Circle Internet Group, Inc.·4

Feb 4, 5:04 PM ET

Razzaghi Hossein 4

Research Summary

AI-generated summary

Updated

Circle (CRCL) CCO Hossein Razzaghi Sells 1,717 Shares for Taxes

What Happened

  • Hossein Razzaghi, Chief Commercial Officer of Circle Internet Group (CRCL), had 1,717 shares of Class A common stock withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The shares were recorded at $63.93 each, totaling about $109,768. This is a tax-withholding disposal (not an open-market sale).

Key Details

  • Transaction date: 2026-02-02. Form 4 filed: 2026-02-04 (timely filing).
  • Price per share: $63.93; Shares withheld/disposed: 1,717; Total value: ~$109,768.
  • Shares owned after transaction: 488,003 shares held outright and 151,061 shares issuable upon future RSU vesting (per filing footnote).
  • Footnote (F1): Shares were withheld specifically to satisfy the reporting person’s tax withholding obligation on RSU vesting.
  • Transaction code: F (tax withholding). This is routine administrative disposition, not a directional buy/sell signal.

Context

  • Withholding to cover taxes is common when RSUs vest; the company retains a portion of shares rather than the executive selling shares on the open market. Such transactions generally reflect tax mechanics rather than an insider expressing a view on the company’s stock.