Circle Internet Group, Inc.·4

Feb 20, 5:00 PM ET

Horowitz Bradley 4

Research Summary

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Circle (CRCL) Director Bradley Horowitz Receives 118 Shares

What Happened
Bradley Horowitz, a director of Circle Internet Group (CRCL), acquired 118 shares of the company's Class A common stock on February 18, 2026. The shares were received as an in‑kind, pro‑rata distribution from Accel XI Strategic Partners L.P.; no purchase price or dollar value is reported on the Form 4.

Key Details

  • Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20). Transaction code: J (other acquisition/disposition). Filing was timely.
  • Price: N/A — shares were distributed in kind, not bought or sold on the open market.
  • Shares owned after transaction (per filing notes): at least 13,167 shares held outright (13,049 prior + 118 distributed) and 11,624 shares issuable upon vesting of restricted stock units.
  • Footnotes of note:
    • F1: The 118 shares came from a pro‑rata in‑kind distribution by Accel XI to its limited partners, including Horowitz’s affiliated Dharma Revocable Living Trust.
    • F2: Some shares are held through a revocable grantor living trust of which Horowitz and his spouse are co‑trustees; he disclaims beneficial ownership except to the extent of pecuniary interest.
    • F3: Confirms 13,049 shares held outright and 11,624 RSUs issuable.

Context
This was an in‑kind distribution from an institutional investor (Accel XI), not an open‑market purchase or sale. Such distributions and transfers are administrative and do not necessarily reflect the insider’s personal trading intent or a direct bullish/bearish signal.