Circle Internet Group (CRCL) CEO Jeremy Allaire details Class A and B share moves
Rhea-AI Filing Summary
Circle Internet Group, Inc. insider Jeremy Allaire reported multiple sales of Class A common stock. On 12/22/2025, he sold 7,055 shares of Class A common stock at a weighted average price of $90.07 per share, in transactions priced between $90.00 and $90.13. After this sale, he directly held 70,517 Class A shares.
Additional Class A shares were sold on the same date from several irrevocable trusts, including 188 shares and multiple blocks of 190 shares, each at a weighted average price of $90.07 per share, with post-transaction holdings such as 66,761 and 66,757 Class A shares in each trust. The filing explains that these trusts benefit family members and that Allaire disclaims beneficial ownership except for his economic interests.
The report also lists substantial holdings of Class B common stock, each share convertible into Class A on a one-for-one basis, including 15,807,312 Class B shares directly and 335,684 Class B shares held through the Allaire 2025 Qualified Annuity Trust. Class B shares do not expire and automatically convert to Class A upon most transfers.
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FAQ
What insider transaction did Circle Internet Group (CRCL) report for Jeremy Allaire?
The filing shows that Jeremy Allaire, Chairman, CEO and Director of Circle Internet Group, Inc., reported several sales of Class A common stock on 12/22/2025, including a direct sale of 7,055 shares.
At what prices did Jeremy Allaire sell Circle Internet Group (CRCL) Class A shares?
The reported Class A share sales on 12/22/2025 occurred in multiple transactions at prices ranging from $90.00 to $90.13 per share, with a weighted average price of $90.07 per share.
How many Circle Internet Group (CRCL) Class A shares does Jeremy Allaire hold after the transactions?
Following the reported transactions, Jeremy Allaire directly held 70,517 shares of Class A common stock. Various family-related trusts held additional Class A shares, including amounts such as 66,761 and 66,757 shares in each trust.
What are the trust holdings mentioned for Circle Internet Group (CRCL) shares?
The report describes Class A shares held through several irrevocable trusts, including the Oak Trust, Chestnut Trust, Beech Trust, and Spruce Trust. The filing states that these trusts are for family beneficiaries and that Allaire disclaims beneficial ownership of the Class A shares held in them.
What Class B common stock position does Jeremy Allaire report for Circle Internet Group (CRCL)?
The filing lists large holdings of Class B common stock, each share convertible into Class A on a one-for-one basis. Allaire reports 15,807,312 Class B shares directly and 335,684 Class B shares held indirectly through the Allaire 2025 Qualified Annuity Trust.
Do Circle Internet Group (CRCL) Class B shares have an expiration date or conversion feature?
According to the disclosure, each Class B common stock share is convertible into Class A common stock on a one-for-one basis at Allaire's option. Class B shares will also convert automatically into Class A upon most transfers, and the Class B shares do not expire.
Does Jeremy Allaire fully own the Circle Internet Group (CRCL) shares held in the reported trusts?
The explanation states that certain Class A and Class B shares are held in non-grantor and grantor trusts benefiting Allaire's children or family. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in them.