class B common stock except to the extent of his pecuniary interest therein."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares of Class A common stock."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did Circle Internet Group (CRCL) director Neville Patrick Sean receive in this Form 4?
Neville Patrick Sean received 2,018 restricted stock units representing Class A common stock. The award is compensation, not an open-market trade, and increases his direct equity exposure while leaving his larger Class B holdings and related trust structures unchanged.
When do Neville Patrick Sean’s 2,018 Circle Internet Group (CRCL) RSUs vest?
The 2,018 restricted stock units vest on one of two dates: the earlier of Circle Internet Group’s next annual stockholder meeting or the first anniversary of the May 15, 2026 grant, provided Neville Patrick Sean continues to serve the company through that vesting date.
Does this Circle Internet Group (CRCL) Form 4 show any insider stock sales by Neville Patrick Sean?
No insider stock sales are reported in this Form 4. The filing records a grant of 2,018 restricted stock units and updates existing direct and trust-related holdings, without any open-market purchases, sales, gifts, or tax-withholding dispositions.