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Insider Notice: CRCT Proposed Sale of 18,771 Shares via Fidelity ($107K)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Cricut, Inc. (CRCT) Form 144 notice shows proposed sale of 18,771 Class A shares through Fidelity Brokerage Services with an aggregate market value of $106,994.70 and an approximate sale date of 08/15/2025. The filing discloses those shares were acquired as restricted stock vesting on 02/15/2024 (8,844 shares) and 05/15/2024 (9,927 shares) as compensation. The filing also reports a sale during the prior three months by Ryan Harmer of 12,819 Class A shares on 08/08/2025 for $72,816.64. The filer certifies no undisclosed material adverse information.

Positive

  • Insider compliance: The filer provides required Rule 144 disclosures including broker, acquisition dates, and sale amounts
  • Compensation origin: Shares sold were acquired via restricted stock vesting, indicating they were issued as compensation rather than purchased in open market

Negative

  • Insider selling: Proposed sale of 18,771 shares and recent sale of 12,819 shares are disclosed; while not contextualized here, insider sales can be viewed negatively by some investors
  • Limited context: The filing contains no information on whether the sales are part of a pre-established trading plan or the filer’s broader intent

Insights

TL;DR: Routine insider sale from vested restricted stock, disclosed under Rule 144; not a material corporate event by itself.

The filing documents a proposed sale of 18,771 Class A shares valued at $106,994.70 and recent prior sale of 12,819 shares for $72,816.64. The shares being sold were acquired via restricted stock vesting in 2024 as compensation, which is a common source for insider sales. This is a compliance disclosure under Rule 144 rather than an operational or financial disclosure about Cricut's business performance.

TL;DR: Disclosure aligns with insider reporting obligations; statement asserts absence of undisclosed material information.

The filer attests they do not possess undisclosed material adverse information and the notice references possible Rule 10b5-1 plan language in the remarks. The filing identifies the broker and dates of acquisition and sale, supporting transparency in insider transactions. No governance actions, leadership changes, or regulatory issues are disclosed in this document.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 for Cricut (CRCT) disclose?

The form discloses a proposed sale of 18,771 Class A shares valued at $106,994.70 with an approximate sale date of 08/15/2025, sold through Fidelity Brokerage Services.

How were the shares being sold acquired?

The shares were acquired as restricted stock vesting on 02/15/2024 (8,844 shares) and 05/15/2024 (9,927 shares) as compensation.

Did the filer sell any Cricut shares in the past three months?

Yes. The filing reports Ryan Harmer sold 12,819 Class A shares on 08/08/2025 for $72,816.64.

Through which broker will the proposed sale occur?

The proposed sale is set to occur through Fidelity Brokerage Services LLC, address listed in the filing.

Does the filing indicate undisclosed material information about Cricut?

The filer represents by signature that they do not know of any material adverse information about the issuer that has not been publicly disclosed.
Cricut, Inc.

NASDAQ:CRCT

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1.06B
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Computer Hardware
Special Industry Machinery, Nec
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United States
SOUTH JORDAN