Circle Internet director sells 50,000 shares
Rhea-AI Filing Summary
Circle Internet Group, Inc. director Patrick Sean Neville reported converting 50,000 shares of Class B common stock into Class A common stock on August 3, 2026, then selling 50,000 Class A shares in four tranches at weighted average prices of $58.50, $59.51, $60.46 and $61.03 per share, with individual trades ranging from $57.90 to $61.30, all pursuant to a Rule 10b5-1 trading plan. After these transactions he directly holds 3,065,909 Class B shares, and additional shares are held through family trusts where he disclaims beneficial ownership except to the extent of his pecuniary interest; he also has 2,018 Class A shares issuable upon vesting of restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Neville Patrick Sean
Role
Director
Sold
50,000 shs ($2.98M)
Approx. gross sale proceeds
$2.98M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F2, F1 | 50,000 | -- | -- |
| Conversion | Class A Common Stock F1, F2 | 50,000 | -- | -- |
| Sale | Class A Common Stock F3 | 16,273 | $58.50 | $952K |
| Sale | Class A Common Stock F4 | 15,522 | $59.51 | $924K |
| Sale | Class A Common Stock F5 | 15,779 | $60.46 | $954K |
| Sale | Class A Common Stock F6, F7 | 2,426 | $61.03 | $148K |
| holding | Class B Common Stock F9 | -- | -- | -- |
| holding | Class A Common Stock F8 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 3,065,909 contracts (Direct);
Class A Common Stock — 2,018 shares (Direct);
Class B Common Stock — 132,966 contracts (Indirect, By Neville 2025 Qualified Annuity Trust);
Class A Common Stock — 33,568 shares (Indirect, By Calico Trust)
Footnotes (9)
- F1. On August 3, 2026, the Reporting Person converted 50,000 shares of Class B common stock into Class A common stock to facilitate a sale pursuant to a 10b5-1 trading plan.
- F2. 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.
- F3. These shares were sold in multiple transactions at prices ranging from $57.90 to $58.89, inclusive. The weighted average sale price was $58.50. 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.
- F4. These shares were sold in multiple transactions at prices ranging from $58.90 to $59.89, inclusive. The weighted average sale price was $59.51. 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.
- F5. These shares were sold in multiple transactions at prices ranging from $59.90 to $60.89, inclusive. The weighted average sale price was $60.46. 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.
- F6. These shares were sold in multiple transactions at prices ranging from $60.90 to $61.30, inclusive. The weighted average sale price was $61.03. 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.
- F7. Represents 2,018 shares of Class A common stock issuable upon the vesting of restricted stock units.
- F8. Represents shares of Class A common stock held through an irrevocable grantor trust, of which the Reporting Person's wife, daughter and brother-in-law are trustees and the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock.
- F9. 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 a beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Calico Trust, of which the Reporting Person's child is the beneficiary. 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 converted: 50,000 shares
Shares sold: 50,000 shares
Weighted average sale price (tranche 1): $58.50 per share
+4 more
7 metrics
Shares converted
50,000 shares
Class B common stock converted into Class A common stock on August 3, 2026
Shares sold
50,000 shares
Total Class A common stock sold in reported transactions on August 3, 2026
Weighted average sale price (tranche 1)
$58.50 per share
16,273 Class A shares sold at prices from $57.90 to $58.89
Weighted average sale price (tranche 2)
$59.51 per share
15,522 Class A shares sold at prices from $58.90 to $59.89
Direct Class B holdings after transactions
3,065,909 shares
Class B common stock directly held by Neville following the reported conversion
Underlying shares via annuity trust
132,966 shares
Class A shares underlying Class B stock held by Neville 2025 Qualified Annuity Trust
RSUs outstanding
2,018 shares
Class A common stock issuable upon vesting of restricted stock units
Key Terms
Rule 10b5-1 trading plan, restricted stock units, irrevocable grantor trust, pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"to facilitate a sale 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
"Represents 2,018 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.
irrevocable grantor trust financial
"Represents shares of Class A common stock held through an irrevocable grantor trust"
pecuniary interest financial
"disclaims beneficial ownership of the shares of Class B common stock except to the extent of his pecuniary interest"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transactions did Circle Internet Group (CRCL) disclose?
Circle Internet Group director Patrick Sean Neville converted 50,000 Class B shares into Class A and sold 50,000 Class A shares on August 3, 2026. The sales occurred in four tranches at weighted average prices between $58.50 and $61.03 per share.
Was the Circle Internet Group (CRCL) insider sale under a Rule 10b5-1 plan?
Yes. The filing indicates the transactions were made under a Rule 10b5-1 trading plan. A footnote states that 50,000 Class B shares were converted into Class A specifically “to facilitate a sale pursuant to a 10b5-1 trading plan,” and the plan checkbox is marked.
What Circle Internet Group (CRCL) holdings does Neville report after these trades?
After the reported transactions, Neville directly holds 3,065,909 shares of Class B common stock. Additional shares are held through the Neville 2025 Qualified Annuity Trust and the Calico Trust, where he disclaims beneficial ownership except to the extent of his pecuniary interest.
How are trusts involved in Neville’s Circle Internet Group (CRCL) holdings?
Two irrevocable grantor trusts hold Circle Internet Group shares: the Calico Trust and the Neville 2025 Qualified Annuity Trust. Footnotes explain that family members serve as trustees or beneficiaries and that Neville disclaims beneficial ownership except for his pecuniary interest in the annuity trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
