Neville Patrick Sean 4
4 · Circle Internet Group, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Circle (CRCL) Director Neville Patrick Sean Sells Shares
What Happened
- Neville Patrick Sean, a director of Circle Internet Group (CRCL), converted 50,000 shares of Class B common stock into Class A common stock and sold a total of 50,000 Class A shares on July 1, 2026 for aggregate proceeds of approximately $3,132,444. The sales consisted of 35,981 shares (weighted avg $62.29) for $2,241,256 and 14,019 shares (weighted avg $63.57) for $891,188. The conversions and sales were executed to facilitate a sale pursuant to a 10b5-1 trading plan.
Key Details
- Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely within the required reporting window).
- Sales: 35,981 shares sold at prices ranging $61.80–$62.71 (weighted avg $62.29); 14,019 shares sold at $63.56–$63.63 (weighted avg $63.57).
- Total proceeds: ~$3,132,444.
- Conversions: 50,000 Class B shares converted one-for-one into Class A shares (per the company charter) to permit the sales; conversions recorded as derivative transactions.
- Shares owned after the transactions: not specified in this Form 4.
- Trust/ownership notes: some Class A and Class B shares are held through irrevocable grantor trusts with disclaimers of beneficial ownership as described in the filing footnotes.
Context
- The conversion of Class B to Class A is a mechanical, one-for-one process that allowed the director to sell the shares; the sales were implemented under a 10b5-1 trading plan (prearranged selling plan). These are outright sales (not purchases), which are routine insider liquidity events and do not, by themselves, indicate insider confidence or lack thereof.
Insider Transaction Report
Form 4
Neville Patrick Sean
Director
Transactions
- Conversion
Class A Common Stock
[F1][F2]2026-07-01+50,000→ 52,018 total - Sale
Class A Common Stock
[F3]2026-07-01$62.29/sh−35,981$2,241,256→ 16,037 total - Sale
Class A Common Stock
[F4][F5]2026-07-01$63.57/sh−14,019$891,188→ 2,018 total - Conversion
Class B Common Stock
[F2][F1]2026-07-01−50,000→ 3,115,909 total→ Class A Common Stock (50,000 underlying)
Holdings
- 33,568(indirect: By Trust)
Class A Common Stock
[F6] - 132,966(indirect: By Trust)
Class B Common Stock
[F7]→ Class A Common Stock (132,966 underlying)
Footnotes (7)
- [F1]On July 1, 2026, the Reporting Person converted 50,000 shares of Class B common stock into Class A common stock to facilitate a sale pursuant to a 10b5-1 trading plan.
- [F2]Each share of Class B common stock is convertible into Class A common stock on a one-for-one basis at the option of the Reporting Person. In addition, each share of Class B common stock will convert automatically into Class A common stock on a one-for-one basis upon any transfer of such share, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. Shares of Class B common stock do not expire.
- [F3]These shares were sold in multiple transactions at prices ranging from $61.80 to $62.71, inclusive. The weighted average sale price was $62.29. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F4]These shares were sold in multiple transactions at prices ranging from $63.56 to $63.63, inclusive. The weighted average sale price was $63.57. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F5]Represents 2,018 shares of Class A common stock issuable upon the vesting of restricted stock units.
- [F6]Represents shares of Class A common stock held through an irrevocable grantor trust, of which the Reporting Person's wife, daughter and brother-in-law are trustees and the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock.
- [F7]Represents shares of Class B common stock held through an irrevocable grantor trust, of which the Reporting Person is the sole trustee and the Reporting Person is a beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Calico Trust, of which the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class B common stock except to the extent of his pecuniary interest therein.
Signature
/s/ Sarah K. Wilson, as Attorney-in-Fact for Patrick Sean Neville|2026-07-02