Horowitz Bradley 4

What Happened
Bradley Horowitz, a director of Circle Internet Group, acquired 59 shares of the company's Class A common stock on March 16, 2026. The transaction is reported as an "other acquisition" (code J) and shows no purchase price (N/A) because the shares were received as an in‑kind distribution from Accel XI Strategic Partners L.P. to its limited partners, including an affiliated entity of the reporting person.

Key Details

• Transaction date: 2026-03-16 (filed on 2026-03-17). No price per share reported (N/A).
• Shares acquired: 59 Class A common shares via a pro‑rata in‑kind distribution (footnote F1).
• Shares owned / holdings disclosed: footnote F3 reports 13,049 shares held outright by the reporting person and 11,624 shares issuable upon vesting of restricted stock units. Footnote F2 notes additional Class A shares held through a revocable living trust for which Horowitz and his spouse are co‑trustees; he disclaims beneficial ownership except for pecuniary interest.
• Nature of transaction: distribution from a venture/limited partnership to its LPs (not an open‑market purchase or sale).
• Timeliness: filing occurred the business day after the transaction; appears timely under Form 4 rules.

Context
This was an in‑kind distribution of fund-held shares to limited partners, allocated to an affiliated trust, rather than a market purchase or sale by the director. Such distributions reflect fund-level actions and do not necessarily indicate the insider’s active bullish or bearish trading decision. The number of shares (59) is small relative to Horowitz’s disclosed holdings and the company's public float.