CRCL Circle Internet Group, Inc.

NEUTRAL Impact: 4/10 Insider Cluster (1 insider)
Horizon days Filed Mar 3, 2026 Processed 3mo ago
Insider cluster: 3 insiders, $6.1M total
Final — all horizons settled through T+60d
CRCL ▲ +3.02% at T+60d
NEUTRAL call ✓ call won +3.02% · α vs SPY -7.30% · entry $99.63 → $102.64
Currently $77.84 · -21.87% from $99.63 entry
Entry anchored
Mar 2, 05:44 PM ET
via Databento tick
T+1d
+5.66%
call +5.66% · α +4.90%
$105.27
settled 3mo ago
T+5d
+18.53%
call +18.53% · α +19.01%
$118.09
settled 3mo ago
T+20d
-4.24%
call -4.24% · α +0.17%
$95.41
settled 3mo ago
T+60d
+3.02%
call +3.02% · α -7.30%
$102.64
settled 17d ago

Price Chart

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Executive Summary

Circle Internet Group President Tarbert Heath exercised stock options for 87,388 shares and sold 11,240 shares in open-market transactions, generating $1.29M in proceeds. The majority of the activity involved non-cash derivative exercises, with only a portion of shares sold for cash.

Key Financial Metrics

Direction
selling
Total Value
$1.3M
Insiders
1

Actionable Insight

Monitor for follow-up filings or additional selling; this appears to be routine option monetization rather than a signal of distress. No insider buying observed.

Key Facts

  • President Tarbert Heath exercised 87,388 shares via derivative securities on 2026-03-10 in two tranches (43,694 shares at $0 and 43,694 at $25.09), totaling $1.096M in value.
  • Heath sold 11,240 shares in an open-market transaction at $115.12 per share, realizing $1,293,948.80 in proceeds.
  • All transactions occurred on the same day, suggesting a planned exercise-and-sell strategy to cover taxes and realize gains.
  • Total cash proceeds from sales: $1.29M, representing 0.0046% of CRCL's $27.8B market cap — well below 0.1%, indicating minimal market impact.

Financial Impact

$1.29M in open-market sales, $1.10M in derivative exercises (non-cash). Total economic value transferred: $1.29M.

insider ownershippotential dilutioninsider proceeds

Risk Factors

  • Perception of insider profit-taking, though magnitude is small relative to company size.
  • Potential for increased share supply if further exercises and sales continue.

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-CRCL-1773263791564
42 reports for CRCL
Performance horizon
100% Hit rate 5 of 5 directional calls best @ T+60▲ +34.26%Feb 25, 2026
Filters
Rows
Reports for CRCL — sortable, filterable
Type Now
Jun 12, 2026
today
Insider Cluster
BEARISH ★ 6/10
$78.25 awaiting T+1awaiting T+1$77.84 (+0.52%)
Jun 12, 2026
today
8-K
NEUTRAL ★ 2/10
$78.25 awaiting T+1awaiting T+1$77.84 (−0.52%)
Jun 11, 2026
1d ago
Insider Cluster
NEUTRAL ★ 4/10
$82.78 awaiting T+1awaiting T+1$77.84 (−5.97%)
Jun 11, 2026
2d ago
Institutional Cluster
NEUTRAL ★ 3/10
$81.00 awaiting T+1awaiting T+1$77.84 (−3.90%)
Jun 10, 2026
2d ago
Insider Cluster
BEARISH ★ 5/10
$78.51 awaiting T+1awaiting T+1$77.84 (+0.85%)
Jun 9, 2026
3d ago
Insider Cluster
BEARISH ★ 5/10
$81.15 awaiting T+1awaiting T+1$77.84 (+4.08%)
Jun 9, 2026
3d ago
Insider Cluster
NEUTRAL ★ 2/10
$81.15 awaiting T+1awaiting T+1$77.84 (−4.08%)
Jun 9, 2026
3d ago
144
NEUTRAL ★ 2/10
$81.07 awaiting T+1awaiting T+1$77.84 (−3.98%)
Jun 8, 2026
4d ago
144
NEUTRAL ★ 2/10
$82.47 awaiting T+1awaiting T+1$77.84 (−5.61%)
Jun 5, 2026
7d ago
144
BEARISH ★ 6/10
$80.28 awaiting T+1awaiting T+1$77.84 (+3.04%)
Showing 10 of 42

US Market Status

Market Closed — Opens Mon (49h 43m)

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