Circle Internet Group (CRCL) director updates direct and trust-held share position
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc. director Bradley Horowitz reported updated holdings of the company’s Class A common stock. Following the reported transactions, he holds 24,673 shares directly, which include 13,049 shares held outright and 11,624 shares issuable upon vesting of restricted stock units.
An additional 1,059 shares are held indirectly through the Dharma Revocable Living Trust, a revocable grantor living trust for which he and his spouse serve as co-trustees and co-beneficiaries. A separate entry reflects a 53-share pro-rata in kind distribution from Accel XI Strategic Partners L.P. to its limited partners, including the Dharma trust, without additional consideration.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Horowitz Bradley
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 53 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,059 shares (Indirect, By Dharma Revocable Living Trust);
Class A Common Stock — 24,673 shares (Direct, null)
Footnotes (1)
- Represents a pro-rata in kind distribution of shares of the Issuer's Class A common stock by Accel XI Strategic Partners L.P. to its limited partners, including the Reporting Person's affiliated entity, the Dharma Revocable Living Trust without additional consideration. Represents shares of Class A common stock held through a revocable grantor living trust of which the Reporting Person and his spouse are co-trustees and co-beneficiaries. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock except to the extent of his pecuniary interest therein. Represents 13,049 shares of Class A common stock held outright by the Reporting Person and 11,624 shares of Class A common stock issuable upon the vesting of restricted stock units.
Key Figures
Direct holdings after transaction: 24,673 shares
Indirect holdings via trust: 1,059 shares
Pro-rata distribution: 53 shares
+2 more
5 metrics
Direct holdings after transaction
24,673 shares
Class A common stock held directly following reported transactions
Indirect holdings via trust
1,059 shares
Class A common stock held through Dharma Revocable Living Trust
Pro-rata distribution
53 shares
In kind distribution from Accel XI Strategic Partners L.P. to limited partners
Outright direct shares
13,049 shares
Class A common stock held outright by Bradley Horowitz
Shares from RSU vesting
11,624 shares
Class A common stock issuable upon vesting of restricted stock units
Key Terms
Form 4, pro-rata in kind distribution, revocable grantor living trust, restricted stock units, +1 more
5 terms
Form 4 regulatory
"Bradley Horowitz reported updated holdings of Circle Internet Group Class A shares on a Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
pro-rata in kind distribution financial
"Represents a pro-rata in kind distribution of shares of the Issuer's Class A common stock by Accel XI Strategic Partners L.P."
revocable grantor living trust financial
"Represents shares of Class A common stock held through a revocable grantor living trust of which the Reporting Person and his spouse are co-trustees."
restricted stock units financial
"Represents 13,049 shares of Class A common stock held outright by the Reporting Person and 11,624 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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares of Class A common stock except to the extent of his pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider activity did Bradley Horowitz report for Circle Internet Group (CRCL)?
Bradley Horowitz reported updated holdings of Circle Internet Group Class A shares on a Form 4. The filing reflects a 53-share pro-rata in kind distribution to an affiliated trust and summarizes his direct and indirect positions, rather than an open-market purchase or sale.
What does Bradley Horowitz disclose about beneficial ownership of Circle Internet Group (CRCL) shares in the trust?
Bradley Horowitz discloses that shares in the Dharma Revocable Living Trust are held through a revocable grantor living trust where he and his spouse are co-trustees and co-beneficiaries. He disclaims beneficial ownership of those shares except to the extent of his pecuniary interest in them.