Circle Internet Group Chief Product & Tech Officer Executes $2.12M Stock Sale Under 10b5-1 Plan

Executive Summary

On October 8, 2026, Nikhil Chandhok, Chief Product & Technology Officer of Circle Internet Group, Inc. ($CRCL), executed a combination of an option exercise and common stock sale. Chandhok exercised options for 23,334 shares at an exercise price of $25.81 and sold 26,668 shares of Class A Common Stock at a price of $79.59 per share, generating gross proceeds of approximately $2.12 million.

Transaction Breakdown

• Option Exercise (Code M): Exercised 23,334 stock options (expiring February 4, 2032) at $25.81 per share, leaving 307,515 derivative securities in the grant.
• Open Market Sale (Code S): Sold 26,668 shares of Class A Common Stock at $79.59 per share, totaling $2,122,506.12.
• Plan Details: The transactions were conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.

Post-Transaction Holdings

Following these transactions, Chandhok directly holds 715,331 shares of Class A Common Stock, comprising:

• 456,614 shares held outright.
• 258,717 shares issuable upon the vesting of restricted stock units (RSUs).
• In addition, Chandhok retains 307,515 options to purchase Class A Common Stock.

Market & Governance Impact

Because the sale was executed under a Rule 10b5-1 trading plan and primarily monetized options exercised at an in-the-money price, it reflects planned executive compensation realization rather than an ad-hoc sentiment-driven transaction. Chandhok retains a substantial equity interest in the issuer.