Jeremy Allaire (CRCL) nets 59,232-share planned stock sale but keeps large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc. Chairman and CEO Jeremy Allaire reported net open-market sales of 59,232 shares of Class A common stock on July 6, 2026, executed at prices generally in the mid‑$60s per share. These sales were made by Allaire directly and through affiliated trusts.
The filing notes that at least a portion of the transactions were carried out under a Rule 10b5-1 trading plan, indicating they were pre‑scheduled. After these trades, the report shows Allaire with large remaining positions, including Class B common stock convertible into Class A and additional Class A shares and restricted stock units.
Positive
- None.
Negative
- None.
Insights
CEO’s 59k-share sales look routine relative to his overall stake.
Jeremy Allaire reported open-market sales totaling 59,232 Class A shares at prices in the mid‑$60s. The transactions include sales by trusts associated with him and direct holdings, and at least some were executed under a pre‑arranged Rule 10b5-1 trading plan, suggesting scheduled diversification rather than opportunistic timing.
The same report shows substantial remaining exposure: Class B shares convertible into 296,296 Class A shares via an irrevocable grantor trust and 15,645,520 Class B shares held directly, plus Class A shares and restricted stock units. Given the scale of these residual positions, the disclosed sales appear modest and do not, by themselves, signal a major change in his economic alignment with other shareholders.
Insider Trade Summary 10b5-1
Net Seller: 59,232 shares ($3,977,895)
Net Sell
23 txns
Insider
Allaire Jeremy
Role
Chairman and CEO
Sold
59,232 shs ($3.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,542 | $63.76 | $226K |
| Sale | Class A Common Stock | 4,523 | $64.65 | $292K |
| Sale | Class A Common Stock | 14,138 | $65.89 | $932K |
| Sale | Class A Common Stock | 5,960 | $66.50 | $396K |
| Sale | Class A Common Stock | 11,978 | $68.23 | $817K |
| Sale | Class A Common Stock | 14,175 | $69.11 | $980K |
| Sale | Class A Common Stock | 1,884 | $69.66 | $131K |
| Sale | Class A Common Stock | 96 | $63.76 | $6K |
| Sale | Class A Common Stock | 122 | $64.65 | $8K |
| Sale | Class A Common Stock | 381 | $65.89 | $25K |
| Sale | Class A Common Stock | 161 | $66.50 | $11K |
| Sale | Class A Common Stock | 323 | $68.23 | $22K |
| Sale | Class A Common Stock | 382 | $69.11 | $26K |
| Sale | Class A Common Stock | 51 | $69.66 | $4K |
| Sale | Class A Common Stock | 96 | $63.76 | $6K |
| Sale | Class A Common Stock | 122 | $64.65 | $8K |
| Sale | Class A Common Stock | 381 | $65.89 | $25K |
| Sale | Class A Common Stock | 161 | $66.50 | $11K |
| Sale | Class A Common Stock | 323 | $68.23 | $22K |
| Sale | Class A Common Stock | 382 | $69.11 | $26K |
| Sale | Class A Common Stock | 51 | $69.66 | $4K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 507,037 shares (Direct, null);
Class A Common Stock — 64,770 shares (Indirect, By Oak Trust);
Class B Common Stock — 15,645,520 shares (Direct, null);
Class B Common Stock — 296,296 shares (Indirect, By Allaire 2025 Qualified Annuity Trust)
Footnotes (1)
- The reported sale was made pursuant to a 10b5-1 trading plan. These shares were sold in multiple transactions at prices ranging from $63.23 to $64.19, inclusive. The weighted average sale price was $63.76. 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 $64.24 to $65.23, inclusive. The weighted average sale price was $64.65. 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 $65.24 to $66.23, inclusive. The weighted average sale price was $65.89. 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 $66.24 to $67.08, inclusive. The weighted average sale price was $66.50. 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 $67.50 to $68.49, inclusive. The weighted average sale price was $68.23. 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 $68.50 to $69.49, inclusive. The weighted average sale price was $69.11. 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 $69.50 to $69.94, inclusive. The weighted average sale price was $69.66. 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 231,448 shares of Class A common stock held outright by the reporting person and 222,931 shares of Class A common stock issuable upon the vesting of restricted stock units. Represents shares of Class A common stock held through an irrevocable non-grantor trust, of which the Reporting Person's legal counsel is the sole trustee and the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock. 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. 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 beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Allaire 2025 GRAT Remainder Trust, of which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of the shares of Class B common stock except to the extent of his pecuniary interest therein.
Key Figures
Shares sold: 59,232 shares
Sale price range: $63.23–$69.94/share
Direct Class B holdings: 15,645,520 shares
+3 more
6 metrics
Shares sold
59,232 shares
Total Class A shares sold on July 6, 2026
Sale price range
$63.23–$69.94/share
Range across multiple sale transactions
Direct Class B holdings
15,645,520 shares
Class B common stock held directly after transactions
Grantor trust Class B underlying
296,296 shares
Class A underlying Class B in irrevocable grantor trust
Direct Class A shares
231,448 shares
Class A common stock held outright by reporting person
Unvested RSUs
222,931 shares
Class A shares issuable upon vesting of restricted stock units
Key Terms
Rule 10b5-1 trading plan, irrevocable non-grantor trust, irrevocable grantor trust, restricted stock units, +1 more
5 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.
irrevocable non-grantor trust financial
"Represents shares of Class A common stock held through an irrevocable non-grantor trust..."
irrevocable grantor trust financial
"Represents shares of Class B common stock held through an irrevocable grantor trust..."
restricted stock units financial
"222,931 shares of Class A common stock issuable 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.
Class B common stock financial
"Each share of Class B common stock is convertible into Class A common stock on a one-for-one basis..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
Were Jeremy Allaire’s CRCL stock sales made under a Rule 10b5-1 plan?
Yes. A footnote explains that the reported sale was made pursuant to a Rule 10b5-1 trading plan. Such plans are pre‑arranged programs that automatically execute trades, which can indicate the timing was set in advance rather than decided on the trade date.