Form 4: Circle Internet Director Reports Stock Distribution

Circle Internet Group Director Bradley Horowitz reported an indirect acquisition of 117 Class A common shares through a pro-rata distribution.

Summary

• Bradley Horowitz, a Director of Circle Internet Group, Inc. (CRCL), reported changes in beneficial ownership of Class A Common Stock.
• On January 9, 2026, 117 shares of Class A Common Stock were indirectly acquired by the Dharma Revocable Living Trust, an affiliated entity of Mr. Horowitz.
• This acquisition was a pro-rata in-kind distribution from Accel XI Strategic Partners L.P. to its limited partners, including the Reporting Person's affiliated entity, without additional consideration.
• Following this transaction, the Dharma Revocable Living Trust beneficially owns 463 shares of Class A Common Stock indirectly.
• Mr. Horowitz also directly owns 24,673 shares of Class A Common Stock, comprising 13,049 outright shares and 11,624 shares issuable upon the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving a pro-rata distribution of shares, which is a neutral event in terms of company performance or strategic direction.

Positives

• Increased indirect beneficial ownership of Class A Common Stock by 117 shares for an affiliated entity of a director.
• The acquisition was a distribution, not a purchase, indicating no cash outlay by the reporting person for these specific shares.

Negatives

• No negative events or dispositions of securities were reported.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine report of an insider transaction and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• The transaction involves a pro-rata in-kind distribution of shares from Accel XI Strategic Partners L.P. to its limited partners, including the Dharma Revocable Living Trust, which is an affiliated entity of the reporting person.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine insider reporting of a non-cash distribution and does not reflect a change in company operations or financial performance.

Key Dates

Keywords

Circle Internet Group, CRCL, Bradley Horowitz, Form 4, Insider Transaction, Beneficial Ownership, Class A Common Stock, Director, Stock Distribution, SEC Filing