✉news TechnologyInternet first seen 8 h ago, last 2 h ago, peak #12
Former Circle director seeks approval for another large share sale
Original: After three 50,000-share sales, a former director proposes another at Circle Internet Group (CRCL).
A former director of Circle Internet Group, the stablecoin issuer behind USDC, has filed a proposal to sell another 50,000 shares, following three prior sales of the same size. The repeated transactions are drawing attention from investors tracking insider activity at the recently public company, which they read as a signal about how early stakeholders view the stock's current valuation.
Why now: Insider selling at a high-profile newly listed stablecoin company fuels speculation about how insiders value the stock.
Evidence
- After three 50,000-share sales, a former director proposes another at Circle Internet Group (CRCL). · Stock Titan
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