Circle Internet Group (CRCL) president sells 122K shares and receives RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc.’s president Heath Tarbert reported multiple share transactions in Class A common stock on March 2, 2026. He sold a total of 122,007 shares in open-market trades under a Rule 10b5-1 trading plan at weighted average prices generally in the low-to-mid $90s per share. He also received a grant of 118,896 restricted stock units that vest quarterly over four years, and exercised options for 75,108 shares. To cover tax obligations on vesting, 7,989 shares were withheld. After these moves, he continued to hold a substantial direct stake, including both shares and unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 122,007 shares ($11,496,556)
Net Sell
10 txns
Insider
Tarbert Heath
Role
President
Sold
122,007 shs ($11.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 75,108 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 118,896 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 7,989 | $83.44 | $667K |
| Exercise | Class A Common Stock | 75,108 | $25.09 | $1.88M |
| Sale | Class A Common Stock | 9,262 | $90.24 | $836K |
| Sale | Class A Common Stock | 4,088 | $91.82 | $375K |
| Sale | Class A Common Stock | 20,382 | $92.77 | $1.89M |
| Sale | Class A Common Stock | 24,573 | $93.83 | $2.31M |
| Sale | Class A Common Stock | 34,863 | $95.14 | $3.32M |
| Sale | Class A Common Stock | 28,839 | $96.12 | $2.77M |
Holdings After Transaction:
Stock Option (Right to Buy) — 850,905 shares (Direct);
Class A Common Stock — 654,044 shares (Direct)
Footnotes (1)
- The restricted stock units were granted on March 2, 2026, and vest over four years in substantially equal quarterly installments, in each case, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. 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. These shares were sold in multiple transactions at prices ranging from $90.11 to $91.08, inclusive. The weighted average sale price was $90.24. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. These shares were sold in multiple transactions at prices ranging from $91.29 to $92.16, inclusive. The weighted average sale price was $91.82. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. These shares were sold in multiple transactions at prices ranging from $92.50 to $93.09, inclusive. The weighted average sale price was $92.77. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. These shares were sold in multiple transactions at prices ranging from $93.63 to $94.01, inclusive. The weighted average sale price was $93.83. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. These shares were sold in multiple transactions at prices ranging from $94.67 to $95.33, inclusive. The weighted average sale price was $95.14. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. These shares were sold in multiple transactions at prices ranging from $95.68 to $96.59, inclusive. The weighted average sale price was $96.12. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. Represents 92,102 shares of Class A common stock held outright by the Reporting Person and 507,054 shares of Class A common stock issuable upon the vesting of restricted stock units. 1/4 of the shares of Class A Common stock subject to the option award vested upon the one-year anniversary following the vesting commencement date and the remaining portion vest in 36 successive equal monthly installments thereafter, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
FAQ
What insider transactions did CRCL president Heath Tarbert report?
Heath Tarbert reported several Class A common stock transactions on March 2, 2026. He sold 122,007 shares in open-market trades under a Rule 10b5-1 plan, exercised stock options for 75,108 shares, and received a 118,896-share restricted stock unit grant.
Were the CRCL insider stock sales made under a 10b5-1 trading plan?
Yes, the reported sales were executed pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to pre-schedule trades, helping separate personal trading decisions from later market-sensitive information and providing a structured framework for selling shares over time.
What new equity awards did the CRCL president receive in this filing?
Heath Tarbert received a grant of 118,896 restricted stock units of Class A common stock. According to the disclosure, these RSUs vest in substantially equal quarterly installments over four years, conditioned on his continued service with Circle Internet Group through each vesting date.
How were taxes handled on the CRCL restricted stock vesting event?
To satisfy tax withholding obligations when restricted stock units vested, 7,989 shares of Class A common stock were withheld. This tax-withholding disposition is reflected as a Form 4 transaction and reduces the number of shares delivered directly to the reporting person.
Did the CRCL president exercise any stock options in this Form 4?
Yes, a stock option for 75,108 shares was exercised, resulting in the acquisition of Class A common stock. The option vests over time, with an initial portion after one year and the remainder in 36 equal monthly installments, contingent on continued service.