Horowitz Bradley 4
Research Summary
AI-generated summary
Circle (CRCL) Director Bradley Horowitz Receives 2,018 RSU Award
What Happened
Bradley Horowitz, a director of Circle Internet Group, Inc. (CRCL), was granted 2,018 restricted stock units (RSUs) on May 15, 2026. The RSUs are reported with an acquisition price of $0 because they were awarded (not purchased). Vesting is subject to continued service and occurs on the earlier of the issuer's next annual meeting of stockholders and the one‑year anniversary of the grant.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 18, 2026 (timely).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 2,018 RSUs; reported price $0.
- Shares owned after transaction (per filing footnote): 13,049 shares held outright and 13,642 shares issuable upon vesting of RSUs (total potential interest 26,691 shares).
- Footnote highlights:
- F1: Vesting as described above (earlier of next annual meeting and first anniversary, subject to continued service).
- F2: Breakout of owned vs. issuable shares (13,049 owned; 13,642 issuable).
- F3: Some shares are held in a revocable grantor trust; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
Context
This is a compensation award (RSUs), which is different from an open‑market purchase or sale and does not, by itself, indicate immediate buying or selling pressure. The RSUs vest over time (subject to service and event timing noted), so they are not available for immediate sale unless vested. The filing appears timely under Form 4 reporting rules.