Circle Internet Group CFO Jeremy Fox-Geen Executes 10b5-1 Option Exercise and Share Sales

Insider Filing Analysis: Circle Internet Group, Inc. (CRCL)

Summary of Transactions

On September 1–2, 2026, Jeremy Fox-Geen, Chief Financial Officer of Circle Internet Group, Inc., reported multiple transactions involving Class A Common Stock:

1. Option Exercise & Sale (2026-09-01):

   • Option Exercise: Exercised 15,000 stock options at an exercise price of $10.11 per share (Code M).
   • Sale: Sold 15,000 shares under a pre-established Rule 10b5-1 trading plan at $92.20 per share, realizing gross proceeds of $1,383,000 (Code S).

2. Tax Withholding (2026-09-01):

   • Withheld 7,426 shares at $95.55 per share ($709,554.30 total value) to satisfy tax withholding obligations upon the vesting of restricted stock units (Code F).

3. 10b5-1 Open Market Sale (2026-09-02):

   • Sold an additional 8,120 shares under the 10b5-1 plan at $87.87 per share, generating $713,504.40 (Code S).

Post-Transaction Holdings

Following these transactions, Fox-Geen holds 308,291 shares directly, which consists of:

• 39,564 shares held outright.
• 268,727 shares issuable upon the future vesting of restricted stock units (RSUs).
• In addition, Fox-Geen retains 1,085,606 stock options expiring on May 19, 2031.

Analysis & Market Significance

• Significance Level: Medium
• Key Takeaways:
  • The open-market sales (totaling 23,120 shares for ~$2.10M) were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted earlier, mitigating concerns regarding discretionary trading based on material non-public information.
  • The disposition reflects a standard programmatic option exercise-and-sale along with routine tax obligations tied to RSU vesting, while the CFO retains a substantial equity and derivative stake in the company.