4Filed Jun 2, 8:00 PM ET
Circle (CRCL) President Tarbert Heath Withholds 11,381 Shares for Taxes
$CRCL · Circle Internet Group, Inc.Research Summary
AI-generated summary of this SEC filing
Circle (CRCL) President Tarbert Heath Withholds 11,381 Shares for Taxes
What Happened
Tarbert Heath, President of Circle Internet Group (CRCL), had 11,381 shares of Class A common stock withheld at $113.00 per share to satisfy tax withholding on vested restricted stock units. The disposition is reported as a tax-withholding transaction (code F) and equals $1,286,053 in value. This is a routine tax-withholding action tied to RSU vesting, not an open-market sale or new purchase.
Key Details
- Transaction date and price: 2026-06-01 — 11,381 shares withheld at $113.00/share; total $1,286,053.
- Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting; per footnote F1).
- Holdings disclosed (per footnote F2): 94,658 shares held outright and 447,140 shares subject to outstanding restricted stock units.
- Filing: Form 4 filed 2026-06-03 for a 2026-06-01 transaction — no late filing is indicated.
Context
Tax-withholding by an employer on vested RSUs is common: the company retains/cancels some shares to cover payroll/tax obligations. Such withholdings are routine administrative dispositions and do not necessarily signal the insider’s view of the company’s prospects.