Cricut (CRCT) director reports 616,079 Class B shares distributed

Rhea-AI Filing Summary

Cricut, Inc. director Jason Makler reported indirect holdings and a partnership distribution involving the company’s dual-class stock. On February 13, 2026, Petrus Employee Profit Share, L.P. distributed, without consideration and under its partnership agreement, 2,082,203 shares of Class B Common Stock to its limited partners, including Makler.

Following the reported transaction, Makler indirectly beneficially owned 2,332,794 shares of Class B Common Stock, each convertible into one share of Class A Common Stock with no expiration date, and 19,999 shares of Class A Common Stock held by the Jason and Alisa Makler Living Trust, for which he serves as co‑trustee. The Class A position was reported voluntarily, with no transaction in those shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Makler Jason

Role Director

Type	Security	Shares	Price	Value
Other	Class B Common Stock	616,079	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 2,332,794 shares (Indirect, See footnote); Class A Common Stock — 19,999 shares (Indirect, See footnote)

Footnotes (1)

1. The reporting person has not engaged in a transaction involving Class A Common Stock and is voluntarily reporting information in this Table I. The shares are held by the Jason and Alisa Makler Living Trust dated July 10, 2020, for which the reporting person serves as co-trustee. On February 13, 2026, Petrus Employee Profit Share, L.P. (PAM2) distributed, without consideration and in accordance with its partnership agreement, 2,082,203 shares of Class B Common Stock to its limited partners, including the reporting person. The limited partners of PAM2 are employees of the Petrus Asset Management Company division of the Petrus Trust Company, LTA (PTC), and PAM2's shares are being distributed to the employee limited partners in five annual distributions starting in 2022. The distribution is exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the Act). Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

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^*

Makler Jason

(Last) (First) (Middle)

C/O PETRUS TRUST COMPANY

3000 TURTLE CREEK BOULEVARD

(Street)

DALLAS TX 75219

(City) (State) (Zip)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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

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

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

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(1)								19,999	I	See footnote(2)

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
Class B Common Stock	(3)	02/13/2026		J(3)		616,079		(4)	(4)	Class A Common Stock	616,079	(4)	2,332,794	I	See footnote(2)

Explanation of Responses:

1. The reporting person has not engaged in a transaction involving Class A Common Stock and is voluntarily reporting information in this Table I.

2. The shares are held by the Jason and Alisa Makler Living Trust dated July 10, 2020, for which the reporting person serves as co-trustee.

3. On February 13, 2026, Petrus Employee Profit Share, L.P. (PAM2) distributed, without consideration and in accordance with its partnership agreement, 2,082,203 shares of Class B Common Stock to its limited partners, including the reporting person. The limited partners of PAM2 are employees of the Petrus Asset Management Company division of the Petrus Trust Company, LTA (PTC), and PAM2's shares are being distributed to the employee limited partners in five annual distributions starting in 2022. The distribution is exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the Act).

4. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

Remarks:

	/s/ Lauren Curtin, by power of attorney	02/17/2026
	** 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.

FAQ

What insider transaction did Cricut (CRCT) director Jason Makler report?

Jason Makler reported a partnership distribution of Class B shares. On February 13, 2026, Petrus Employee Profit Share, L.P. distributed 2,082,203 Cricut Class B Common shares to its limited partners, including Makler, without consideration, under its partnership agreement and relying on Exchange Act exemptions.

How many Cricut (CRCT) Class B shares does Jason Makler indirectly own after this filing?

Makler indirectly beneficially owns 2,332,794 Class B shares after the transaction. These shares are reported as indirect ownership and follow a February 13, 2026 partnership distribution of Class B Common Stock to limited partners of Petrus Employee Profit Share, L.P., including the reporting person.

Are Cricut (CRCT) Class B shares convertible into Class A shares for Jason Makler?

Each Cricut Class B share is convertible into one Class A share. The filing states that every share of Class B Common Stock can be converted into one share of Class A Common Stock at the holder’s option and that these Class B shares have no expiration date.

Did Jason Makler trade Cricut (CRCT) Class A Common Stock in this Form 4?

No transaction occurred in Cricut Class A shares for Makler. The filing explains he did not engage in a transaction involving Class A Common Stock and is voluntarily reporting 19,999 indirectly held Class A shares in Table I for transparency, held through a family living trust.

How are Jason Makler’s Cricut (CRCT) shares held according to the filing?

Makler’s reported Cricut holdings are indirect. The Class A Common Stock is held by the Jason and Alisa Makler Living Trust, where he is co‑trustee. The Class B Common Stock is held indirectly following a distribution to limited partners of Petrus Employee Profit Share, L.P., including Makler.

What is special about the partnership distribution reported for Cricut (CRCT) shares?

The Cricut Class B distribution was made without consideration. Petrus Employee Profit Share, L.P. distributed 2,082,203 Class B Common shares to employee limited partners as part of five annual distributions starting in 2022, relying on Rule 16a‑9(a) and Rule 16a‑13 exemptions under the Exchange Act.