Circle Internet Group ($CRCL) Director Executes $4.6M Share Sale via 10b5-1 Plan

Executive Summary

On September 1, 2026, Patrick Sean Neville, a Director of Circle Internet Group, Inc. (CRCL), executed a planned sale of 50,000 shares of Class A Common Stock at a weighted average price of $92.09, yielding total gross proceeds of $4,604,500.

Transaction Breakdown

1. Derivative Conversion:
   • Converted 50,000 shares of Class B Common Stock into 50,000 shares of Class A Common Stock on a 1-for-1 basis (Transaction Code: C).
2. Open Market Disposition:
   • Sold 50,000 shares of Class A Common Stock at prices ranging from $91.97 to $92.30, with a volume-weighted average price of $92.09 (Transaction Code: S).
   • The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

Post-Transaction Holdings

• Direct Ownership:
  • Class A Common Stock: 2,018 shares (issuable upon vesting of RSUs).
  • Class B Common Stock: 3,015,909 shares.
• Indirect Ownership:
  • Class A Common Stock: 33,568 shares held by the Calico Trust.
  • Class B Common Stock: 132,966 shares held by the Neville 2025 Qualified Annuity Trust.

Key Takeaways

• Rule 10b5-1 Structure: The transaction was conducted under a pre-established 10b5-1 trading plan, reducing implications of opportunistic insider trading.
• Continued Substantial Stake: Despite the $4.6M realization, the director retains over 3.14 million combined direct and indirect Class B shares, representing a substantial ongoing equity interest in the issuer.