Ashish Arora - 21 Jul 2025 Form 4 Insider Report for Cricut, Inc. (CRCT)

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: CRCT
Reported as of: 21 Jul 2025
Net transaction value: -$351,097
SEC form: 4
Accepted by SEC: 23 Jul 2025, 17:38:20 UTC
Prior SEC filing: 09 Jul 2025
Next SEC filing: 15 Aug 2025
Source filing: View source filing
Reporting owner signature: /s/ Lauren Curtin, by power of attorney

Key filing fact

Ashish Arora filed Form 4 for Cricut, Inc. (CRCT) on 23 Jul 2025.

Key facts

This page summarizes Ashish Arora's Form 4 filing for Cricut, Inc. (CRCT).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 23 Jul 2025, 17:38.

Change

Previous filing in this sequence was filed on 09 Jul 2025.
Current net transaction value: -$351,097.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001851564 Primary reporting owner

Ashish Arora

Relationship: Chief Executive Officer, Director, 10%+ Owner
Address: C/O CRICUT, INC., 10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN
Signature: /s/ Lauren Curtin, by power of attorney
Signature date: 23 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CRCT transaction

Class A Common Stock

Sale

Transaction value: $115,927
Shares: -21,250
Change %: -0.77%
Price: $5.46
Shares after: 2,737,192
Date: 21 Jul 2025
Ownership: Direct
Footnotes: F1, F2

CRCT transaction

Class A Common Stock

Award

Transaction value: $0
Shares: +341,869
Change %: +12%
Price: $0.000000
Shares after: 3,079,061
Date: 21 Jul 2025
Ownership: Direct
Footnotes: F3

CRCT transaction

Class A Common Stock

Sale

Transaction value: $116,618
Shares: -21,250
Change %: -0.69%
Price: $5.49
Shares after: 3,057,811
Date: 22 Jul 2025
Ownership: Direct
Footnotes: F1, F4

CRCT transaction

Class A Common Stock

Sale

Transaction value: $118,552
Shares: -21,250
Change %: -0.69%
Price: $5.58
Shares after: 3,036,561
Date: 23 Jul 2025
Ownership: Direct
Footnotes: F1, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CRCT holding Derivative

Employee Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,218,889
Date: 21 Jul 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 2,218,889
Exercise price: $17.50
Footnotes: F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 7 footnotes

Footnote F1

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.

Footnote F2

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.

Footnote F3

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.

Footnote F4

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.

Footnote F5

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.

Footnote F6

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.

Footnote F7

Shares subject to the option are fully vested and immediately exercisable.