Circle (CRCL) CAO logs stock sale and RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group’s Chief Accounting Officer Tamara L. Schulz reported two Class A share transactions. She sold 1,194 shares at $101.82 per share in an open-market trade executed under a Rule 10b5-1 trading plan, and 1,539 shares were withheld to cover taxes upon the vesting of restricted stock units. After these events, she continues to hold 18,359 shares of Class A common stock, along with 69,737 shares issuable upon RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,194 shares ($121,573)
Net Sell
2 txns
Insider
Schulz Tamara L
Role
Chief Accounting Officer
Sold
1,194 shs ($122K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,539 | $113.00 | $174K |
| Sale | Class A Common Stock | 1,194 | $101.82 | $122K |
Holdings After Transaction:
Class A Common Stock — 89,290 shares (Direct, null)
Footnotes (1)
- 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. The reported sale was made pursuant to a 10b5-1 trading plan. Represents 18,359 shares of Class A common stock held outright by the reporting person and 69,737 shares of Class A common stock issuable upon the vesting of restricted stock units.
Key Figures
Open-market sale: 1,194 shares
Sale price: $101.82 per share
Tax withholding shares: 1,539 shares
+3 more
6 metrics
Open-market sale
1,194 shares
Class A Common Stock sold on 2026-06-01
Sale price
$101.82 per share
Price for 1,194 sold Class A shares
Tax withholding shares
1,539 shares
Shares withheld to satisfy RSU tax obligation
Tax withholding price
$113.00 per share
Value used for withheld shares on RSU vesting
Shares held outright
18,359 shares
Class A shares held directly after reported transactions
RSUs outstanding
69,737 shares
Shares issuable upon vesting of restricted stock units
Key Terms
Rule 10b5-1 trading plan, restricted stock units, tax withholding obligation, open-market sale
4 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"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did Circle (CRCL) report for Tamara L. Schulz?
Circle reported that Chief Accounting Officer Tamara L. Schulz sold 1,194 Class A shares and had 1,539 shares withheld for taxes. The tax withholding was tied to restricted stock unit vesting, while the sale was an open-market trade under a Rule 10b5-1 plan.
Was the Circle (CRCL) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the 1,194-share sale by Tamara L. Schulz was made under a Rule 10b5-1 trading plan. Such plans pre-schedule trades, indicating the timing of this sale was set in advance rather than based on short-term market developments.