Allaire Jeremy 4
4 · Circle Internet Group, Inc. · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
Circle (CRCL) CEO Jeremy Allaire Sells ~59,232 Shares
What Happened
Jeremy Allaire, Chairman, CEO and a director of Circle Internet Group (CRCL), sold a total of 59,232 shares of Class A common stock on July 6, 2026 in multiple open‑market transactions. Sales were executed at prices ranging roughly from $63.23 to $69.94, producing aggregate proceeds of approximately $3,977,895 (about $3.98M). The sales were made pursuant to a 10b5‑1 trading plan.
Key Details
- Transaction date: July 6, 2026 (reported on Form 4 filed July 8, 2026). Filing appears timely.
- Shares sold: 59,232 total across multiple trades; prices ranged by transaction group from ~$63.23 up to ~$69.94. Aggregate proceeds ≈ $3,977,895 (avg ≈ $67/share).
- Shares owned after transaction: reporting person holds 231,448 Class A shares outright and 222,931 Class A shares issuable upon vesting of restricted stock units (per footnote).
- Notable footnotes: F1 = sales executed under a 10b5‑1 plan; F9–F12 describe additional holdings/structure (shares held in trusts, disclaimed beneficial ownership of some trust shares, and Class B shares convertible 1:1 into Class A).
- Administrative note: This is the first of two Form 4s covering trades on July 6 (EDGAR row limits); read both filings together for the complete set of transactions.
Context
Sales under a 10b5‑1 plan are pre‑arranged and are generally considered routine disposition mechanisms rather than an immediate signal of management’s inside view. The filing discloses both direct Class A holdings and other trust/convertible Class B arrangements; Class B shares convert one‑for‑one to Class A on conversion. This summary is factual and does not speculate on the insider’s motives.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-07-06$63.76/sh−3,542$225,838→ 507,037 total - Sale
Class A Common Stock
[F1][F3]2026-07-06$64.65/sh−4,523$292,412→ 502,514 total - Sale
Class A Common Stock
[F1][F4]2026-07-06$65.89/sh−14,138$931,553→ 488,376 total - Sale
Class A Common Stock
[F1][F5]2026-07-06$66.50/sh−5,960$396,340→ 482,416 total - Sale
Class A Common Stock
[F1][F6]2026-07-06$68.23/sh−11,978$817,259→ 470,438 total - Sale
Class A Common Stock
[F1][F7]2026-07-06$69.11/sh−14,175$979,634→ 456,263 total - Sale
Class A Common Stock
[F1][F8][F9]2026-07-06$69.66/sh−1,884$131,239→ 454,379 total - Sale
Class A Common Stock
[F1][F2][F10]2026-07-06$63.76/sh−96$6,121→ 64,770 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F3][F10]2026-07-06$64.65/sh−122$7,887→ 64,648 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F4][F10]2026-07-06$65.89/sh−381$25,104→ 64,267 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F5][F10]2026-07-06$66.50/sh−161$10,707→ 64,106 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F6][F10]2026-07-06$68.23/sh−323$22,038→ 63,783 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F7][F10]2026-07-06$69.11/sh−382$26,400→ 63,401 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F8][F10]2026-07-06$69.66/sh−51$3,553→ 63,350 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F2][F10]2026-07-06$63.76/sh−96$6,121→ 64,766 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F3][F10]2026-07-06$64.65/sh−122$7,887→ 64,644 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F4][F10]2026-07-06$65.89/sh−381$25,104→ 64,263 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F5][F10]2026-07-06$66.50/sh−161$10,707→ 64,102 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F6][F10]2026-07-06$68.23/sh−323$22,038→ 63,779 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F7][F10]2026-07-06$69.11/sh−382$26,400→ 63,397 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F8][F10]2026-07-06$69.66/sh−51$3,553→ 63,346 total(indirect: By Trust)
- 15,645,520
Class B Common Stock
[F11]→ Class B Common Stock (15,645,520 underlying) - 296,296(indirect: By Trust)
Class B Common Stock
[F12]→ Class A Common Stock (296,296 underlying)
Footnotes (12)
- [F1]The reported sale was made pursuant to a 10b5-1 trading plan.
- [F10]Represents shares of Class A common stock held through an irrevocable non-grantor trust, of which the Reporting Person's legal counsel is the sole trustee and the Reporting Person's child is the beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class A common stock.
- [F11]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.
- [F12]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 beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Allaire 2025 GRAT Remainder Trust, of which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of the shares of Class B common stock except to the extent of his pecuniary interest therein.
- [F2]These shares were sold in multiple transactions at prices ranging from $63.23 to $64.19, inclusive. The weighted average sale price was $63.76. 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.
- [F3]These shares were sold in multiple transactions at prices ranging from $64.24 to $65.23, inclusive. The weighted average sale price was $64.65. 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 $65.24 to $66.23, inclusive. The weighted average sale price was $65.89. 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]These shares were sold in multiple transactions at prices ranging from $66.24 to $67.08, inclusive. The weighted average sale price was $66.50. 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.
- [F6]These shares were sold in multiple transactions at prices ranging from $67.50 to $68.49, inclusive. The weighted average sale price was $68.23. 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.
- [F7]These shares were sold in multiple transactions at prices ranging from $68.50 to $69.49, inclusive. The weighted average sale price was $69.11. 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.
- [F8]These shares were sold in multiple transactions at prices ranging from $69.50 to $69.94, inclusive. The weighted average sale price was $69.66. 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.
- [F9]Represents 231,448 shares of Class A common stock held outright by the reporting person and 222,931 shares of Class A common stock issuable upon the vesting of restricted stock units.