Circle Internet Group (CRCL) CFO has 7,425 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc. Chief Financial Officer Jeremy Fox-Geen reported an automatic tax-related share disposition. On the vesting of restricted stock units, 7,425 shares of Class A common stock were withheld at $113.00 per share to cover his tax withholding obligation, rather than sold on the open market.
After this tax withholding event, he holds 348,186 shares of Class A common stock. This includes 47,684 shares held outright and 300,502 shares issuable upon the vesting of restricted stock units, showing that the transaction reflects routine equity compensation and associated taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fox-Geen Jeremy
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,425 | $113.00 | $839K |
Holdings After Transaction:
Class A Common Stock — 348,186 shares (Direct, null)
Footnotes (1)
- 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. Represents 47,684 shares of Class A common stock held outright by the reporting person and 300,502 shares of Class A common stock issuable upon the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 7,425 shares
Tax withholding price: $113.00 per share
Shares after transaction: 348,186 shares
+2 more
5 metrics
Shares withheld for taxes
7,425 shares
Class A Common Stock withheld for tax obligation on RSU vesting
Tax withholding price
$113.00 per share
Price applied to withheld Class A Common Stock shares
Shares after transaction
348,186 shares
Total Class A Common Stock held after tax-withholding disposition
Shares held outright
47,684 shares
Class A Common Stock held directly by CFO as referenced in footnote
RSUs outstanding
300,502 shares
Class A Common Stock issuable upon vesting of restricted stock units
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 Circle Internet Group (CRCL) disclose for its CFO?
Circle Internet Group reported that CFO Jeremy Fox-Geen had 7,425 Class A common shares withheld to cover taxes on vesting restricted stock units. This was a tax-withholding disposition, not an open-market share sale, and is tied to his equity compensation.
Was the Circle Internet Group (CRCL) CFO’s Form 4 transaction an open-market sale?
No. The Form 4 states that 7,425 Class A common shares were withheld to satisfy Jeremy Fox-Geen’s tax withholding obligation when restricted stock units vested. This is recorded as a tax-withholding disposition, not a discretionary open-market share sale.
What equity compensation details are disclosed for the Circle Internet Group (CRCL) CFO?
Footnotes show Jeremy Fox-Geen has 300,502 Class A common shares issuable upon vesting of restricted stock units, in addition to 47,684 shares held outright. The reported 7,425-share disposition strictly relates to tax withholding on a vesting event for these units.