SCHEDULE: Jeremy Allaire Boosts Circle Internet Group Stake

Jeremy Allaire, CEO of Circle Internet Group, Inc., reported beneficial ownership of 8.14% of the company's Class A Common Stock as of June 30, 2025.

Summary

• Jeremy Allaire beneficially owns an aggregate of 18,494,820 shares of Circle Internet Group, Inc.'s Class A Common Stock.
• This ownership represents 8.1399% of the Class A Common Stock outstanding, based on 227,211,067 shares outstanding as of June 30, 2025.
• Allaire holds sole voting and dispositive power over 18,226,272 shares.
• This sole power includes 16,457,013 shares of Class B common stock held directly, 335,684 shares of Class B common stock held by the Allaire 2025 Qualified Annuity Trust, 11,164 shares of Class B common stock issuable upon vesting of Restricted Stock Units, and 1,422,411 shares of Class B common stock issuable upon exercise of stock options.
• Allaire holds shared voting and dispositive power over 268,548 shares.
• These shared shares consist of 67,137 shares of Class A common stock each held by the Spruce Trust, Beech Trust, Oak Trust, and Chestnut Trust, where legal counsel to Mr. Allaire serves as the sole trustee.
• Each share of Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the Reporting Person and automatically upon certain transfers.

Sentiment

Score: 7

Explanation: The filing indicates a significant beneficial ownership stake by a key insider, which can be viewed positively as it aligns management interests with shareholders. However, it is a routine ownership disclosure and does not contain performance or strategic updates.

Positives

• The significant beneficial ownership stake by Jeremy Allaire, a key insider, aligns management interests with those of shareholders, potentially indicating confidence in the company's future.

Related Party Transactions

• Shares are held by the Allaire 2025 Qualified Annuity Trust, an irrevocable grantor trust, of which Jeremy Allaire is the sole trustee and beneficiary.
• Shares are held by the Spruce Trust, Beech Trust, Oak Trust, and Chestnut Trust, where legal counsel to Mr. Allaire is the sole trustee.

Stakeholder Impact

• Shareholders may view the significant insider ownership positively, as it suggests alignment of interests between management and investors.

Key Dates

Recommendation

This Schedule 13G filing primarily discloses the beneficial ownership stake of Jeremy Allaire, a key insider, in Circle Internet Group, Inc. While a significant insider stake (8.14%) can align management interests with shareholders, this filing is a routine disclosure of ownership and does not contain new financial performance data, strategic updates, or forward-looking guidance that would warrant a change in investment recommendation. Investors should consider this information as part of a broader analysis of the company's financial health and market position.

Keywords

Circle Internet Group, Jeremy Allaire, beneficial ownership, SEC filing, Class A Common Stock, Class B Common Stock, insider ownership, Schedule 13G