Circle Internet Group ($CRCL) CCO Reports Routine 10b5-1 Sale and Tax Withholding

Transaction Overview

On October 5, 2026, Hossein Razzaghi, Chief Commercial Officer of Circle Internet Group, Inc. ($CRCL), filed Form 4 disclosing two transactions in Class A Common Stock:

1. Tax Withholding (Code F): On October 1, 2026, 1,717 shares were withheld at $82.17 per share ($141,085.89 total) to satisfy tax obligations connected to the vesting of restricted stock units (RSUs).
2. Open Market Sale (Code S): On October 2, 2026, 1,830 shares were sold at $85.78 per share ($156,977.40 total) under a pre-established Rule 10b5-1 trading plan.

Holdings Analysis

Following these transactions, Razzaghi directly holds 641,318 shares of Class A Common Stock, comprising:

• 425,000 shares held outright.
• 216,318 shares issuable upon the vesting of remaining RSUs.

The combined disposition of 3,547 shares represents roughly 0.55% of the insider's total beneficial holdings.

Market & Strategic Context

• Trading Plan Execution: The open market sale was carried out pursuant to an affirmative 10b5-1 trading plan, indicating scheduled execution rather than discretionary timing based on material non-public information.
• Significance Assessment: The market impact and signal strength are assessed as Low given the modest transaction size, the pre-scheduled nature under Rule 10b5-1, and standard RSU tax withholding.