Circle product chief has 7.6K shares withheld
Circle’s Chief Product & Tech. Officer reported shares withheld for RSU tax obligations, with over 710,000 shares remaining in his position.
Rhea-AI Filing Summary
Circle Internet Group, Inc. (CRCL) reported that Chief Product & Tech. Officer Nikhil Chandhok had 7,603 shares of Class A common stock withheld on September 1, 2026 at $95.55 per share to satisfy his tax withholding obligation upon vesting of restricted stock units. Following this tax-withholding disposition, he holds 710,317 shares in total, consisting of 444,119 shares held outright and 266,198 shares issuable upon vesting of restricted stock units.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Tax Withholding: 7,603 shares
Tax Withholding
1 txn
Insider
Chandhok Nikhil
Role
Chief Product & Tech. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 7,603 | $95.55 | $726K |
Holdings After Transaction:
Class A Common Stock — 710,317 shares (Direct)
Footnotes (2)
- F1. The shares of Class A common stock were withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- F2. Represents 444,119 shares of Class A common stock held outright by the reporting person and 266,198 shares of Class A common stock issuable upon the vesting of restricted stock units.
Key Figures
Shares withheld for tax: 7,603 shares
Withholding price per share: $95.55 per share
Total holdings after transaction: 710,317 shares
+2 more
5 metrics
Shares withheld for tax
7,603 shares
Class A common stock withheld on September 1, 2026 for tax withholding obligation
Withholding price per share
$95.55 per share
Value used for the 7,603 shares withheld for tax withholding
Total holdings after transaction
710,317 shares
Total CRCL shares reported as held by Nikhil Chandhok following the transaction
Shares held outright
444,119 shares
Class A common stock held outright by Nikhil Chandhok after the transaction
RSU-based shares
266,198 shares
Class A common stock issuable upon vesting of restricted stock units held by Nikhil Chandhok
Key Terms
restricted stock units, tax withholding obligation, Class A common stock
3 terms
restricted stock units financial
"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.
tax withholding obligation financial
"were withheld to satisfy the Reporting Person's tax withholding obligation"
Class A common stock financial
"The shares of Class A common stock were withheld"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did CRCL report for Nikhil Chandhok on September 1, 2026?
CRCL reported that Chief Product & Tech. Officer Nikhil Chandhok had 7,603 shares of Class A common stock withheld on September 1, 2026 at $95.55 per share to cover his tax withholding obligation upon vesting of restricted stock units.
Was the CRCL Form 4 transaction by Nikhil Chandhok an open-market sale?
No. The Form 4 describes a tax-withholding disposition: 7,603 shares of Class A common stock were withheld to satisfy Nikhil Chandhok’s tax withholding obligation upon the vesting of restricted stock units, rather than an open-market sale.
Did CRCL indicate a Rule 10b5-1 trading plan for this Form 4 transaction?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, so no Rule 10b5-1 trading plan is reported in connection with this tax-withholding transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.