Filing Details
- Accession Number:
- 0000950103-25-007161
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-06-09 17:27:00
- Reporting Period:
- 2025-06-05
- Filing Date:
- 2025-06-09
- Accepted Time:
- 2025-06-09 17:27:00
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1876042 | Circle Internet Group Inc. | CRCL | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1539940 | Jeremy Allaire | C/O Circle Internet Group, Inc. One World Trade Center, 87Th Floor New York NY 10007 | Chairman And Ceo | Yes | Yes | No | No |
Transaction Summary
Sold: | 1,582,160 shares | Avg. Price: $29.30 | Total Value: $46,357,288.00 |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2025-06-05 | 121,942 | $31.00 | 18,594,699 | No | 4 | F | Direct | |
Class A Common Stock | Disposition | 2025-06-06 | 18,594,699 | $0.00 | 0 | No | 4 | D | Direct | |
Class A Common Stock | Disposition | 2025-06-06 | 335,684 | $0.00 | 0 | No | 4 | D | Indirect | By Allaire 2025 Qualified Annuity Trust |
Class A Common Stock | Acquisiton | 2025-06-06 | 1,582,160 | $0.00 | 1,582,160 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2025-06-06 | 1,582,160 | $29.30 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | D | Direct | |
No | 4 | D | Indirect | By Allaire 2025 Qualified Annuity Trust |
No | 4 | C | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | Acquisiton | 2025-06-06 | 18,039,173 | $0.00 | 18,039,173 | $0.00 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2025-06-06 | 335,684 | $0.00 | 335,684 | $0.00 |
Class B Common Stock | Class B Common Stock | Disposition | 2025-06-06 | 1,582,160 | $0.00 | 1,582,160 | $0.00 |
Class A Common Stock | Restricted Stock Units | Acquisiton | 2025-06-06 | 11,438 | $0.00 | 11,438 | $0.00 |
Class A Common Stock | Restricted Stock Units | Acquisiton | 2025-06-06 | 46,250 | $0.00 | 46,250 | $0.00 |
Class A Common Stock | Restricted Stock Units | Acquisiton | 2025-06-06 | 209,007 | $0.00 | 209,007 | $0.00 |
Class A Common Stock | Restricted Stock Units | Acquisiton | 2025-06-06 | 288,831 | $0.00 | 288,831 | $0.00 |
Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2025-06-06 | 552,938 | $0.00 | 552,938 | $0.08 |
Class B Common Stock | Stock Option (Right to Buy) | Acquisiton | 2025-06-06 | 552,938 | $0.00 | 552,938 | $0.08 |
Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2025-06-06 | 583,333 | $0.00 | 583,333 | $0.08 |
Class B Common Stock | Stock Option (Right to Buy) | Acquisiton | 2025-06-06 | 583,333 | $0.00 | 583,333 | $0.08 |
Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2025-06-06 | 145,482 | $0.00 | 145,482 | $48.45 |
Class B Common Stock | Stock Option (Right to Buy) | Acquisiton | 2025-06-06 | 145,482 | $0.00 | 145,482 | $48.45 |
Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2025-06-06 | 241,228 | $0.00 | 241,228 | $32.95 |
Class B Common Stock | Stock Option (Right to Buy) | Acquisiton | 2025-06-06 | 241,228 | $0.00 | 241,228 | $32.95 |
Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2025-06-06 | 30 | $0.00 | 30 | $32.95 |
Class B Common Stock | Stock Option (Right to Buy) | Acquisiton | 2025-06-06 | 30 | $0.00 | 30 | $32.95 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
18,039,173 | No | 4 | A | Direct | ||
335,684 | No | 4 | A | Indirect | ||
16,457,013 | No | 4 | C | Direct | ||
11,438 | No | 4 | A | Direct | ||
46,250 | No | 4 | A | Direct | ||
209,007 | No | 4 | A | Direct | ||
288,831 | No | 4 | A | Direct | ||
0 | 2028-09-11 | No | 4 | D | Direct | |
552,938 | 2028-09-11 | No | 4 | A | Direct | |
0 | 2030-01-16 | No | 4 | D | Direct | |
583,333 | 2030-01-16 | No | 4 | A | Direct | |
0 | 2032-05-04 | No | 4 | D | Direct | |
145,482 | 2032-05-04 | No | 4 | A | Direct | |
0 | 2033-04-13 | No | 4 | D | Direct | |
241,228 | 2033-04-13 | No | 4 | A | Direct | |
0 | 2033-05-03 | No | 4 | D | Direct | |
30 | 2033-05-03 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 67,137 | Indirect | By Spruce Trust |
Class A Common Stock | 67,137 | Indirect | By Beech Trust |
Class A Common Stock | 67,137 | Indirect | By Oak Trust |
Class A Common Stock | 67,137 | Indirect | By Chestnut Trust |
Footnotes
- The shares of Class A Common Stock were withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of Restricted Stock Units.
- Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, immediately upon the effectiveness thereof, each such share of Class A Common Stock held by the Reporting Person was automatically converted into a share of Class B Common Stock, on a one-for-one basis.
- Each share of Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the Reporting Person. In addition, each share of Class B Common Stock will convert automatically into Class A Common Stock on a one-for-one basis upon any transfer of such share, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. Shares of Class B Common Stock do not expire.
- On June 6, 2025, the Reporting Person directed the sale of 1,582,160 shares of Class B Common Stock, resulting in the automatic conversion of the shares into Class A Common Stock upon execution of the sale.
- Represents shares of Class A Common Stock held through an irrevocable grantor trust, of which the Reporting Person is the sole trustee and the Reporting Person is beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Allaire 2025 GRAT Remainder Trust, of which the Reporting Person's children are 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 shares of Class A Common Stock held through an irrevocable non-grantor trust, of which the Reporting Person's legal counsel is the sole trustee and the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of the shares of Class A Common Stock except to the extent of his pecuniary interest therein.
- Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.
- The Restricted Stock Units vest in substantially equal monthly installments from July 1, 2025 through December 1, 2025, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
- The Restricted Stock Units vest in substantially equal monthly installments from July 1, 2025 through January 1, 2027, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
- The Restricted Stock Units vest in substantially equal monthly installments from July 1, 2025 through January 1, 2028, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
- 1/4 of the shares subject to the Restricted Stock Units vest on January 1, 2026 and the remaining portion vest in 36 substantially 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.
- The options are fully vested.
- 1/4 of the shares 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.