Circle Internet Group (CRCL) director reports 35,000-share 10b5-1 sale
Rhea-AI Filing Summary
Circle Internet Group director Patrick Sean Neville reported several insider transactions dated December 12, 2025. He exercised stock options with an exercise price of $0.08 per share for 30,000 shares of Class B common stock, then converted those shares into Class A common stock and sold 30,000 Class A shares at $90 each under a Rule 10b5-1 trading plan.
On the same date, an irrevocable grantor trust for his benefit converted and sold an additional 5,000 Class B/Class A shares at $90 per share under the same type of plan. After these transactions, he directly held 2,329,296 shares of Class B common stock, with indirect holdings of 162,842 Class B shares through the Neville 2025 Qualified Annuity Trust and 33,568 Class A shares through the Calico Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 30,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 30,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 5,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 30,000 | $0.00 | -- |
| Sale | Class A Common Stock | 30,000 | $90.00 | $2.70M |
| Conversion | Class A Common Stock | 5,000 | $0.00 | -- |
| Sale | Class A Common Stock | 5,000 | $90.00 | $450K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Each share of Class B common stock is convertible into Class A common stock on a one-for-one basis at the option of the Reporting Person. In addition, each share of Class B common stock will convert automatically into Class A common stock on a one-for-one basis upon any transfer of such share, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. Shares of Class B common stock do not expire. On December 12, 2025, the Reporting Person converted 30,000 shares of Class B common stock into Class A common stock to facilitate a sale pursuant to a 10b5-1 trading plan. Represents shares of Class B common stock held through an irrevocable grantor trust, of which the Reporting Person is the sole trustee and the Reporting Person is a beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Calico Trust, of which the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class B common stock except to the extent of his pecuniary interest therein. On December 12, 2025, the Reporting Person converted 5,000 shares of Class B common stock into Class A common stock to facilitate a sale pursuant to a 10b5-1 trading plan. Represents shares of Class A common stock held through an irrevocable grantor trust, of which the Reporting Person's wife, daughter and brother-in-law are trustees and the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock. The options are fully vested.
FAQ
What insider transactions did Circle Internet Group (CRCL) director Patrick Sean Neville report?
Patrick Sean Neville reported exercising stock options for 30,000 shares of Class B common stock at $0.08 per share, converting those shares into Class A stock, and selling 30,000 Class A shares at $90 each. A related trust also converted and sold 5,000 shares at $90 per share.
What stock options did Patrick Neville exercise in this Circle Internet Group (CRCL) report?
He exercised a stock option covering 30,000 shares of Class B common stock at a conversion or exercise price of $0.08 per share, which then supported the conversion into Class A shares for sale.