Circle Internet (CRCL) president reports RSU tax withholding, retains 576,168 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc. President Heath Tarbert reported a routine tax-related share disposition. On the vesting of restricted stock units, 7,988 shares of Class A common stock were withheld at $95.41 per share to satisfy his tax withholding obligation, rather than being sold in the open market.
After this withholding, he holds 576,168 Class A shares in total, including 86,607 shares held outright and 489,561 shares subject to outstanding restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tarbert Heath
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,988 | $95.41 | $762K |
Holdings After Transaction:
Class A Common Stock — 576,168 shares (Direct)
Footnotes (1)
- 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. Represents 86,607 shares of Class A common stock held outright by the reporting person and 489,561 shares of Class A common stock subject to outstanding restricted stock units.
Key Figures
Shares withheld for taxes: 7,988 shares
Withholding share value: $95.41 per share
Total shares after transaction: 576,168 shares
+2 more
5 metrics
Shares withheld for taxes
7,988 shares
Withheld upon RSU vesting to satisfy tax obligation
Withholding share value
$95.41 per share
Value used for tax-withholding disposition
Total shares after transaction
576,168 shares
Class A common stock held following withholding
Outright shares held
86,607 shares
Class A common stock held outright by reporting person
Shares in outstanding RSUs
489,561 shares
Class A common stock underlying outstanding restricted stock units
Key Terms
restricted stock units, tax withholding obligation, Class A common stock
3 terms
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.
tax withholding obligation financial
"withheld to satisfy the Reporting Person's tax withholding obligation"
Class A common stock financial
"The shares of Class A common stock were withheld"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did CRCL President Heath Tarbert report?
Heath Tarbert reported a tax-related share disposition, where 7,988 Class A shares were withheld to cover tax obligations on vesting RSUs. This was not an open-market sale, but a standard mechanism to satisfy withholding taxes.
What security was involved in the Circle Internet Group Form 4 filing?
The filing involved Class A common stock of Circle Internet Group, Inc. Shares were withheld upon vesting of restricted stock units, with 7,988 shares applied to cover tax obligations at a recorded value of $95.41 per share.