Jeremy Allaire - 05 Jun 2025 Form 4 Insider Report for Circle Internet Group, Inc. (CRCL)

Signature
Sarah Wilson, as Attorney-in-Fact for Jeremy Allaire
Issuer symbol
CRCL
Transactions as of
05 Jun 2025
Net transactions value
-$50,137,490
Form type
4
Filing time
09 Jun 2025, 17:27:00 UTC
Previous filing
04 Jun 2025
Next filing
03 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Allaire Jeremy Chairman and CEO, Director C/O CIRCLE INTERNET GROUP, INC., ONE WORLD TRADE CENTER, 87TH FLOOR, NEW YORK Sarah Wilson, as Attorney-in-Fact for Jeremy Allaire 09 Jun 2025 0001539940

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRCL Class A Common Stock Tax liability $3,780,202 -121,942 -0.65% $31.00 18,594,699 05 Jun 2025 Direct F1
transaction CRCL Class A Common Stock Disposed to Issuer -18,594,699 -100% 0 06 Jun 2025 Direct F2, F3
transaction CRCL Class A Common Stock Disposed to Issuer -335,684 -100% 0 06 Jun 2025 By Allaire 2025 Qualified Annuity Trust F2, F3, F5
transaction CRCL Class A Common Stock Conversion of derivative security +1,582,160 1,582,160 06 Jun 2025 Direct F3, F4
transaction CRCL Class A Common Stock Sale $46,357,288 -1,582,160 -100% $29.30 0 06 Jun 2025 Direct
holding CRCL Class A Common Stock 67,137 05 Jun 2025 By Spruce Trust F6
holding CRCL Class A Common Stock 67,137 05 Jun 2025 By Beech Trust F6
holding CRCL Class A Common Stock 67,137 05 Jun 2025 By Oak Trust F6
holding CRCL Class A Common Stock 67,137 05 Jun 2025 By Chestnut Trust F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRCL Class B Common Stock Award +18,039,173 18,039,173 06 Jun 2025 Class A Common Stock 18,039,173 Direct F2, F3
transaction CRCL Class B Common Stock Award +335,684 335,684 06 Jun 2025 Class A Common Stock 335,684 By Allaire 2025 Qualified Annuity Trust F2, F3, F4
transaction CRCL Class B Common Stock Conversion of derivative security $0 -1,582,160 -8.8% $0.000000 16,457,013 06 Jun 2025 Class B Common Stock 1,582,160 Direct F3, F4
transaction CRCL Restricted Stock Units Award +11,438 11,438 06 Jun 2025 Class A Common Stock 11,438 Direct F2, F7, F8
transaction CRCL Restricted Stock Units Award +46,250 46,250 06 Jun 2025 Class A Common Stock 46,250 Direct F2, F7, F9
transaction CRCL Restricted Stock Units Award +209,007 209,007 06 Jun 2025 Class A Common Stock 209,007 Direct F2, F7, F10
transaction CRCL Restricted Stock Units Award +288,831 288,831 06 Jun 2025 Class A Common Stock 288,831 Direct F2, F7, F11
transaction CRCL Stock Option (Right to Buy) Disposed to Issuer -552,938 -100% 0 06 Jun 2025 Class A Common Stock 552,938 $0.0800 Direct F2, F12
transaction CRCL Stock Option (Right to Buy) Award +552,938 552,938 06 Jun 2025 Class B Common Stock 552,938 $0.0800 Direct F2, F12
transaction CRCL Stock Option (Right to Buy) Disposed to Issuer -583,333 -100% 0 06 Jun 2025 Class A Common Stock 583,333 $0.0800 Direct F2, F12
transaction CRCL Stock Option (Right to Buy) Award +583,333 583,333 06 Jun 2025 Class B Common Stock 583,333 $0.0800 Direct F2, F12
transaction CRCL Stock Option (Right to Buy) Disposed to Issuer -145,482 -100% 0 06 Jun 2025 Class A Common Stock 145,482 $48.45 Direct F2, F13
transaction CRCL Stock Option (Right to Buy) Award +145,482 145,482 06 Jun 2025 Class B Common Stock 145,482 $48.45 Direct F2, F13
transaction CRCL Stock Option (Right to Buy) Disposed to Issuer -241,228 -100% 0 06 Jun 2025 Class A Common Stock 241,228 $32.95 Direct F2, F13
transaction CRCL Stock Option (Right to Buy) Award +241,228 241,228 06 Jun 2025 Class B Common Stock 241,228 $32.95 Direct F2, F13
transaction CRCL Stock Option (Right to Buy) Disposed to Issuer -30 -100% 0 06 Jun 2025 Class A Common Stock 30 $32.95 Direct F2, F13
transaction CRCL Stock Option (Right to Buy) Award +30 30 06 Jun 2025 Class B Common Stock 30 $32.95 Direct F2, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class A Common Stock were withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of Restricted Stock Units.
F2 Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, immediately upon the effectiveness thereof, each such share of Class A Common Stock held by the Reporting Person was automatically converted into a share of Class B Common Stock, on a one-for-one basis.
F3 Each share of Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the Reporting Person. In addition, each share of Class B Common Stock will convert automatically into Class A Common Stock on a one-for-one basis upon any transfer of such share, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. Shares of Class B Common Stock do not expire.
F4 On June 6, 2025, the Reporting Person directed the sale of 1,582,160 shares of Class B Common Stock, resulting in the automatic conversion of the shares into Class A Common Stock upon execution of the sale.
F5 Represents shares of Class A Common Stock held through an irrevocable grantor trust, of which the Reporting Person is the sole trustee and the Reporting Person is beneficiary. The Reporting Person is entitled to annuity payments from the trust, with any remaining assets to be distributed to the Allaire 2025 GRAT Remainder Trust, of which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of the shares of Class A Common Stock except to the extent of his pecuniary interest therein.
F6 Represents shares of Class A Common Stock held through an irrevocable non-grantor trust, of which the Reporting Person's legal counsel is the sole trustee and the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of the shares of Class A Common Stock except to the extent of his pecuniary interest therein.
F7 Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.
F8 The Restricted Stock Units vest in substantially equal monthly installments from July 1, 2025 through December 1, 2025, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
F9 The Restricted Stock Units vest in substantially equal monthly installments from July 1, 2025 through January 1, 2027, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
F10 The Restricted Stock Units vest in substantially equal monthly installments from July 1, 2025 through January 1, 2028, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
F11 1/4 of the shares subject to the Restricted Stock Units vest on January 1, 2026 and the remaining portion vest in 36 substantially equal monthly installments thereafter, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
F12 The options are fully vested.
F13 1/4 of the shares subject to the option award vested upon the one-year anniversary following the vesting commencement date and the remaining portion vest in 36 successive equal monthly installments thereafter, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.