Tarbert Heath 4
4 · Circle Internet Group, Inc. · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Circle (CRCL) President Tarbert Heath Sells 15,000 Shares
What Happened Tarbert Heath, President of Circle Internet Group (CRCL), sold a total of 15,000 Class A shares in multiple open-market/private transactions on April 13, 2026. The sales were executed in several tranches at prices between $90.00 and $97.93, producing aggregate proceeds of approximately $1,425,646. The filing indicates these sales were made pursuant to a 10b5-1 trading plan (pre-arranged plan), and the activity is recorded as routine insider selling (transaction code S).
Key Details
- Transaction date: April 13, 2026; Form 4 filed April 15, 2026 (filed timely).
- Breakdown by tranche (weighted-average prices and proceeds where provided):
- 900 shares @ $90.00 = $81,000
- 600 shares (WAP $91.35) = $54,810
- 556 shares (WAP $92.79) = $51,591
- 3,304 shares (WAP $94.20) = $311,237
- 2,623 shares (WAP $95.15) = $249,578
- 4,764 shares (WAP $96.14) = $458,011
- 1,645 shares (WAP $97.19) = $159,878
- 608 shares (WAP $97.93) = $59,541
- Total sold: 15,000 shares for ~$1,425,646.
- Reported holdings after the transactions (per filing footnote): 71,607 Class A shares held outright and 489,561 Class A shares subject to outstanding restricted stock units (total share-related interest: 561,168).
- Footnotes F2–F8 note the sales were executed in multiple transactions across small price ranges (reporting person will provide detailed price-by-price breakdown on request).
- Footnote F1: sale was pursuant to a 10b5-1 plan (pre-set trading plan), which often indicates the trades were pre-arranged rather than opportunistic.
Context
- Sales conducted under a 10b5-1 plan are typically pre-scheduled and therefore less indicative of a manager’s short-term outlook than ad-hoc sales. Retail investors generally view purchases as stronger signals than planned sales.
- Transaction code S = sale. No options exercises, grants, or gifts were reported in this filing.
Insider Transaction Report
Form 4
Tarbert Heath
President
Transactions
- Sale
Class A Common Stock
[F1]2026-04-13$90.00/sh−900$81,000→ 575,268 total - Sale
Class A Common Stock
[F1][F2]2026-04-13$91.35/sh−600$54,810→ 574,668 total - Sale
Class A Common Stock
[F1][F3]2026-04-13$92.79/sh−556$51,591→ 574,112 total - Sale
Class A Common Stock
[F1][F4]2026-04-13$94.20/sh−3,304$311,237→ 570,808 total - Sale
Class A Common Stock
[F1][F5]2026-04-13$95.15/sh−2,623$249,578→ 568,185 total - Sale
Class A Common Stock
[F1][F6]2026-04-13$96.14/sh−4,764$458,011→ 563,421 total - Sale
Class A Common Stock
[F1][F7]2026-04-13$97.19/sh−1,645$159,878→ 561,776 total - Sale
Class A Common Stock
[F1][F8][F9]2026-04-13$97.93/sh−608$59,541→ 561,168 total
Footnotes (9)
- [F1]The reported sale was made pursuant to a 10b5-1 trading plan.
- [F2]These shares were sold in multiple transactions at prices ranging from $91.05 to $91.94, inclusive. The weighted average sale price was $91.35. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F3]These shares were sold in multiple transactions at prices ranging from $92.56 to $93.25, inclusive. The weighted average sale price was $92.79. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F4]These shares were sold in multiple transactions at prices ranging from $93.69 to $94.61, inclusive. The weighted average sale price was $94.20. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F5]These shares were sold in multiple transactions at prices ranging from $94.69 to $95.60, inclusive. The weighted average sale price was $95.15. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F6]These shares were sold in multiple transactions at prices ranging from $95.70 to $96.68, inclusive. The weighted average sale price was $96.14. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F7]These shares were sold in multiple transactions at prices ranging from $96.70 to $97.69, inclusive. The weighted average sale price was $97.19. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F8]These shares were sold in multiple transactions at prices ranging from $97.72 to $98.20, inclusive. The weighted average sale price was $97.93. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F9]Represents 71,607 shares of Class A common stock held outright by the reporting person and 489,561 shares of Class A common stock subject to outstanding restricted stock units.
Signature
/s/ Sarah K. Wilson, as Attorney-in-Fact for Heath Tarbert|2026-04-15