Circle CFO sells 23K shares after option exercise
Rhea-AI Filing Summary
Circle Internet Group, Inc. (CRCL) reports that Chief Financial Officer Jeremy Fox-Geen exercised stock options for 15,000 shares of Class A common stock at $10.11 per share on September 1, 2026, then sold 15,000 shares that day at $92.20 per share and an additional 8,120 shares on September 2, 2026 at $87.87 per share under a Rule 10b5-1 trading plan.
On September 1, 2026, 7,426 shares were withheld at $95.55 per share to satisfy tax obligations upon restricted stock unit vesting. After these transactions, he holds 39,564 shares of Class A common stock, 268,727 restricted stock units, and options covering 1,085,606 shares of Class A common stock.
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Fox-Geen Jeremy
Role
Chief Financial Officer
Sold
23,120 shs ($2.10M)
Approx. gross sale proceeds
$2.10M
Approx. exercise cost
$152K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F3 | 8,120 | $87.87 | $714K |
| Exercise | Stock Option (Right to Buy) F4 | 15,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 15,000 | $10.11 | $152K |
| Sale | Class A Common Stock F1 | 15,000 | $92.20 | $1.38M |
| Tax Withholding | Class A Common Stock F2 | 7,426 | $95.55 | $710K |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,085,606 contracts (Direct);
Class A Common Stock — 308,291 shares (Direct)
Footnotes (4)
- F1. The reported sale was made pursuant to a 10b5-1 trading plan.
- F2. 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.
- F3. Represents 39,564 shares of Class A common stock held outright by the reporting person and 268,727 shares of Class A common stock issuable upon the vesting of restricted stock units.
- F4. 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.
Key Figures
Shares sold September 1, 2026: 15,000 shares
Sale price September 1, 2026: $92.20 per share
Shares sold September 2, 2026: 8,120 shares
+5 more
8 metrics
Shares sold September 1, 2026
15,000 shares
Class A common stock sold by the CFO on September 1, 2026
Sale price September 1, 2026
$92.20 per share
Price for 15,000 shares of Class A common stock sold
Shares sold September 2, 2026
8,120 shares
Class A common stock sold by the CFO on September 2, 2026
Sale price September 2, 2026
$87.87 per share
Price for 8,120 shares of Class A common stock sold
Options exercised
15,000 shares at $10.11 per share
Stock options for Class A common stock exercised on September 1, 2026
Shares withheld for taxes
7,426 shares at $95.55 per share
Shares of Class A common stock withheld to satisfy tax obligations
Shares held outright after transactions
39,564 shares
Class A common stock owned by the CFO after the reported transactions
Restricted stock units outstanding
268,727 units
Restricted stock units for Class A common stock held by the CFO after transactions
Key Terms
Rule 10b5-1 trading plan, restricted stock units, vesting commencement date, continued service relationship
4 terms
Rule 10b5-1 trading plan regulatory
"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.
restricted stock units financial
"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.
vesting commencement date financial
"following the vesting commencement date and the remaining portion"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
continued service relationship financial
"subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc."
FAQ
What insider transactions did CRCL’s CFO Jeremy Fox-Geen report?
He reported exercising options for 15,000 shares of Class A common stock at $10.11 per share on September 1, 2026, then selling 15,000 shares that day at $92.20 and 8,120 shares on September 2, 2026 at $87.87 per share.
Were the CRCL insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states that the reported sales of Class A common stock were made pursuant to a Rule 10b5-1 trading plan, and the company’s Rule 10b5-1 checkbox is affirmed for these transactions.
What CRCL equity holdings does the CFO report after these transactions?
After the reported transactions, Jeremy Fox-Geen beneficially owns 39,564 shares of Class A common stock held outright and 268,727 restricted stock units, and holds stock options covering 1,085,606 shares of Class A common stock.
At what price were the CRCL stock options exercised by the CFO?
The stock options exercised on September 1, 2026 covered 15,000 shares of Class A common stock at an exercise price of $10.11 per share, with those shares then sold at $92.20 per share on the same date.
AI-generated analysis. How Rhea-AI works. Not financial advice.