Circle Internet Group (CRCL) CTO exercises 23,333 options and sells 26,666 shares
Rhea-AI Filing Summary
Circle Internet Group, Inc. Chief Product & Tech. Officer Nikhil Chandhok reported an option exercise and share sale. On 2026-08-10 he exercised 23,333 stock options for Class A common stock at an exercise price of $25.81 per share, receiving an equivalent number of shares. On the same date he sold 26,666 Class A shares at $67.15 per share pursuant to a Rule 10b5-1 trading plan. After these transactions he held 436,808 Class A shares outright and 281,112 shares subject to outstanding restricted stock units.
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Chandhok Nikhil
Role
Chief Product & Tech. Officer
Sold
26,666 shs ($1.79M)
Approx. gross sale proceeds
$1.79M
Approx. exercise cost
$602K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3 | 23,333 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 23,333 | $25.81 | $602K |
| Sale | Class A Common Stock F1, F2 | 26,666 | $67.15 | $1.79M |
Holdings After Transaction:
Stock Option (Right to Buy) — 369,678 shares (Direct);
Class A Common Stock — 717,920 shares (Direct)
Footnotes (3)
- F1. The reported sale was made pursuant to a 10b5-1 trading plan
- F2. Represents 436,808 shares of Class A common stock held outright by the Reporting Person and 281,112 shares of Class A common stock subject to outstanding restricted stock units.
- F3. 1/4 of the shares of Class A common stock subject to the option award vested upon the one-year anniversary following the vesting commencement date and the remaining portion vest in 36 successive equal monthly installments thereafter, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
Key Figures
Options exercised: 23,333 shares
Exercise price: $25.81 per share
Shares sold: 26,666 shares
+4 more
7 metrics
Options exercised
23,333 shares
Stock options for Class A common stock exercised on 2026-08-10
Exercise price
$25.81 per share
Exercise price of stock options converted into Class A common stock
Shares sold
26,666 shares
Class A common stock sold on 2026-08-10
Sale price
$67.15 per share
Per-share price for the 26,666 Class A shares sold
Shares held outright
436,808 shares
Class A common stock held directly by the reporting person after transactions
RSUs outstanding
281,112 shares
Class A common stock subject to outstanding restricted stock units
Option expiration
February 4, 2032
Expiration date of the reported stock option award
Key Terms
Rule 10b5-1 trading plan, restricted stock units, vesting commencement date, stock option (right to buy)
4 terms
Rule 10b5-1 trading plan regulatory
"The reported sale was made 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
"281,112 shares of Class A common stock subject to outstanding 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.
vesting commencement date financial
"anniversary following the vesting commencement date and the remaining portion vest"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
stock option (right to buy) financial
"security_title": "Stock Option (Right to Buy)""
FAQ
What insider transactions did CRCL officer Nikhil Chandhok report on August 10, 2026?
Nikhil Chandhok reported exercising 23,333 stock options for Class A shares at $25.81 per share and selling 26,666 Class A shares at $67.15 per share on 2026-08-10.
Were the August 10, 2026 CRCL stock sales by Nikhil Chandhok under a 10b5-1 plan?
Yes. A footnote states the 26,666-share sale of CRCL Class A common stock was made pursuant to a Rule 10b5-1 trading plan, indicating the trades were pre-arranged under that plan.
What stock options did Nikhil Chandhok exercise in the latest CRCL Form 4 filing?
He exercised 23,333 stock options for CRCL Class A common stock at an exercise price of $25.81 per share. The option award expires on February 4, 2032 and vests over time, subject to continued service.
What is the vesting schedule of the Circle Internet Group stock options held by Nikhil Chandhok?
A footnote explains that 1/4 of the option shares vested on the one-year anniversary of the vesting commencement date, with the remainder vesting in 36 equal monthly installments, contingent on continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.