Horowitz Bradley 4
Research Summary
AI-generated summary
Circle (CRCL) Director Bradley Horowitz Receives 116 Shares
What Happened
Bradley Horowitz, a director of Circle Internet Group (CRCL), was reported to have received 116 shares of the company's Class A common stock on January 28, 2026. The transaction is recorded as an "other acquisition or disposition (J)" and reflects an in‑kind, pro‑rata distribution of shares from Accel XI Strategic Partners L.P. to its limited partners and affiliated entities; no cash was paid for these shares.
Key Details
- Transaction date: 2026-01-28; Form 4 filed: 2026-01-30 (reported within the typical 2‑business‑day window).
- Transaction type/code: Other acquisition/disposition (J) — in‑kind distribution; price per share: N/A (no cash consideration).
- Holdings noted in the filing: the reporting person previously held 13,049 Class A shares outright and has 11,624 Class A shares issuable upon RSU vesting (footnote F3). The 116 shares were distributed to an affiliated entity (the Dharma Revocable Living Trust) as described in footnote F1.
- Ownership/disclaimer notes: some shares are held through a revocable grantor living trust for which Horowitz and his spouse are co‑trustees and co‑beneficiaries; he disclaims beneficial ownership except to the extent of his pecuniary interest (footnote F2).
Context
This was an in‑kind distribution from a private fund (Accel XI) to its limited partners and related affiliates — not an open‑market purchase or sale. Such distributions reflect fund reallocations or liquidations and do not necessarily signal the insider’s personal view of the stock. No options were exercised and no cash changed hands.