Director at Circle Internet Group (CRCL) sells 11,666 shares in pre-planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group director Michele M. Burns sold shares of Class A Common Stock in two pre-planned open-market transactions. On May 4, she sold 1,666 shares at a weighted average price of $107.61 per share. On May 5, she sold an additional 10,000 shares at a weighted average price of $120.15 per share. The first sale was executed under a Rule 10b5-1 trading plan, meaning it was scheduled in advance. After these sales, she directly holds 330,206 shares of Circle Internet Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,666 shares ($1,380,778)
Net Sell
2 txns
Insider
BURNS M MICHELE
Role
null
Sold
11,666 shs ($1.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,000 | $120.15 | $1.20M |
| Sale | Class A Common Stock | 1,666 | $107.61 | $179K |
Holdings After Transaction:
Class A Common Stock — 330,206 shares (Direct, null)
Footnotes (1)
- The reported sale was made pursuant to a 10b5-1 trading plan. These shares were sold in multiple transactions at prices ranging from $107.40 to $107.81, inclusive. The weighted average sale price was $107.61. 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. These shares were sold in multiple transactions at prices ranging from $120.00 to $120.34, inclusive. The weighted average sale price was $120.15. 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.
Key Figures
Shares sold May 4: 1,666 shares
Price May 4: $107.61/share
Shares sold May 5: 10,000 shares
+3 more
6 metrics
Shares sold May 4
1,666 shares
Open-market sale at $107.61 weighted average price
Price May 4
$107.61/share
Weighted average sale price for 1,666 shares
Shares sold May 5
10,000 shares
Open-market sale at $120.15 weighted average price
Price May 5
$120.15/share
Weighted average sale price for 10,000 shares
Total shares sold
11,666 shares
Net shares sold across both reported transactions
Shares held after transactions
330,206 shares
Direct holdings of Michele M. Burns after sales
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale, Class A Common Stock
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.
weighted average sale price financial
"The weighted average sale price was $107.61."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
""security_title": "Class A Common Stock""
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 transactions did CRCL director Michele M. Burns report?
Michele M. Burns reported two open-market sales of Circle Internet Group Class A Common Stock, totaling 11,666 shares, executed on May 4 and May 5. Both were routine Form 4 transactions disclosed for regulatory transparency.
Were the CRCL insider sales made under a Rule 10b5-1 trading plan?
Yes. A footnote states that one reported sale was made pursuant to a Rule 10b5-1 trading plan. Such plans pre-schedule trades, indicating the timing was arranged in advance rather than based on short-term market developments.