Cricut (CRCT) GC receives 3,810 dividend-equivalent stock units
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.
Positive
- None.
Negative
- None.
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.
How many Cricut (CRCT) shares does Matt Tuttle beneficially own after this transaction?
Following the reported transaction, Matt Tuttle beneficially owns 330,671 shares of Cricut Class A Common Stock, held in direct ownership.
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.
What is Matt Tuttle’s role at Cricut (CRCT) related to this insider filing?
Matt Tuttle is identified as an officer of Cricut, serving as General Counsel & Secretary, and he is the reporting person for this insider stock acquisition.