Form 4: Director Horowitz Boosts Circle Internet Group Stake

Circle Internet Group Director Bradley Horowitz reported an indirect acquisition of 115 Class A common shares through a trust, increasing his total beneficial ownership to 24,673 shares.

Summary

• Bradley Horowitz, a Director of Circle Internet Group, Inc. (CRCL), reported changes in his beneficial ownership of Class A Common Stock.
• On December 3, 2025, Horowitz's affiliated entity, the Dharma Revocable Living Trust, indirectly acquired 115 shares of Class A Common Stock.
• This acquisition was a pro-rata in-kind distribution from Accel XI Strategic Partners L.P. to its limited partners, without additional consideration.
• Following this transaction, Horowitz beneficially owns a total of 24,673 shares of Class A Common Stock.
• The total beneficial ownership includes 5,989 shares held directly by Horowitz and 18,684 shares issuable upon the vesting of restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as an insider increased their beneficial ownership, which can be interpreted as a sign of confidence in the company's future, even if the acquisition was an indirect distribution.

Positives

• An insider, Director Bradley Horowitz, increased his beneficial ownership in the company, which can signal confidence in the company's future prospects.

Future Outlook

NA

Industry Context

This filing is an insider transaction report, which provides transparency into the equity holdings and transactions of company directors, officers, and significant shareholders. It does not directly relate to broader industry trends but offers insight into insider sentiment regarding the company's value.

Related Party Transactions

• The acquisition of 115 shares was an in-kind distribution from Accel XI Strategic Partners L.P. to its limited partners, including the Dharma Revocable Living Trust, an entity affiliated with the reporting person, Bradley Horowitz.

Stakeholder Impact

• Shareholders may view the increase in a director's beneficial ownership as a positive signal, potentially indicating management's belief in the company's value and future performance.

Key Dates

Keywords

Circle Internet Group, CRCL, Bradley Horowitz, Insider Trading, Form 4, Beneficial Ownership, Class A Common Stock, Director, Equity Acquisition