Circle (CRCL) CCO Hossein Razzaghi Sells 1,829 Shares

What Happened

• Hossein Razzaghi, Chief Commercial Officer of Circle Internet Group (CRCL), reported two dispositions in early August 2026. On 2026-08-01, 1,717 shares were withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs), valued at $107,501 (withheld at $62.61/share). On 2026-08-04 he sold 1,829 shares in an open-market transaction for $109,886 (at $60.08/share). Combined, 3,546 shares were disposed for total proceeds of about $217,387.

Key Details

• Dates and prices:
  • 2026-08-01: 1,717 shares withheld at $62.61/share (tax withholding) — $107,501.
  • 2026-08-04: 1,829 shares sold at $60.08/share (open-market sale) — $109,886.
• Reported holdings per filing: 425,000 shares held outright and 234,310 shares issuable upon RSU vesting (per filing footnote).
• Notable footnotes:
  • Withholding of 1,717 shares to cover tax obligations on RSU vesting (F1).
  • The 1,829-share sale was executed under a pre-established 10b5-1 trading plan (F2).
  • Footnote F3 explains current owned and issuable shares breakdown.
• Filing timeliness: No late-filing flag provided in the supplied details.

Context

• The 1,717-share transaction was a tax-withholding event tied to RSU vesting (not a cash purchase); the shares were surrendered to cover taxes. The 1,829-share sale was executed under a 10b5-1 plan, which is a pre-arranged trading program often used to avoid questions about timing. Sales are common executive actions and do not alone indicate management intent; factual reporting helps investors track insider liquidity.