Circle Internet (CRCL) CFO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc. Chief Financial Officer Jeremy Fox-Geen reported a routine tax-related share disposition. A total of 3,877 shares of Class A common stock, valued at $62.63 per share, were withheld by the company to cover his tax obligation when restricted stock units vested.
After this withholding, Fox-Geen holds 336,189 shares of Class A common stock in total, including 43,802 shares held outright and 292,387 shares issuable upon the vesting of restricted stock units. This event reflects compensation-related tax withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fox-Geen Jeremy
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,877 | $62.63 | $243K |
Holdings After Transaction:
Class A Common Stock — 336,189 shares (Direct, null)
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 43,802 shares of Class A common stock held outright by the reporting person and 292,387 shares of Class A common stock issuable upon the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 3,877 shares
Withholding price per share: $62.63 per share
Total shares after transaction: 336,189 shares
+2 more
5 metrics
Shares withheld for taxes
3,877 shares
Class A common stock withheld for tax obligation on RSU vesting
Withholding price per share
$62.63 per share
Value used for 3,877 withheld Class A shares
Total shares after transaction
336,189 shares
CFO’s Class A common stock holdings following tax withholding
Outright shares held
43,802 shares
Class A common stock held outright by the CFO
RSU-based shares
292,387 shares
Class A shares issuable upon vesting of 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 Circle Internet (CRCL) report for its CFO?
Circle Internet’s CFO Jeremy Fox-Geen had 3,877 Class A shares withheld to pay taxes on vested restricted stock units. This was a compensation-related tax withholding event, not an open-market share sale, and reflects standard treatment of equity awards.
What type of security is involved in the Circle Internet (CRCL) CFO’s Form 4 filing?
The filing involves Circle Internet’s Class A common stock tied to restricted stock units. Shares were automatically withheld to cover taxes when those restricted stock units vested, leaving the CFO with a remaining mix of outright shares and unvested RSU-based share rights.