Cricut (CRCT) Form 144 shows insider selling 340K Class A shares

Rhea-AI Filing Summary

Cricut, Inc. (CRCT) Form 144 notice reports a proposed sale of 340,000 shares of Class A common stock through Goldman Sachs & Co. LLC with an aggregate market value of $1,876,800, and lists acquisition details showing those shares were received as restricted stock units on 03/01/2018 as compensation. The filing identifies the selling individual (Ashish Arora) via multiple recent transactions in 2025, with numerous reported sales of Class A common stock on dates across May–August 2025. The form includes the seller's representation that no undisclosed material adverse information is known and notes the broker and approximate sale date of 08/15/2025.

Positive

• None.

Negative

• Planned insider sale of 340,000 Class A shares with an aggregate market value of $1,876,800 (approximate sale date 08/15/2025)
• Multiple prior sales in 2025 by the same individual are listed, indicating continued insider dispositions during May–August 2025

Insights

Securities Analyst

TL;DR: Routine insider liquidation: executive plans to sell vested RSUs totaling 340,000 shares worth about $1.88M, with multiple earlier 2025 sales.

The filing documents a planned sale under Rule 144 by an insider who acquired the shares as compensation in 2018. The transaction is being handled by Goldman Sachs and is scheduled approximately for 08/15/2025. The schedule of recent sales shows consistent dispositions throughout May–August 2025, indicating ongoing liquidity activity rather than a single isolated sale. For investors, this is a disclosure of insider selling activity; the filing itself contains no operational or financial performance data.

Corporate Governance Expert

TL;DR: Disclosure complies with Rule 144; shows an insider monetizing vested equity, with required certification about material nonpublic information.

The form includes the required representation that the seller is not aware of undisclosed material adverse information and notes the shares were acquired as restricted stock units in 2018. The presence of numerous prior sales in 2025 demonstrates ongoing compliance with reporting obligations. No governance actions, departures, or amendments are disclosed in this filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	340000	1876800	53976481	08/15/2025	NASD

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	03/01/2018	Acquired as compensation -- Restricted Stock Units	Cricut, Inc.			340000	03/01/2018	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/07/2025	21250	134595.38
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	05/23/2025	21250	126554.38
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	08/13/2025	21250	118305.13
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	05/21/2025	60000	370710
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	05/22/2025	51507	316242.68
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/23/2025	21250	118551.63
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/09/2025	21250	127092
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/17/2025	21250	140532.63
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/18/2025	21250	140101.25
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/16/2025	21250	139043
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/08/2025	21250	128254.38
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	05/22/2025	8493	51463.33
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/04/2025	38750	244117.25
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	05/14/2025	60000	373308
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/04/2025	21250	135636.63
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/16/2025	38750	251049.63
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	05/23/2025	38750	229640.25
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/02/2025	38750	239916.75
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/03/2025	38750	240959.13
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/03/2025	21250	134278.75
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/21/2025	21250	115927.25
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/02/2025	21250	133569
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	08/14/2025	21250	119807.5
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/22/2025	21250	116617.88
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/17/2025	38750	253870.63
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	06/18/2025	38750	253839.63
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/07/2025	38750	240552.25
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/08/2025	38750	230461.75
Ashish Arora 10855 South River Front Parkway South Jordan UT 84095	Class A Common	07/09/2025	32239	190538.94

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for CRCT disclose?

The form discloses a proposed sale of 340,000 Class A shares via Goldman Sachs, aggregate market value $1,876,800, approximate sale date 08/15/2025.

Who is the selling person named on the Form 144?

The seller listed in the filing is Ashish Arora, with multiple prior sales of Class A common stock in 2025.

How were the 340,000 shares acquired?

The shares were acquired on 03/01/2018 as compensation in the form of Restricted Stock Units from Cricut, Inc.

Which broker is handling the proposed sale?

The sale is to be executed through Goldman Sachs & Co. LLC (200 West Street, New York, NY).

Does the filing state any undisclosed material information?

By signing, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.