Cricut (NASDAQ: CRCT) GC has 5,577 shares withheld for RSU taxes

Rhea-AI Filing Summary

Cricut, Inc. General Counsel & Secretary Matt Tuttle reported a tax-related share disposition. On the vesting of three RSU awards, the company withheld 5,577 shares of Class A Common Stock at $4.03 per share to cover tax withholding obligations. After this non-market transaction, Tuttle directly holds 413,170 shares of Cricut Class A Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Tuttle Matt

Role General Counsel & Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	5,577	$4.03	$22K

Holdings After Transaction: Class A Common Stock — 413,170 shares (Direct, null)

Footnotes (1)

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Key Figures

Tax-withheld shares: 5,577 shares Per-share value for withholding: $4.03 per share Shares held after transaction: 413,170 shares +1 more

4 metrics

Tax-withheld shares 5,577 shares Withheld to satisfy RSU tax obligations

Per-share value for withholding $4.03 per share Value used for tax-withholding disposition

Shares held after transaction 413,170 shares Direct Class A Common Stock holdings after withholding

RSU grant dates April 20, 2022 and June 27, 2024 RSU awards whose vesting triggered tax withholding

Key Terms

RSU, tax withholding obligations, Class A Common Stock, tax-withholding disposition

4 terms

RSU financial

"in connection with the vesting of three RSU awards granted to the reporting person"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

tax withholding obligations financial

"These shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting"

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tuttle Matt

(Last) (First) (Middle)

C/O CRICUT, INC.

10855 S RIVERFRONT PKWY

(Street)

SOUTH JORDAN UTAH 84095

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Cricut, Inc. [ CRCT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel & Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/15/2026		F		5,577(1)	D	$4.03	413,170	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of three RSU awards granted to the reporting person on April 20, 2022 and June 27, 2024.

Remarks:

	/s/ Lauren Curtin, by power of attorney	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Cricut (CRCT) report for Matt Tuttle?

Cricut reported that General Counsel Matt Tuttle had 5,577 Class A shares withheld to cover tax obligations on RSU vesting. This was a tax-withholding disposition, not an open-market sale, and reflects routine compensation-related activity.

Was Matt Tuttle’s Cricut (CRCT) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Cricut to satisfy tax liabilities tied to vesting RSU awards, a common administrative step for equity-based compensation.

What price per share was used for Matt Tuttle’s withheld Cricut (CRCT) shares?

The 5,577 Class A Cricut shares were valued at $4.03 per share for the tax-withholding transaction. This figure is used to determine the value of shares applied against the RSU-related tax obligation at vesting.

How many Cricut (CRCT) shares does Matt Tuttle hold after this Form 4?

Following the tax-withholding disposition, Matt Tuttle directly holds 413,170 shares of Cricut Class A Common Stock. This remaining position shows that the withheld amount is small relative to his overall direct share ownership.

What triggered the tax withholding reported in Cricut (CRCT) General Counsel’s Form 4?

The tax withholding was triggered by the vesting of three RSU awards granted to Matt Tuttle on April 20, 2022 and June 27, 2024. Upon vesting, Cricut withheld shares to satisfy associated tax obligations instead of requiring a separate cash payment.