Circle CFO sells Class A shares after option exercise
Circle Internet Group, Inc. Chief Financial Officer Jeremy Fox-Geen reported an option exercise, related tax withholding, and open‑market sales of Class A common stock.
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Rhea-AI Filing Summary
Circle Internet Group, Inc. Chief Financial Officer Jeremy Fox-Geen reported an option exercise, related tax withholding, and open‑market sales of Class A common stock. On May 1, he exercised stock options for 7,200 shares at $10.11 per share and sold the same 7,200 shares at $92.64 per share, while 3,877 shares were withheld to cover tax obligations upon restricted stock unit vesting. On May 4, he sold an additional 4,238 shares at $107.10 per share. A footnote states that one reported sale was made pursuant to a Rule 10b5-1 trading plan. Following these transactions, his reported position consists of 39,564 shares held outright and 316,047 shares underlying restricted stock units.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,238 | $107.10 | $454K |
| Exercise | Stock Option (Right to Buy) | 7,200 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 7,200 | $10.11 | $73K |
| Sale | Class A Common Stock | 7,200 | $92.64 | $667K |
| Exercise Price or Tax Liability | Class A Common Stock | 3,877 | $90.88 | $352K |
Footnotes (4)
- F1. The reported sale was made pursuant to a 10b5-1 trading plan.
- F2. 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.
- F3. Represents 39,564 shares of Class A common stock held outright by the reporting person and 316,047 shares of Class A common stock issuable upon the vesting of restricted stock units.
- F4. 1/4 of the shares of Class A Common stock subject to the option award vested upon the one-year anniversary following the vesting commencement date and the remaining portion vest in 36 successive 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan financial
restricted stock units financial
tax withholding obligation financial
Stock Option (Right to Buy) financial
derivative exercise/conversion financial
FAQ
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What insider transactions did Circle Internet Group (CRCL) disclose?
What stock options did the Circle (CRCL) CFO exercise in this filing?
Did the Circle (CRCL) CFO use a Rule 10b5-1 trading plan?
What is the Circle Internet Group (CRCL) CFO’s position after these trades?
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