Chandhok Nikhil

Chandhok Nikhil, Chief Product and Technology Officer at Circle Internet Group (CRCL), has filed 56 Form 4 transactions, all in a single stock. The pattern is one-directional: zero open-market purchases and roughly $67 million in total sales. The recent activity, spanning July through October 2026, shows a consistent cadence of monthly option exercises paired with same-day sales of the resulting shares. The largest cluster came on June 24, 2026, when Nikhil executed six open-market sales totaling about $35.3 million, alongside two option exercises worth roughly $12.9 million. That day alone accounted for more than half of his total sell volume. Since then, the monthly rhythm has been smaller. On July 8, he sold about $1.7 million; on August 10, $1.79 million; on September 8, $2.68 million; and on October 8, $2.12 million. Each of those sales was paired with an option exercise of approximately $602,000, a mechanical step that converts vested awards into shares before the sale. The Form 4 codes also show routine tax withholding. On the first of each month from July through October, shares worth between $238,857 and $726,467 were surrendered to cover tax obligations, an automatic consequence of vesting rather than a discretionary trade. Nikhil has not bought CRCL shares on the open market at any point in the filing history. The data shows a steady, scheduled liquidation of equity compensation, with the June spike standing out as the only outsized event.