Circle Internet director updates CRCL share holdings
Circle Internet Group, Inc. director Bradley Horowitz reported an update to his ownership of Class A common stock.
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Rhea-AI Filing Summary
Circle Internet Group, Inc. director Bradley Horowitz reported an update to his ownership of Class A common stock. An affiliated fund, Accel XI Strategic Partners L.P., made a pro-rata in-kind distribution of 117 shares to its limited partners, including the Dharma Revocable Living Trust associated with Horowitz, at no additional consideration. Following this, the trust holds 814 shares indirectly. Separately, Horowitz holds 13,049 shares outright and 11,624 shares subject to restricted stock units, for a total direct position of 24,673 shares. He reports these trust-held shares and disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 117 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents a pro-rata in kind distribution of shares of the Issuer's Class A common stock by Accel XI Strategic Partners L.P. to its limited partners, including the Reporting Person's affiliated entity, the Dharma Revocable Living Trust without additional consideration.
- F2. Represents shares of Class A common stock held through a revocable grantor living trust of which the Reporting Person and his spouse are co-trustees and co-beneficiaries. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock except to the extent of his pecuniary interest therein.
- F3. Represents 13,049 shares of Class A common stock held outright by the Reporting Person and 11,624 shares of Class A common stock issuable upon the vesting of restricted stock units.
FAQ
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What insider activity did CRCL director Bradley Horowitz report on this Form 4?
What is the Dharma Revocable Living Trust’s position in CRCL after the reported transaction?
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