Monitor for further selling in coming days; coordinated director exits, especially with a president participating, may signal caution ahead of earnings or strategic developments. Check for Form 14A disclosures regarding governance or performance issues.
Price Chart
Executive Summary
Multiple Circle Internet Group directors sold shares in the past week, with three open-market sales totaling approximately $1.93 million. The largest sale came from Director BURNS M MICHELE, who sold over $1.18 million in stock, while Rajeev V Date also exercised derivatives and sold proceeds. A grant to Koenigsbauer represents a non-cash award.
Key Financial Metrics
Key Facts
- Director BURNS M MICHELE sold $1.18 million in shares via open-market transaction.
- President Tarbert Heath sold $311,470 in shares.
- Director Rajeev V Date sold $431,547 in shares after exercising derivatives.
- Total open-market selling amounts to $1.93 million across three insiders.
- Total insider selling represents 0.0062% of $31.1B market cap — modest in scale but notable given coordination.
- Two derivative exercises by Rajeev V Date were non-cash events with minimal cost basis.
Financial Impact
$1.93 million in net open-market selling by corporate insiders over 7 days
Risk Factors
- Perception of insider pessimism, particularly with multiple directors selling concurrently.
- Potential for negative market reaction if selling continues or is accompanied by weak guidance.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (6 trades, 7d window) | cluster-CRCL-1773781810628 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Insider Cluster | $90.60 $91.78 | ▼ −1.30% | ▼ −1.64% | $82.42 (+9.03%) |
Sep 3, 2026 29d ago | Insider Cluster | $103.23 $90.60 | ▼ −12.23% | ▼ −11.09% | $82.42 (−20.16%) |
Sep 3, 2026 29d ago | Insider Cluster | $103.23 $90.60 | ▼ −12.23% | ▼ −11.09% | $82.42 (−20.16%) |
Sep 2, 2026 29d ago | 144 | $88.64 $90.32 | ▲ +1.90% | ▲ +2.85% | $82.42 (−7.02%) |
Sep 2, 2026 4w ago | 144 | $88.64 $90.32 | ▲ +1.90% | ▲ +2.85% | $82.42 (−7.02%) |
Sep 1, 2026 4w ago | 144 | $89.48 $92.99 | ▲ +3.92% | ▲ +3.84% | $82.42 (−7.89%) |
Aug 24, 2026 5w ago | Insider Cluster | $92.02 $89.48 | ▼ −2.76% | ▼ −2.22% | $82.42 (−10.43%) |
Aug 21, 2026 5w ago | Insider Cluster | $87.72 $95.55 | ▲ +8.93% | ▲ +8.46% | $82.42 (−6.04%) |
Aug 21, 2026 6w ago | 144 | $87.98 $87.14 | ▼ −0.95% | ▼ −1.43% | $82.42 (−6.32%) |
Aug 20, 2026 6w ago | 144 | $87.98 $87.14 | ▼ −0.95% | ▼ −1.43% | $82.42 (−6.32%) |
US Market Status
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