Fox-Geen Jeremy 4
Research Summary
AI-generated summary
Circle (CRCL) CFO Jeremy Fox-Geen Sells 7,425 Shares
What Happened
- Jeremy Fox-Geen, Chief Financial Officer of Circle Internet Group (CRCL), had 7,425 shares of Class A common stock withheld to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withholding was recorded at $113.00 per share, for a total value of $839,025. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-03 (timely)
- Price per share: $113.00; Total value of shares withheld: $839,025
- Holdings after transaction (per footnote): 47,684 shares held outright and 300,502 shares issuable upon vesting of RSUs
- Footnote: Shares were withheld to satisfy the reporting person's tax withholding obligation upon RSU vesting (F1)
- Transaction type: Tax withholding/cashless retention (code F), not a discretionary sale (routine)
Context
- Withholding shares to cover taxes upon RSU vesting is a common, administrative action and does not necessarily indicate the insider's view of the company. The action reduced issued shares delivered to the insider rather than representing an open-market divestiture.