Bradley Horowitz updates Circle Internet (CRCL) direct and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Horowitz Bradley
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 117 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 814 shares (Indirect, By Dharma Revocable Living Trust);
Class A Common Stock — 24,673 shares (Direct)
Footnotes (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. 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. 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
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.
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.