Filing Details
- Accession Number:
- 0001828962-25-000130
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-07-23 17:38:20
- Reporting Period:
- 2025-07-21
- Filing Date:
- 2025-07-23
- Accepted Time:
- 2025-07-23 17:38:20
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1828962 | Cricut Inc. | CRCT | Special Industry Machinery, Nec (3559) | 870282025 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1851564 | Arora Ashish | C/O Cricut, Inc. 10855 South River Front Parkway South Jordan UT 84095 | Chief Executive Officer | Yes | Yes | Yes | No |
Transaction Summary
Sold: | 63,750 shares | Avg. Price: $5.51 | Total Value: $351,096.75 |
Number of Shares After Transactions: | 3,036,561 shares |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2025-07-21 | 21,250 | $5.46 | 2,737,192 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2025-07-21 | 341,869 | $0.00 | 3,079,061 | No | 4 | A | Direct | |
Class A Common Stock | Disposition | 2025-07-22 | 21,250 | $5.49 | 3,057,811 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2025-07-23 | 21,250 | $5.58 | 3,036,561 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | A | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | Employee Stock Option (right to buy) | $17.50 | 2026-03-24 | 2,218,889 | 2,218,889 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2026-03-24 | 2,218,889 | 2,218,889 | Direct |
Footnotes
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2024.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.3700 to $5.5600, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- This reflects dividend equivalent restricted stock units that were granted in connection with a special one-time cash dividend of $.75 per share and a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on July 21, 2025, to stockholders of record at the close of business on July 7, 2025. Holders of restricted stock units that were unvested on the record date were automatically credited with a dividend equivalent based on the value of the per share dividend pursuant to the terms of the issuer's equity incentive documents.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.4100 to $5.5750, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.4900 to $5.6150, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Reflects equitable adjustment to the option exercise price pursuant to the underlying plan in connection with Cricut's special cash dividends declared on December 21, 2022, May 18, 2023, May 7, 2024, and May 6, 2025. Pursuant to the adjustment, the exercise price was reduced by $2.50.
- Shares subject to the option are fully vested and immediately exercisable.