Circle (CRCL) CFO Jeremy Fox-Geen Sells 45,000 Shares

What Happened
Jeremy Fox-Geen, CFO of Circle Internet Group (CRCL), exercised 45,000 stock options and sold 45,000 shares the same day on Aug 21, 2026. He paid $10.11 per share to exercise (cost = $454,950) and sold the shares at a weighted average price of $90.00 for aggregate proceeds of about $4,050,000. The filing also reports a separate derivative disposition of 45,000 shares at $0.00 (see filing for details).

Key Details

• Transaction date: 2026-08-21; Form 4 filed 2026-08-24 (timely).
• Exercise (code M): 45,000 shares at $10.11 each — total cash paid $454,950.
• Sale (code S): 45,000 shares sold in open market at prices ranging $90.00–$90.02; weighted average $90.00; proceeds ≈ $4,050,000. Sale executed under a 10b5-1 trading plan (footnote F1). Footnote F2 confirms price range and weighted average.
• Holdings after transaction (footnote F3): 39,564 shares held outright and 284,273 shares issuable upon RSU vesting.
• Vesting detail (footnote F4): Option award vests 1/4 after one year, then monthly over 36 months, subject to continued service.
• Filing timeliness: Filed Aug 24 for an Aug 21 transaction — within the Form 4 reporting window.

Context
Because the exercise and sale occurred the same day, this effectively functioned as a cashless exercise and immediate sale of shares. The sale was executed under a pre-established 10b5-1 plan, which is commonly used to automate insider sales and reduce questions about timing. Sales do not necessarily indicate negative views by the insider; purchases tend to be viewed as stronger signals of insider confidence. For full transaction mechanics and any additional notes, see the Form 4 filing (Accession 0001876042-26-000257).