Chandhok Nikhil 4

What Happened Nikhil Chandhok, Chief Product & Tech Officer at Circle (CRCL), had 3,815 shares of Class A common stock withheld to satisfy tax withholding upon the vesting of restricted stock units. The shares were valued at $62.63 each for a total of $238,933. This transaction is reported as code F (tax withholding), not an open-market sale.

Key Details

• Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-02 (timely).
• Price per share: $62.63; total value withheld: $238,933.
• Shares withheld/disposed: 3,815 (for tax withholding upon RSU vesting, footnote F1).
• Holdings reported (footnote F2): 439,808 shares held outright and 288,593 shares subject to outstanding RSUs.
• Transaction code: F = tax withholding on vested RSUs.

Context Tax-withholding dispositions are a routine administrative step when restricted stock units vest; they reflect tax payments rather than a discretionary sale of shares on the open market and are not a direct signal of the insider’s view on the company. For retail investors, outright purchases typically carry more informational weight than withholding transactions.