Circle Internet Group (CRCL) CCO sells shares, covers tax with stock
Rhea-AI Filing Summary
Circle Internet Group, Inc. Chief Commercial Officer Hossein Razzaghi reported two transactions in Class A common stock. On August 1, 2026, 1,717 shares at $62.61 were withheld to satisfy his tax withholding obligation upon vesting of restricted stock units. On August 4, 2026, he sold 1,829 shares at $60.08.
The August 4 sale was made pursuant to a Rule 10b5-1 trading plan. After these transactions, he holds 425,000 shares of Class A common stock outright and 234,310 shares issuable upon the vesting of restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,546 shares
Net Sell
2 txns
Insider
Razzaghi Hossein
Role
Chief Commercial Officer
Sold
1,829 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2, F3 | 1,829 | $60.08 | $110K |
| Tax Withholding | Class A Common Stock F1 | 1,717 | $62.61 | $108K |
Holdings After Transaction:
Class A Common Stock — 659,310 shares (Direct)
Footnotes (3)
- 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. The reported sale was made pursuant to a 10b5-1 trading plan.
- F3. Represents 425,000 shares of Class A common stock held outright by the reporting person and 234,310 shares of Class A common stock issuable upon the vesting of restricted stock units.
Key Figures
Shares sold: 1829.0000 shares
Sale price: 60.0800 per share
Shares withheld for taxes: 1717.0000 shares
+3 more
6 metrics
Shares sold
1829.0000 shares
Class A Common Stock sale on August 4, 2026
Sale price
60.0800 per share
Price for 1,829 Class A shares sold on August 4, 2026
Shares withheld for taxes
1717.0000 shares
Class A shares withheld on August 1, 2026 to satisfy tax on RSU vesting
Tax withholding price
62.6100 per share
Value used for 1,717 shares withheld for tax obligations
Shares held outright
425,000 shares
Class A common stock held directly by the reporting person after transactions
RSU-linked shares
234,310 shares
Shares issuable upon vesting of restricted stock units held by the reporting person
Key Terms
Rule 10b5-1 trading plan, restricted stock units, tax withholding obligation
3 terms
Rule 10b5-1 trading plan financial
"The reported sale was made pursuant to a 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions did Circle Internet Group (CRCL) disclose for Hossein Razzaghi?
Circle Internet Group reported that CCO Hossein Razzaghi had 1,717 shares withheld for taxes and separately sold 1,829 shares. The tax withholding related to vesting RSUs, while the sale was an open-market transaction under a Rule 10b5-1 trading plan.
Were the Circle Internet Group (CRCL) insider sales made under a Rule 10b5-1 plan?
Yes. The Form 4 indicates the August 4, 2026 sale of 1,829 shares was made pursuant to a Rule 10b5-1 trading plan. The filing also affirms use of a 10b5-1 plan at the document level, signaling pre-arranged trading instructions.