Circle Internet Group CEO has 8,404 shares withheld for tax
The CEO's 6,741-unit RSU schedule runs through January 1, 2028, subject to continued service through each applicable vesting date.
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Rhea-AI Filing Summary
Circle Internet Group, Inc. (CRCL) Chairman and CEO Jeremy Allaire reported restricted-stock-unit transactions of 2,435, 6,741 and 6,017 units on November 1, 2026; each unit represents a contingent right to one Class B share. He also acquired 15,194 Class B shares through an exercise or conversion and had 8,404 Class B shares withheld for RSU tax obligations at a reported $72.54 per share. His direct Class A position was 277,560 shares, including 208,069 issuable upon vesting; reported trust holdings included 296,296 Class B shares and Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 2,435 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 6,741 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6 | 6,017 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F7 | 15,194 | $0.00 | $0.00 |
| Tax Withholding | Class B Common Stock F7, F8 | 8,404 | $72.54 | $610K |
| Holding | Class B Common Stock F9 | -- | -- | -- |
| 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 | -- | -- | -- |
Footnotes (9)
- F1. Represents 69,491 shares of Class A common stock held outright by the reporting person and 208,069 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. The shares of Class B common stock were withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- F9. 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
Key Terms
Restricted Stock Unit financial
irrevocable non-grantor trust financial
irrevocable grantor trust financial
pecuniary interest financial
tax withholding obligation financial
FAQ
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What CRCL transactions did Jeremy Allaire report?
What vesting schedules apply to Jeremy Allaire's CRCL restricted stock units?
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