Circle Internet CEO exercises 30,386 share units
Circle Internet Group, Inc. Chairman and CEO Jeremy Allaire reported derivative activity on August 1, 2026.
Rhea-AI Filing Summary
Circle Internet Group, Inc. Chairman and CEO Jeremy Allaire reported derivative activity on August 1, 2026. He exercised stock units covering 30,386 shares, acquiring 15,193 shares of Class B common stock, while 8,404 Class B shares were delivered or withheld for exercise price or tax liability. After these transactions, his Class A position totals 454,379 shares, representing 231,448 shares held outright and 222,931 shares issuable upon vesting of restricted stock units. He also has an indirect interest in 296,296 Class B shares through a grantor trust and additional Class A shares in non-grantor trusts, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,386 shares exercised/converted
Exercise
11 txns
Insider
Allaire Jeremy
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 2,434 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 6,742 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6 | 6,017 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F7 | 15,193 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class B Common Stock F7 | 8,404 | $0.00 | $0.00 |
| holding | Class B Common Stock F8 | -- | -- | -- |
| holding | Class A Common Stock F1 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 301,290 contracts (Direct);
Class B Common Stock — 15,652,309 contracts (Direct);
Class B Common Stock — 296,296 contracts (Indirect, By Allaire 2025 Qualified Annuity Trust);
Class A Common Stock — 454,379 shares (Direct);
Class A Common Stock — 63,346 shares (Indirect, By Spruce Trust);
Class A Common Stock — 63,350 shares (Indirect, By Oak Trust);
Class A Common Stock — 63,346 shares (Indirect, By Beech Trust);
Class A Common Stock — 63,346 shares (Indirect, By Chestnut Trust)
Footnotes (8)
- F1. Represents 231,448 shares of Class A common stock held outright by the reporting person and 222,931 shares of Class A common stock issuable upon the vesting of restricted stock units.
- F2. Represents shares of Class A common stock held through an irrevocable non-grantor trust, of which the Reporting Person's legal counsel is the sole trustee and the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of Class B common stock.
- F4. The Restricted Stock Units vest in substantially equal monthly installments from July 1, 2025 through January 1, 2027, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
- F5. The Restricted Stock Units vest in substantially equal monthly installments from July 1, 2025 through January 1, 2028, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
- F6. 1/4 of the shares subject to the Restricted Stock Units vest on January 1, 2026 and the remaining portion vest in 36 substantially equal monthly installments thereafter, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
- F7. 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.
- F8. 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 beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Allaire 2025 GRAT Remainder Trust, of which the Reporting Person's children are beneficiaries. 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
Derivative exercises: 30,386 shares
Class B shares acquired: 15,193 shares
Shares withheld for tax or exercise: 8,404 shares
+4 more
7 metrics
Derivative exercises
30,386 shares
Shares underlying stock units exercised on August 1, 2026
Class B shares acquired
15,193 shares
Class B common stock acquired via derivative conversion on August 1, 2026
Shares withheld for tax or exercise
8,404 shares
Class B shares delivered or withheld for exercise price or tax liability
Class A position after transactions
454,379 shares
Total Class A common stock position after August 1, 2026 activity
Class A shares held outright
231,448 shares
Portion of Class A position held directly by Jeremy Allaire
Class A shares issuable from RSUs
222,931 shares
Class A shares issuable upon vesting of restricted stock units
Class B shares in grantor trust
296,296 shares
Indirect Class B position held through Allaire 2025 Qualified Annuity Trust
Key Terms
Restricted Stock Unit, non-grantor trust, grantor trust, pecuniary interest, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
non-grantor trust financial
"held through an irrevocable non-grantor trust, of which the Reporting"
grantor trust financial
"held through an irrevocable grantor trust, of which the Reporting"
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
"disclaims beneficial ownership of the shares of Class B common stock except to the extent of his pecuniary interest"
Class B common stock financial
"Each share of Class B common stock is convertible into Class A"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CRCL Chairman and CEO Jeremy Allaire report on August 1, 2026?
Jeremy Allaire exercised derivative stock units covering 30,386 shares on August 1, 2026. This activity resulted in the acquisition of 15,193 shares of Class B common stock, while 8,404 Class B shares were delivered or withheld to satisfy exercise price or tax liability.
Were Jeremy Allaire’s CRCL transactions made under a Rule 10b5-1 trading plan?
The transactions are not identified as being under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is unchecked, and none of the footnotes describe a pre-arranged trading plan governing these derivative exercises or the related tax-withholding share transfers.
What are the vesting terms of Jeremy Allaire’s Circle Internet (CRCL) restricted stock units?
Circle Internet discloses multiple RSU vesting schedules for Jeremy Allaire. One grant vests monthly from July 1, 2025 to January 1, 2027, another through January 1, 2028, and a third vests 25% on January 1, 2026, with the balance in 36 monthly installments, all service-based.
How are Jeremy Allaire’s CRCL trust holdings structured and what ownership does he disclaim?
Certain CRCL holdings are in trusts rather than held directly. Class A shares in several irrevocable non-grantor trusts benefit Allaire’s child, and he disclaims beneficial ownership. An irrevocable grantor trust holds 296,296 Class B shares, where he receives annuity payments but disclaims ownership beyond his pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
