Date Rajeev V 4

What Happened

Rajeev V, a director of Circle Internet Group (CRCL), exercised vested stock options and immediately sold the resulting shares. He exercised a total of 3,819 shares (2,546 on 2026-04-06 and 1,273 on 2026-04-07) at $0.08 per share (total cash paid ≈ $306) and sold those shares in open-market transactions for gross proceeds of about $357,688. The filing also reports corresponding dispositions of the derivative option instruments at $0, reflecting that the options were exercised.

Key Details

• Transaction dates & prices:
  • 2026-04-06: Exercised 2,546 options at $0.08 (cash paid $204), then sold 2,546 shares at $92.99 (proceeds $236,753).
  • 2026-04-07: Exercised 1,273 options at $0.08 (cash paid $102), then sold 1,273 shares at $95.00 (proceeds $120,935).
  • Total shares exercised and sold: 3,819; total gross sale proceeds ≈ $357,688.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: Sale was made pursuant to a 10b5-1 trading plan (F1). The options exercised were fully vested (F2).
• Filing: Form 4 filed 2026-04-08 (appears timely given the reported transaction dates).

Context

• This was an exercise of vested options followed by immediate open-market sales (a cashless-style outcome). The filing shows both the option exercises (code M) and the subsequent sales (code S).
• The sales were carried out under a pre-established 10b5-1 plan, which is a common mechanism insiders use to sell shares according to a preset schedule and generally reduces concerns about opportunistic timing.
• These transactions are routine insider liquidity events and do not, by themselves, indicate management’s view of the company’s long-term prospects.