Bradley Horowitz updates Circle Internet (CRCL) direct and trust holdings

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Horowitz Bradley

(Last) (First) (Middle)

C/O CIRCLE INTERNET GROUP, INC.

ONE WORLD TRADE CENTER, 87TH FLOOR

(Street)

NEW YORK NY 10007

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Circle Internet Group, Inc. [ CRCL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/25/2026		J(1)		117	A	(1)	814	I	By Dharma Revocable Living Trust(2)
Class A Common Stock								24,673(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. 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.

3. 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.

Remarks:

	Sarah K. Wilson, as Attorney-in-Fact for Bradley Horowitz	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider activity did CRCL director Bradley Horowitz report on this Form 4?

Bradley Horowitz reported an ownership update in Circle Internet Group Class A shares. A fund distributed 117 shares in kind to limited partners, including his affiliated Dharma Revocable Living Trust, and he disclosed his resulting indirect and direct holdings in detail.

How many Circle Internet Group (CRCL) shares does Bradley Horowitz now hold directly?

Bradley Horowitz reports direct ownership of 24,673 Class A shares. This consists of 13,049 shares held outright and 11,624 additional shares issuable upon vesting of restricted stock units, as described in the footnotes to the Form 4 filing.

What is the Dharma Revocable Living Trust’s position in CRCL after the reported transaction?

The Dharma Revocable Living Trust holds 814 Circle Internet Group Class A shares indirectly. These shares came through a pro-rata in-kind distribution from Accel XI Strategic Partners L.P. to its limited partners, including the trust associated with Bradley Horowitz.

Was the CRCL Form 4 transaction a purchase or sale of shares?

The Form 4 describes an "other" type transaction, not a standard market buy or sell. It reflects a pro-rata in-kind distribution of 117 shares from an investment fund to its limited partners, including an affiliated trust, with no additional consideration paid.

Does Bradley Horowitz fully own all CRCL shares reported in the trust?

The filing states Horowitz disclaims beneficial ownership of trust-held shares except for his pecuniary interest. The Dharma Revocable Living Trust is a revocable grantor trust where he and his spouse serve as co-trustees and co-beneficiaries, so ownership is reported with that limitation.