BURNS M MICHELE 4
Research Summary
AI-generated summary
Circle (CRCL) Director Michele Burns Receives Award of 2,018 Shares
What Happened
- Director Michele Burns received a grant of 2,018 restricted stock units (RSUs) from Circle Internet Group (CRCL) on May 15, 2026. The grant was reported on a Form 4 filed May 18, 2026. The RSUs were granted at a reported price of $0.00 (transaction code A — award/grant).
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (filed timely).
- Grant size and price: 2,018 RSUs @ $0.00 (total reported value $0 on Form 4).
- Shares owned after transaction: 330,206 Class A shares held outright, plus 2,018 Class A shares issuable upon RSU vesting (total potential 332,224).
- Footnote (vesting): RSUs vest on the earlier of the issuer’s next annual meeting of stockholders and the first anniversary of the grant, subject to the Reporting Person’s continued service through the vesting date.
- Transaction code: A = Award/Grant. No sale or purchase occurred.
Context
- This is a compensation grant (RSUs) rather than an open-market purchase or sale; such awards are routinely used for director compensation and do not by themselves indicate the insider’s buying or selling sentiment.
- The RSUs become actual shares only upon vesting and continued service; they are not immediately liquid shares.