Circle (CRCL) President Tarbert Heath Withholds 7,988 Shares

What Happened

• Tarbert Heath, President of Circle Internet Group (CRCL), had 7,988 Class A shares withheld on 2026-08-01 to satisfy tax withholding associated with the vesting of restricted stock units (RSUs). The shares were valued at $62.61 each, totaling $500,129. This was a withholding for taxes (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-01; filing date: 2026-08-04 (filing appears timely).
• Shares withheld/disposed: 7,988 at $62.61, total value $500,129.
• Transaction code: F (shares withheld to satisfy tax withholding upon RSU vesting).
• Reported holdings per footnote: 74,431 Class A shares held outright and 412,150 Class A shares issuable upon RSU vesting.
• This is not an open-market sale or purchase; it’s a routine tax-related withholding.

Context

• Tax-withholding by withholding shares (often called a "cashless" or net share settlement) is a common administrative step when RSUs vest and does not by itself indicate a change in insider sentiment. The filing simply documents that a portion of the vested RSUs were used to cover withholding obligations.