Jeremy Allaire of Circle (CRCL) logs 15,625-share 10b5-1 stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc. Chairman and CEO Jeremy Allaire reported open-market sales of 15,625 shares of Class A Common Stock on February 26, 2026 at a weighted average price of $90.04 per share, made under a Rule 10b5-1 trading plan.
The transactions included shares held directly and shares held through irrevocable trusts, for which Allaire disclaims beneficial ownership consistent with the trust arrangements. Following these sales, reported holdings include 56,408 Class A shares directly, plus substantial Class B holdings that are convertible into Class A on a one-for-one basis and do not expire.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,625 shares ($1,406,875)
Net Sell
7 txns
Insider
Allaire Jeremy
Role
Chairman and CEO
Sold
15,625 shs ($1.41M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 14,109 | $90.04 | $1.27M |
| Sale | Class A Common Stock | 379 | $90.04 | $34K |
| Sale | Class A Common Stock | 379 | $90.04 | $34K |
| Sale | Class A Common Stock | 379 | $90.04 | $34K |
| Sale | Class A Common Stock | 379 | $90.04 | $34K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 56,408 shares (Direct);
Class A Common Stock — 66,382 shares (Indirect, By Oak Trust);
Class B Common Stock — 15,852,979 shares (Direct);
Class B Common Stock — 335,684 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 $90.00 to $90.05, inclusive. The weighted average sale price was $90.04. 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 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
FAQ
What insider transaction did CRCL Chairman and CEO Jeremy Allaire report?
Jeremy Allaire reported selling 15,625 shares of Circle Internet Group Class A Common Stock. The sales occurred on February 26, 2026, as open-market transactions at a weighted average price of $90.04 per share, according to the reported Form 4 data and accompanying footnotes.
What does the CRCL Form 4 disclose about Jeremy Allaire’s Class B Common Stock?
The Form 4 reports Allaire’s holdings of Class B Common Stock directly and through a grantor trust. Each Class B share is convertible into Class A on a one-for-one basis, and the filing states these Class B shares do not expire, highlighting their ongoing potential convertibility.