Circle (CRCL) Director Sean Neville Sells 50,000 Shares

What Happened

• Sean Neville, a director of Circle Internet Group (CRCL), converted 50,000 shares of Class B common stock into Class A common stock and sold 50,000 Class A shares in open-market transactions on August 3, 2026. The sales occurred in multiple tranches with proceeds totaling approximately $2.98 million.
• Sales breakdown by tranche (weighted average prices and proceeds): 16,273 shares at $58.50 ($951,971), 15,522 shares at $59.51 ($923,714), 15,779 shares at $60.46 ($953,998), and 2,426 shares at $61.03 ($148,059). The conversion of the 50,000 Class B shares facilitated these sales under a pre-established 10b5-1 trading plan.

Key Details

• Transaction date: August 3, 2026; filing date: August 4, 2026 (filed promptly).
• Total shares sold: 50,000; approximate total proceeds: $2,977,742.
• Price range across transactions: $57.90–$61.30 (see footnotes for per-range weighted averages).
• Conversion: 50,000 Class B → 50,000 Class A to permit sale (footnotes F1–F2).
• Shares owned after transaction: not specified in this filing.
• Other footnotes: Reporting person may hold shares/units through trusts and disclaims beneficial ownership for certain trust-held shares (F7–F9). Reporting person can provide detailed per-price breakdowns on request (F3–F6).

Context

• This was a sale executed under a 10b5-1 trading plan, which is a pre-arranged plan that allows insiders to sell shares at predetermined times; such sales are often routine and do not necessarily signal a change in insider sentiment.
• The filing shows a conversion of Class B to Class A (1-for-1 conversion rights noted); the conversion was to enable the open-market sales rather than an option exercise or award-related sale.