BURNS M MICHELE 4

What Happened
Director Michele Burns sold a total of 11,666 Circle (CRCL) shares in two open‑market transactions. On May 4, 2026 she disposed of 1,666 shares for a weighted average price of $107.61 (proceeds ~$179,278). On May 5, 2026 she disposed of 10,000 shares for a weighted average price of $120.15 (proceeds ~$1,201,500). Combined proceeds from the sales were roughly $1,380,778. The May 4 sale was made pursuant to a 10b5‑1 trading plan.

Key Details

• Transaction dates: May 4, 2026 (1,666 shares at WAP $107.61; prices ranged $107.40–$107.81) and May 5, 2026 (10,000 shares at WAP $120.15; prices ranged $120.00–$120.34).
• Gross proceeds: ~ $179,278 (May 4) and ~ $1,201,500 (May 5); total ~ $1,380,778.
• Shares owned after the transactions: not specified in the filing.
• Footnotes: May 4 sale reported as executed under a 10b5‑1 trading plan; both sales were executed in multiple trades (price ranges and weighted averages disclosed).
• Filing date: Form 4 filed May 5, 2026 reporting the May 4–5 transactions.

Context
These were outright sales (S), which are generally routine insider liquidity rather than a direct signal about company fundamentals. The presence of a 10b5‑1 plan for the May 4 transaction indicates at least some of the activity was pre‑planned.