Tarbert Heath 4
Research Summary
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Circle (CRCL) President Tarbert Heath Sells 7,989 Shares
What Happened Tarbert Heath, President of Circle Internet Group (CRCL), had 7,989 Class A shares withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The shares are reported as disposed at $62.63 per share for a total value of $500,351. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (timely filing).
- Shares withheld/disposed: 7,989 at $62.63 per share; total value reported $500,351.
- Shares owned after transaction (per footnote): 64,925 shares held outright and 429,644 shares issuable upon vesting of RSUs.
- Footnote: Withholding was used to satisfy the reporting person's tax withholding obligation upon RSU vesting (code F).
- No 10b5-1 plan or late filing noted in the Form 4.
Context This was a routine tax-related withholding tied to RSU vesting, common for executive equity compensation. Such withholding is accounting for taxes and does not necessarily signal buying or selling intent in the open market.