Date Rajeev V 4
Research Summary
AI-generated summary
Circle (CRCL) Director Rajeev V Sells 3,819 Shares After Option Exercise
What Happened
- Rajeev V, a director of Circle Internet Group (CRCL), exercised options to acquire 3,819 shares at $0.08 per share (total cost $306) and on the same day sold those 3,819 shares in the open market for $113.00 each, generating gross proceeds of approximately $431,547. The filing shows an additional derivative conversion/disposition of 3,819 shares at $0.00 on the same date.
Key Details
- Transaction date: 2026-03-12
- Option exercise: 3,819 shares acquired at $0.08 each (total $306)
- Open-market sale: 3,819 shares sold at $113.00 each (gross proceeds ~$431,547)
- Recorded derivative disposition: 3,819 shares at $0.00 (shown separately in filing)
- Footnotes: Sale executed pursuant to a 10b5-1 trading plan (F1); the stock options were fully vested (F2)
- Filing date: 2026-03-16 — appears filed within the required reporting window (timely)
- Shares owned after transaction: not specified here; see the Form 4 for ending beneficial ownership
Context
- This is an exercise of vested options followed by an immediate sale of the acquired shares — a common cashless-exercise pattern used to cover exercise costs and taxes. The sale was pre-arranged under a 10b5-1 plan, which means it was executed according to a previously established trading plan rather than as an ad hoc decision. The facts reported are routine insider transactions; they do not by themselves indicate the director’s current view of the company.