CRCT Insider Notice: 40,491 Class A Shares Listed for Sale via Fidelity
Rhea-AI Filing Summary
Cricut, Inc. (CRCT) filed a Form 144 notifying a proposed sale of 40,491 Class A shares through Fidelity Brokerage Services on NASDAQ, with an aggregate market value of $230,219.11 and total shares outstanding reported as 53,976,481. The filing lists an approximate sale date of 08/08/2025.
The notice details how the shares were acquired: several pre-IPO purchases between 2016–2019 paid in cash and restricted stock vesting events in 2022–2024 recorded as compensation. The filer reports no securities sold in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information concerning the issuer.
Positive
- Full transaction details disclosed: broker, exchange, share count, aggregate market value, and approximate sale date are provided
- Acquisition history transparent: entries show pre-IPO purchases and restricted stock vesting with payment types (cash or compensation)
- No recent sales reported in the past three months, limiting immediate sell-signal concerns
Negative
- Filer identification/contact fields appear blank in the provided extract (CIK/CCC and submission contact details not shown)
- Signature or date of notice not visible in the provided content extract, which could indicate missing administrative details
Insights
TL;DR: A routine insider sale notice for ~40k Class A shares totaling ~$230k; looks administratively standard and not materially market-moving.
The Form 144 discloses a proposed sale routed through Fidelity with clear acquisition history showing pre-IPO purchases and later restricted stock vesting. The reported aggregate market value is $230,219.11. No sales were reported in the prior three months, which limits immediate sell-side signal activity. Absent additional context on holder identity or larger related transactions, this filing appears informational rather than broadly material to CRCT valuation.
TL;DR: Disclosure covers required details on planned sale and acquisition history but some filer identification fields appear unpopulated in the provided content.
The filing lists the broker, exchange, share counts, acquisition dates, and payment nature, meeting core Form 144 disclosure elements. The acquisition entries show a mix of pre-IPO cash purchases and restricted stock vesting recorded as compensation. The content provided, however, does not display filer identification or contact fields filled in the extract; if those are missing from the submitted form, it could be an administrative deficiency although not an operational disclosure about the issuer itself.