Circle Internet director reports trust share distribution
Circle Internet Group director Bradley Horowitz reported an indirect change in ownership of Class A common stock.
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Rhea-AI Filing Summary
Circle Internet Group director Bradley Horowitz reported an indirect change in ownership of Class A common stock. A pro-rata in-kind distribution from Accel XI Strategic Partners L.P. transferred 118 shares to the Dharma Revocable Living Trust without additional consideration.
The trust is a revocable grantor living trust where Horowitz and his spouse are co-trustees and co-beneficiaries, and he disclaims beneficial ownership except for his pecuniary interest. Separately, he holds 13,049 shares outright and 11,624 shares subject to restricted stock units, for 24,673 Class A shares in direct form.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 118 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
FAQ
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What insider transaction did Bradley Horowitz report for Circle Internet Group (CRCL)?
What is the nature of Bradley Horowitz’s indirect ownership in Circle Internet Group (CRCL)?
What does the Form 4 say about Bradley Horowitz’s beneficial ownership in Circle Internet Group (CRCL)?
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