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
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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.
How many Circle Internet Group (CRCL) Class A shares did Patrick Neville sell and at what price?
In total, 35,000 shares of Class A common stock were sold on December 12, 2025, consisting of 30,000 shares held directly and 5,000 shares held through a trust, all at a sale price of $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.
What are Patrick Nevilles remaining Circle Internet Group (CRCL) share holdings after these transactions?
After the reported 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.
How are Circle Internet Group (CRCL) Class B and Class A common stock related?
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 holder, and generally converts automatically into Class A on transfer, subject to certain permitted transfers. Class B shares do not expire.
Were the Circle Internet Group (CRCL) share sales made under a Rule 10b5-1 trading plan?
Yes. The explanations state that on December 12, 2025, both the 30,000-share and 5,000-share conversions and sales were undertaken to facilitate a sale pursuant to a 10b5-1 trading plan.