Circle (CRCL) CPO Nikhil Chandhok Sells 7,603 Shares

What Happened
Nikhil Chandhok, Chief Product & Technology Officer at Circle Internet Group (CRCL), had 7,603 Class A shares withheld to satisfy tax withholding upon the vesting of restricted stock units. The withholding was recorded at $95.55 per share for a total value of $726,467. This is a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-01; Filing date: 2026-09-03 (filed promptly).
• Price: $95.55 per share; Total value of shares withheld: $726,467.
• Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting).
• Reported holdings (per footnote): 444,119 Class A shares held outright and 266,198 shares issuable upon vesting of RSUs.
• Footnote: Shares were withheld to cover the reporting person’s tax withholding obligation upon RSU vesting.

Context
Tax-withholding dispositions are routine when restricted stock units vest and do not necessarily signal insider sentiment about the company. Unlike an outright sale, withheld shares are used to cover tax liabilities and typically reflect compensation mechanics rather than a decision to liquidate additional holdings.