Circle Internet Group (CRCL) CTO has 3,815 shares withheld to cover taxes
Rhea-AI Filing Summary
Circle Internet Group, Inc. reports that Chief Product & Tech. Officer Nikhil Chandhok had 3,815 shares of Class A common stock withheld on August 1, 2026 to satisfy tax withholding on vested restricted stock units at $62.61 per share. Following this tax-withholding disposition, he directly holds 721,253 shares, including 440,141 shares held outright and 281,112 shares subject to outstanding restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,815 shares
Net Sell
1 txn
Insider
Chandhok Nikhil
Role
Chief Product & Tech. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 3,815 | $62.61 | $239K |
Holdings After Transaction:
Class A Common Stock — 721,253 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Represents 440,141 shares of Class A common stock held outright by the Reporting Person and 281,112 shares of Class A common stock subject to outstanding restricted stock units.
Key Figures
Shares withheld for taxes: 3,815 shares
Withholding price per share: $62.61 per share
Shares held after transaction: 721,253 shares
+2 more
5 metrics
Shares withheld for taxes
3,815 shares
Class A common stock withheld on August 1, 2026 for tax withholding on RSU vesting
Withholding price per share
$62.61 per share
Value used for the tax-withholding disposition of 3,815 shares
Shares held after transaction
721,253 shares
Total Class A common stock directly held by Nikhil Chandhok following the withholding
Outright shares held
440,141 shares
Portion of post-transaction holdings held outright by the reporting person
Shares subject to RSUs
281,112 shares
Portion of post-transaction holdings subject to outstanding 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Circle Internet Group (CRCL) report for Nikhil Chandhok?
Circle Internet Group reported that Chief Product & Tech. Officer Nikhil Chandhok had 3,815 shares of Class A common stock withheld to cover tax obligations upon RSU vesting, rather than executing an open-market sale, on August 1, 2026.
Was the Circle Internet Group (CRCL) transaction an open-market sale by Nikhil Chandhok?
No, the transaction was not an open-market sale. 3,815 shares were withheld by the issuer to satisfy Chandhok’s tax withholding obligation when his restricted stock units vested, as described in the footnotes.
What type of Form 4 transaction code was used in the CRCL filing for Chandhok?
The filing used transaction code F, described as “Payment of tax liability by delivering or withholding securities,” indicating that shares were withheld to satisfy tax obligations upon the vesting of restricted stock units.