Chief Commercial Officer · Circle Internet Group, Inc. (CRCL)

Kash Razzaghi

Kash Razzaghi, Chief Commercial Officer of Circle Internet Group, Inc., received total compensation of $20,796,220 for fiscal year 2025. This amount includes a base salary of $483,333, a cash bonus of $2,056,250, and stock-based compensation of $18,207,867.

FY2025 is the first fiscal year CompBrief holds for Kash Razzaghi as a named executive officer of Circle Internet; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$20,796,220

Compensation figures as of the proxy filed April 1, 2026 (DEF 14A).

Kash Razzaghi compensation by year

Circle Internet Summary Compensation Table · the one fiscal year held
In US dollars, as Circle Internet reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2025
Salary$483,333
Bonus$1,356,250
Stock awards$10,207,876
Option awards$7,999,991
Non-equity incentive$700,000
Pension and deferred compensation$0
All other$48,770
Total$20,796,220

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Circle Internet Group, Inc. DEF 14A filed April 1, 2026, accession 0001876042-26-000112, and prior-year filings. Open the filing on EDGAR.

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU92,666$7,348,414—
RSU52,000$4,123,600—
RSU28,560$2,264,808—
RSU6,164$488,805—
Option96,137—$131.98
Option12,729—$32.95

Per the Outstanding Equity Awards at Fiscal Year-End table in Circle Internet Group, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Circle Internet’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Kash Razzaghi · this pageChief Commercial Officer$20,796,220
Jeremy AllaireChairman and Chief Executive Officer$16,260,836
Heath TarbertPresident$9,361,366
Nikhil ChandhokChief Product and Technology Officer$7,878,397
Jeremy Fox-GeenChief Financial Officer$7,769,983

The full Circle Internet compensation record

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Circle Internet's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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