Circle Internet (CRCL) trusts pre-plan sale of 3,032 shares while large Class B stake remains
Rhea-AI Filing Summary
Circle Internet Group, Inc. insider filings show that trusts associated with Chairman and CEO Jeremy Allaire reported small open-market sales of Class A common stock on 2026-07-06. The Spruce Trust and Beech Trust together sold 3,032 shares of Class A common stock in multiple transactions at prices between $63.23 and $69.94 per share, under a pre-arranged Rule 10b5-1 trading plan.
Following these sales, each trust still holds 64,766 shares of Class A common stock. Separately, the filing lists significant positions in Class B common stock that are convertible into Class A on a one-for-one basis, including 296,296 underlying shares held indirectly through an irrevocable grantor trust and 15,645,520 underlying shares held directly. The reporting person disclaims beneficial ownership of certain trust-held shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 96 | $63.76 | $6K |
| Sale | Class A Common Stock | 122 | $64.65 | $8K |
| Sale | Class A Common Stock | 381 | $65.89 | $25K |
| Sale | Class A Common Stock | 161 | $66.50 | $11K |
| Sale | Class A Common Stock | 323 | $68.23 | $22K |
| Sale | Class A Common Stock | 382 | $69.11 | $26K |
| Sale | Class A Common Stock | 51 | $69.66 | $4K |
| Sale | Class A Common Stock | 96 | $63.76 | $6K |
| Sale | Class A Common Stock | 122 | $64.65 | $8K |
| Sale | Class A Common Stock | 381 | $65.89 | $25K |
| Sale | Class A Common Stock | 161 | $66.50 | $11K |
| Sale | Class A Common Stock | 323 | $68.23 | $22K |
| Sale | Class A Common Stock | 382 | $69.11 | $26K |
| Sale | Class A Common Stock | 51 | $69.66 | $4K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
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 $63.23 to $64.19, inclusive. The weighted average sale price was $63.76. 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 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. These shares were sold in multiple transactions at prices ranging from $64.24 to $65.23, inclusive. The weighted average sale price was $64.65. 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. These shares were sold in multiple transactions at prices ranging from $65.24 to $66.23, inclusive. The weighted average sale price was $65.89. 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. These shares were sold in multiple transactions at prices ranging from $66.24 to $67.08, inclusive. The weighted average sale price was $66.50. 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. These shares were sold in multiple transactions at prices ranging from $67.50 to $68.49, inclusive. The weighted average sale price was $68.23. 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. These shares were sold in multiple transactions at prices ranging from $68.50 to $69.49, inclusive. The weighted average sale price was $69.11. 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. These shares were sold in multiple transactions at prices ranging from $69.50 to $69.94, inclusive. The weighted average sale price was $69.66. 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. 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 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.