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[SCHEDULE 13G] Circle Internet Group, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary

Oak Investment Partners XIII, Oak Associates XIII, Oak Management and several individual managing members report beneficial ownership of 11,880,678 shares of Circle Internet Group Class A common stock, representing 5.7% of the Class A shares outstanding as stated in the filing. Oak Investment Partners XIII is reported to have sole voting and dispositive power over those shares while Oak Management and certain affiliated entities and individuals are reported with shared voting and dispositive power. The filing notes these persons acknowledge they may be deemed a "group" for securities-law purposes but each disclaims being part of a group beyond the ownership reported. The percent calculation is based on 207,650,578 Class A shares stated in the issuer's prospectus.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management e diversi singoli managing member dichiarano la titolarità effettiva di 11.880.678 azioni ordinarie di Classe A di Circle Internet Group, pari al 5,7% delle azioni di Classe A in circolazione, come indicato nel deposito. A Oak Investment Partners XIII è attribuito il pieno potere di voto e di disposizione su tali azioni, mentre a Oak Management e ad alcune entità e persone affiliate è attribuito il potere di voto e di disposizione condiviso. Il deposito precisa che queste persone riconoscono di potersi considerare un "gruppo" ai fini delle leggi sui titoli, ma ciascuno nega di far parte di un gruppo diverso da quello della proprietà dichiarata. Il calcolo percentuale si basa su 207.650.578 azioni di Classe A indicate nel prospetto dell'emittente.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management y varios miembros gerentes individuales informan la propiedad beneficiaria de 11.880.678 acciones ordinarias Clase A de Circle Internet Group, que representan el 5,7% de las acciones Clase A en circulación según la presentación. Se indica que Oak Investment Partners XIII tiene el poder exclusivo de voto y disposición sobre dichas acciones, mientras que a Oak Management y a ciertas entidades y personas afiliadas se les atribuye el poder compartido de voto y disposición. La presentación señala que estas personas reconocen que podrían ser consideradas un "grupo" a efectos de la legislación sobre valores, pero cada una niega formar parte de un grupo distinto al de la propiedad declarada. El cálculo porcentual se basa en 207.650.578 acciones Clase A mencionadas en el prospecto del emisor.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management ë°� 여러 ê°œì¸ ë§¤ë‹ˆì§� ë©¤ë²„ë“¤ì€ Circle Internet Group í´ëž˜ìŠ� A 보통ì£� 11,880,678ì£¼ì— ëŒ€í•� 실소유권ì� 보고했으ë©�, ì´ëŠ” 제출서류ì—� 기재ë� ë°”ì— ë”°ë¼ í´ëž˜ìŠ� A 발행주ì‹ì� 5.7%ì—� 해당합니ë‹�. Oak Investment Partners XIIIì€ í•´ë‹¹ 주ì‹ì—� 대í•� ë‹¨ë… ì˜ê²°ê¶� ë°� 처분ê¶�ì� 보유하는 것으ë¡� ë³´ê³ ë˜ì—ˆê³�, Oak Management와 ì¼ë¶€ 계열 기관 ë°� ê°œì¸ì€ ê³µë™ ì˜ê²°ê¶� ë°� 처분ê¶�ì� 보유하는 것으ë¡� ë³´ê³ ë˜ì—ˆìŠµë‹ˆë‹�. 제출서류ëŠ� ì´ë“¤ì� ì¦ê¶Œë²•ìƒ "그룹"으로 간주ë� ìˆ� 있ìŒì� ì¸ì •하지ë§�, ê°ìžëŠ� ë³´ê³ ë� 소유ë¥� 넘어ì„� 그룹ì� ì¼ì›ìž„ì„ ë¶€ì¸í•œë‹¤ê³  명시합니ë‹�. 백분ìœ� ì‚°ì¶œì€ ë°œí–‰íšŒì‚¬ì� ì•ˆë‚´ì„œì— ê¸°ìž¬ë� 207,650,578 í´ëž˜ìŠ� A 주ì‹ì� 기준으로 합니ë‹�.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management et plusieurs managing members individuels déclarent la propriété bénéficiaire de 11.880.678 actions ordinaires de Classe A de Circle Internet Group, représentant 5,7% des actions de Classe A en circulation, d'après le dépôt. Il est indiqué qu'Oak Investment Partners XIII détient le pouvoir exclusif de vote et de disposition sur ces actions, tandis qu'Oak Management et certaines entités et personnes affiliées détiennent un pouvoir partagé de vote et de disposition. Le dépôt précise que ces personnes reconnaissent qu'elles pourraient être considérées comme un "groupe" au sens des lois sur les valeurs mobilières, mais que chacune nie faire partie d'un groupe au-delà de la participation déclarée. Le calcul en pourcentage se base sur 207.650.578 actions de Classe A indiquées dans le prospectus de l'émetteur.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management und mehrere einzelne Managing Members melden die wirtschaftliche Eigentümerschaft an 11.880.678 Aktien der Klasse A von Circle Internet Group, was laut Einreichung 5,7% der ausstehenden Klasse-A-Aktien entspricht. Oak Investment Partners XIII wird dabei das alleinige Stimm� und Verfügungsrecht über diese Aktien zugeschrieben, während Oak Management und bestimmte verbundene Gesellschaften und Personen ein gemeinsames Stimm� und Verfügungsrecht angegeben haben. In der Einreichung wird darauf hingewiesen, dass diese Personen anerkennen, dass sie nach dem Wertpapierrecht als "Gruppe" angesehen werden könnten, aber jede Partei bestreitet, Teil einer über die gemeldete Beteiligung hinausgehenden Gruppe zu sein. Die Prozentberechnung basiert auf 207.650.578 Klasse-A-Aktien, wie im Prospekt des Emittenten angegeben.

Positive
  • Reporting persons disclose a material stake of 11,880,678 Class A shares
  • Percentage basis is explicitly tied to the issuer prospectus (207,650,578 shares), providing clear context for the 5.7% figure
Negative
  • Reporting persons acknowledge they "may be deemed" a group, which could trigger additional disclosure obligations

Insights

TL;DR: Reporting persons disclose a material 5.7% Class A stake, with Oak XIII holding sole voting/dispositive power over 11.88M shares.

The Schedule 13G provides clear, itemized ownership: 11,880,678 shares (5.7% of Class A) attributed to Oak-related entities and certain individuals. Oak Investment Partners XIII is recorded with sole voting and dispositive authority for the stake, while Oak Management and affiliated individuals are reported with shared authority. The filing relies on the issuer's prospectus share count (207,650,578) for the percentage basis. This is a material passive ownership disclosure under the Exchange Act; it does not, by itself, indicate changes to control, transactions, or plans to influence management.

TL;DR: The filing flags potential "group" status but includes a disclaimer; governance implications hinge on any coordinated action beyond this disclosure.

The report explicitly states the reporting persons "may be deemed to constitute a 'group'" and simultaneously disclaims the existence of a group and additional beneficial ownership. For governance monitoring, the key facts are the split of sole versus shared voting/dispositive power and the acknowledgement of group treatment risk under Section 13(d)(3). Absent any stated plan to act in concert or seek control, this Schedule 13G functions as a passive ownership disclosure rather than an activist or control filing.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management e diversi singoli managing member dichiarano la titolarità effettiva di 11.880.678 azioni ordinarie di Classe A di Circle Internet Group, pari al 5,7% delle azioni di Classe A in circolazione, come indicato nel deposito. A Oak Investment Partners XIII è attribuito il pieno potere di voto e di disposizione su tali azioni, mentre a Oak Management e ad alcune entità e persone affiliate è attribuito il potere di voto e di disposizione condiviso. Il deposito precisa che queste persone riconoscono di potersi considerare un "gruppo" ai fini delle leggi sui titoli, ma ciascuno nega di far parte di un gruppo diverso da quello della proprietà dichiarata. Il calcolo percentuale si basa su 207.650.578 azioni di Classe A indicate nel prospetto dell'emittente.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management y varios miembros gerentes individuales informan la propiedad beneficiaria de 11.880.678 acciones ordinarias Clase A de Circle Internet Group, que representan el 5,7% de las acciones Clase A en circulación según la presentación. Se indica que Oak Investment Partners XIII tiene el poder exclusivo de voto y disposición sobre dichas acciones, mientras que a Oak Management y a ciertas entidades y personas afiliadas se les atribuye el poder compartido de voto y disposición. La presentación señala que estas personas reconocen que podrían ser consideradas un "grupo" a efectos de la legislación sobre valores, pero cada una niega formar parte de un grupo distinto al de la propiedad declarada. El cálculo porcentual se basa en 207.650.578 acciones Clase A mencionadas en el prospecto del emisor.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management ë°� 여러 ê°œì¸ ë§¤ë‹ˆì§� ë©¤ë²„ë“¤ì€ Circle Internet Group í´ëž˜ìŠ� A 보통ì£� 11,880,678ì£¼ì— ëŒ€í•� 실소유권ì� 보고했으ë©�, ì´ëŠ” 제출서류ì—� 기재ë� ë°”ì— ë”°ë¼ í´ëž˜ìŠ� A 발행주ì‹ì� 5.7%ì—� 해당합니ë‹�. Oak Investment Partners XIIIì€ í•´ë‹¹ 주ì‹ì—� 대í•� ë‹¨ë… ì˜ê²°ê¶� ë°� 처분ê¶�ì� 보유하는 것으ë¡� ë³´ê³ ë˜ì—ˆê³�, Oak Management와 ì¼ë¶€ 계열 기관 ë°� ê°œì¸ì€ ê³µë™ ì˜ê²°ê¶� ë°� 처분ê¶�ì� 보유하는 것으ë¡� ë³´ê³ ë˜ì—ˆìŠµë‹ˆë‹�. 제출서류ëŠ� ì´ë“¤ì� ì¦ê¶Œë²•ìƒ "그룹"으로 간주ë� ìˆ� 있ìŒì� ì¸ì •하지ë§�, ê°ìžëŠ� ë³´ê³ ë� 소유ë¥� 넘어ì„� 그룹ì� ì¼ì›ìž„ì„ ë¶€ì¸í•œë‹¤ê³  명시합니ë‹�. 백분ìœ� ì‚°ì¶œì€ ë°œí–‰íšŒì‚¬ì� ì•ˆë‚´ì„œì— ê¸°ìž¬ë� 207,650,578 í´ëž˜ìŠ� A 주ì‹ì� 기준으로 합니ë‹�.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management et plusieurs managing members individuels déclarent la propriété bénéficiaire de 11.880.678 actions ordinaires de Classe A de Circle Internet Group, représentant 5,7% des actions de Classe A en circulation, d'après le dépôt. Il est indiqué qu'Oak Investment Partners XIII détient le pouvoir exclusif de vote et de disposition sur ces actions, tandis qu'Oak Management et certaines entités et personnes affiliées détiennent un pouvoir partagé de vote et de disposition. Le dépôt précise que ces personnes reconnaissent qu'elles pourraient être considérées comme un "groupe" au sens des lois sur les valeurs mobilières, mais que chacune nie faire partie d'un groupe au-delà de la participation déclarée. Le calcul en pourcentage se base sur 207.650.578 actions de Classe A indiquées dans le prospectus de l'émetteur.

Oak Investment Partners XIII, Oak Associates XIII, Oak Management und mehrere einzelne Managing Members melden die wirtschaftliche Eigentümerschaft an 11.880.678 Aktien der Klasse A von Circle Internet Group, was laut Einreichung 5,7% der ausstehenden Klasse-A-Aktien entspricht. Oak Investment Partners XIII wird dabei das alleinige Stimm� und Verfügungsrecht über diese Aktien zugeschrieben, während Oak Management und bestimmte verbundene Gesellschaften und Personen ein gemeinsames Stimm� und Verfügungsrecht angegeben haben. In der Einreichung wird darauf hingewiesen, dass diese Personen anerkennen, dass sie nach dem Wertpapierrecht als "Gruppe" angesehen werden könnten, aber jede Partei bestreitet, Teil einer über die gemeldete Beteiligung hinausgehenden Gruppe zu sein. Die Prozentberechnung basiert auf 207.650.578 Klasse-A-Aktien, wie im Prospekt des Emittenten angegeben.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G




Comment for Type of Reporting Person: Percentage ownership in item 11 is based on 207,650,578 shares of Class A Common Stock outstanding as reported in the Issuer's final prospectus filed with the Securities and Exchange Commission on June 5, 2025 pursuant to Rule 424(b)(4) of the Securities Act of 1933 (which reflects the full exercise of the underwriters' overallotment option to purchase additional shares).


SCHEDULE 13G



Oak Management Corporation
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer, General Partner or Managing Member or attorney-in-fact
Date:08/12/2025
Oak Investment Partners XIII, L.P.
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer, General Partner or Managing Member or attorney-in-fact
Date:08/12/2025
Oak Associates XIII, LLC
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer, General Partner or Managing Member or attorney-in-fact
Date:08/12/2025
Bandel L. Carano
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer, as attorney-in-fact
Date:08/12/2025
Edward F. Glassmeyer
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer
Date:08/12/2025
Fredric W. Harman
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer, as attorney-in-fact
Date:08/12/2025
Ann H. Lamont
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer, as attorney-in-fact
Date:08/12/2025
Grace A. Ames
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer, as attorney-in-fact
Date:08/12/2025
Andrew Adams
Signature:/s/ Edward F. Glassmeyer
Name/Title:Edward F. Glassmeyer, as attorney-in-fact
Date:08/12/2025
Exhibit Information

EXHIBIT A - Joint Filing Agreement EXHIBIT B - Power of Attorney

FAQ

How many Circle Internet Group (CRCL) Class A shares do the reporting persons beneficially own?

The filing reports beneficial ownership of 11,880,678 Class A shares.

What percentage of CRCL Class A stock does 11,880,678 shares represent?

The reported amount represents 5.7% of Class A common stock based on 207,650,578 shares outstanding cited in the prospectus.

Which reporting person has sole voting and dispositive power over the reported shares?

Oak Investment Partners XIII is reported to have sole voting and sole dispositive power over the 11,880,678 shares.

Do the filing persons claim to be a group regarding CRCL securities?

The filing states the reporting persons acknowledge they may be deemed a 'group' but each also disclaims membership in any group beyond the ownership reported.

Who signed or authorized the Schedule 13G filing on behalf of the reporting persons?

The signatures in the filing show Edward F. Glassmeyer signing for Oak entities and as an attorney-in-fact for certain individuals.
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