Hossein Kash Razzaghi - 01 Sep 2025 Form 4 Insider Report for Circle Internet Group, Inc. (CRCL)

Role: Chief Commercial Officer
Signature: /s/ Sarah K. Wilson, attorney-in-fact for Hossein Kash Razzaghi
Issuer symbol: CRCL
Transactions as of: 01 Sep 2025
Net transactions value: -$353,442
Form type: 4
Filing time: 03 Sep 2025, 16:29:01 UTC
Next filing: 03 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Razzaghi Hossein	Chief Commercial Officer	C/O CIRCLE INTERNET GROUP, INC, ONE WORLD TRADE CENTER, 87TH FLOOR, NEW YORK	/s/ Sarah K. Wilson, attorney-in-fact for Hossein Kash Razzaghi	03 Sep 2025	0002083179

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRCL	Class A Common Stock	Award	$0	+55,466	+9.2%	$0.000000	659,033	01 Sep 2025	Direct	F1
transaction	CRCL	Class A Common Stock	Tax liability	$353,442	-2,678	-0.41%	$131.98	656,355	02 Sep 2025	Direct	F2, F3

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	Stock Option (Right to Buy)	Award	$0	+102,546		$0.000000	102,546	01 Sep 2025	Class A Common Stock	102,546	$131.98	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units granted to the Reporting Person in connection with his promotion to Chief Commercial Officer. The restricted stock units shall vest in 16 substantially equal installments over four years beginning September 1, 2025, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.
F2	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.
F3	Represents 464,731 shares of Class A common stock held outright by the reporting person and 191,624 shares of Class A common stock issuable upon the vesting of restricted stock units.
F4	The shares of Class A common stock subject to the option award granted to the Reporting Person in connection with his promotion to Chief Commercial Officer shall vest in 16 substantially equal installments beginning September 1, 2025, in each case, subject to the Reporting Person's continued service relationship with Circle Internet Group, Inc. through each applicable vesting date.