Zhou Quan's Form 4 filing
Circle Internet Group, Inc. (CRCL) · filed Jun 10, 2025
- Accession no.
- 0000929638-25-002210
- Filed
- Jun 10, 2025, 4:11 PM ET
- Trade date
- Jun 6, 2025
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 4 derivative transactions. Open-market sales total $68.2M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Zhou QuanCIK 0001491503 | 10% Owner |
| Ho Chi SingCIK 0001545806 | 10% Owner |
| IDG China Capital Fund GP III Associates Ltd.CIK 0001649611 | 10% Owner |
| IDG-Accel China Capital GP II Associates Ltd.CIK 0001846013 | 10% Owner |
| Chuang Xi Capital LtdCIK 0002068938 | 10% Owner |
| Wide Palace LtdCIK 0002068940 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 6, 2025 | Class A Common Stock | JOtherAcquired | +6,908,404 | –F1 | – | 6,908,404 | Direct | |
| Jun 6, 2025 | Class A Common Stock | JOtherAcquired | +1,690,306 | –F2 | – | 8,598,710 | Direct | |
| Jun 6, 2025 | Class A Common Stock | JOtherAcquired | +9,548,476 | –F2 | – | 10,979,473 | Indirect | |
| Jun 6, 2025 | Class A Common Stock | JOtherAcquired | +3,696,857 | –F3 | – | 14,676,330 | Indirect | |
| Jun 6, 2025 | Class A Common Stock | SSaleDisposed | −859,871 | $29.30F6 | −$25,189,920.95 | 7,738,839 | Direct | |
| Jun 6, 2025 | Class A Common Stock | SSaleDisposed | −1,467,633 | $29.30F6 | −$42,994,308.74 | 13,208,697 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 6, 2025 | Class A Common Stock | JOtherDisposed | −6,908,404 | $0.00 | $0 | 0 | Direct | |
| Jun 6, 2025 | Class A Common Stock | JOtherDisposed | −1,690,306 | $0.00 | $0 | 0 | Direct | |
| Jun 6, 2025 | Class A Common Stock | JOtherDisposed | −9,548,476 | $0.00 | $0 | 0 | Indirect | |
| Jun 6, 2025 | Class A Common Stock | JOtherDisposed | −3,696,857 | $0.00 | $0 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The Series C Preferred Stock was convertible into Class A Common Stock on a one-for-one basis and had no expiration date. The Issuer's Amended and Restated Certificate of Incorporation (the "Amended and Restated Certificate of Incorporation") became effective immediately prior to the closing of the Issuer's initial public offering, pursuant to which, each share of Series C Preferred Stock that was outstanding as of immediately prior to that time was automatically reclassified, on a one-for-one basis, into a share of Class A Common Stock in a reclassification exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-7 thereunder.
Referenced by the price of 1 transaction in Table I.
- F2
The Series D Preferred Stock was convertible into Class A Common Stock on a one-for-one basis and had no expiration date. Each share of Series D Preferred Stock that was outstanding immediately prior to the effectiveness of the Amended and Restated Certificate of Incorporation was automatically reclassified, on a one-for-one basis, into a share of Class A Common Stock in a reclassification exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-7.
Referenced by the price of 2 transactions in Table I.
- F3
The Series E Preferred Stock was convertible into Class A Common Stock on a one-for-one basis and had no expiration date. Each share of Series E Preferred Stock that was outstanding immediately prior to the effectiveness of the Amended and Restated Certificate of Incorporation was automatically reclassified, on a one-for-one basis, into a share of Class A Common Stock in a reclassification exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-7.
Referenced by the price of 1 transaction in Table I.
- F6
These securities were sold in the secondary offering which occurred in conjunction with the Issuer's initial public offering at a price per share of $29.295. This amount represents the initial public offering price of $31.00 per share less the underwriting discount of $1.705 per share.
Referenced by the price of 2 transactions in Table I.