Form 4: Director Horowitz Boosts Indirect Circle Internet Stake

Circle Internet Group Director Bradley Horowitz's affiliated trust received a pro-rata stock distribution.

Summary

• Bradley Horowitz, a Director of Circle Internet Group, Inc. (CRCL), reported a change in beneficial ownership of Class A Common Stock.
• On February 25, 2026, Horowitz's affiliated entity, the Dharma Revocable Living Trust, acquired 117 shares of Class A Common Stock through a pro-rata in-kind distribution from Accel XI Strategic Partners L.P.
• This distribution occurred without additional consideration.
• Following this transaction, the Dharma Revocable Living Trust indirectly holds 814 shares of Class A Common Stock.
• Horowitz also directly holds 24,673 shares of Class A Common Stock, comprising 13,049 shares held outright and 11,624 shares issuable upon the vesting of restricted stock units.
• Horowitz disclaims beneficial ownership of the shares held by the Dharma Revocable Living Trust except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it reports a mechanical pro-rata distribution of shares to an affiliated trust, which is a factual change in ownership rather than a strategic or performance-related event.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that this Form 4 filing is a routine disclosure of an insider's change in beneficial ownership and does not provide broader industry context or trends.

Related Party Transactions

• The transaction involves a pro-rata in-kind distribution of shares from Accel XI Strategic Partners L.P. to the Dharma Revocable Living Trust, an entity affiliated with Director Bradley Horowitz.

Stakeholder Impact

• Shareholders: This transaction represents a minor increase in the indirect beneficial ownership of a director, which is a routine disclosure and unlikely to have a significant direct impact on other shareholders.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Keywords

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