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Circle President and former CFTC Chairman Heath Tarbert has disclosed sales of about $30.77 million in CRCL shares across 10 transactions since June 2025, according to SEC Form 4 filings.
The filings indicate that most of the transactions stemmed from option exercises followed by share sales. Even after the disposals, Tarbert remains a significant shareholder with approximately 503,000 CRCL shares. The filings also do not show any open-market purchases by the executive during the period.
The disclosures come after sharp swings in Circle’s share price. In a previous interview with FOX Business, Tarbert addressed the stock’s drop from roughly $260 to about $62, saying management is prioritizing the company’s long-term mission over short-term market performance. He added that if Circle successfully builds internet-based financial infrastructure, shareholder value should ultimately reflect that progress.
Source: SEC Form 4 filings