Cricut counsel granted 3,810 dividend-equivalent shares
Cricut, Inc.'s General Counsel and Secretary, Matt Tuttle, reported an automatic acquisition of company stock tied to a dividend.
Rhea-AI Filing Summary
Cricut, Inc.'s General Counsel and Secretary, Matt Tuttle, reported an automatic acquisition of company stock tied to a dividend. On January 20, 2026, he acquired 3,810 shares of Class A Common Stock at a price of $0 per share, bringing his total beneficial ownership to 330,671 shares, held directly.
These shares represent dividend equivalent restricted stock units granted in connection with Cricut’s recurring semi-annual cash dividend of $0.10 per share, paid on January 20, 2026 to stockholders of record as of January 6, 2026. Holders of unvested restricted stock units were automatically credited with additional units based on the cash dividend under the company’s equity incentive documents.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,810 | $0.00 | $0.00 |
Footnotes (1)
- F1. This reflects dividend equivalent restricted stock units that were granted in connection with a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on January 20, 2026, to stockholders of record at the close of business on January 6, 2026. 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.
FAQ
What insider transaction did Cricut (CRCT) report for Matt Tuttle?
Cricut's General Counsel and Secretary, Matt Tuttle, acquired 3,810 shares of Class A Common Stock on January 20, 2026. The shares were received at a price of $0 per share as part of a dividend-equivalent grant, not an open-market purchase.
What are dividend equivalent restricted stock units in this Cricut (CRCT) filing?
The filing states that the dividend equivalent restricted stock units were granted in connection with a recurring semi-annual cash dividend of $0.10 per share. Holders of unvested restricted stock units were automatically credited with additional units based on the value of this dividend under Cricut’s equity incentive documents.
What dividend triggered the RSU grant in this Cricut (CRCT) insider transaction?
The RSU grant was tied to Cricut’s recurring semi-annual cash dividend of $0.10 per share, which was paid on January 20, 2026 to stockholders of record at the close of business on January 6, 2026.
Was the Cricut (CRCT) insider transaction a purchase on the open market?
No. The transaction is coded as an “A” (acquisition) and reflects automatic grant of dividend equivalent restricted stock units at a price of $0 per share, rather than a cash purchase in the open market.
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