Circle Internet CTO shares withheld for taxes
Circle Internet Group Chief Product & Tech.
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Rhea-AI Filing Summary
Circle Internet Group Chief Product & Tech. Officer Nikhil Chandhok had shares withheld to cover taxes on equity compensation. On this Form 4, 3,815 shares of Class A common stock were disposed of at $62.63 per share to satisfy a tax withholding obligation when restricted stock units vested. This was not an open-market trade but a tax-related share withholding by the issuer.
After this transaction, Chandhok directly holds 728,401 Class A shares in total. This includes 439,808 shares held outright and 288,593 shares subject to outstanding restricted stock units, indicating the transaction is small relative to his overall equity position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 3,815 | $62.63 | $239K |
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 439,808 shares of Class A common stock held outright by the Reporting Person and 288,593 shares of Class A common stock subject to outstanding restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
Class A common stock financial
Form 4 regulatory
FAQ
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What insider transaction did CRCL Chief Product & Tech. Officer report?
Does this CRCL Form 4 show an open-market sale by the officer?
What does the CRCL Form 4 say about restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.