Horowitz Bradley 4

What Happened
Bradley Horowitz, a director of Circle Internet Group (CRCL), was credited with 45 shares on 2026-05-04 through an "other acquisition or disposition" (code J). The filing lists no per‑share price or total dollar value (reported as N/A). This was not an open‑market purchase or option exercise but a pro‑rata in‑kind distribution of Class A shares from Accel XI Strategic Partners L.P. to its limited partners, which included an entity affiliated with Horowitz.

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-05 (timely filing).
• Transaction code: J (other acquisition/disposition); price/value: N/A.
• The 45 shares were distributed in kind to the Dharma Revocable Living Trust (affiliated with the reporting person) per footnote F1.
• Footnote F2 notes shares held through a revocable grantor living trust, with Horowitz disclaiming beneficial ownership except to the extent of his pecuniary interest.
• Footnote F3 reports Horowitz holds 13,049 shares outright and has 11,624 shares issuable upon RSU vesting.

Context
This was a distribution from a private fund to its limited partners, not a market buy or sale — such in‑kind distributions are administrative/ownership transfers and do not necessarily signal insider sentiment. No cash exchanged on the public market and no immediate sale or exercise was reported.