Cricut CFO reports tax-withholding share disposition
Cricut, Inc.’s Chief Financial Officer Shill Kimball C reported a tax-related share disposition.
Rhea-AI Filing Summary
Cricut, Inc.’s Chief Financial Officer Shill Kimball C reported a tax-related share disposition. On this Form 4, 62,029 shares of Class A Common Stock were withheld by Cricut at $4.69 per share to cover tax obligations from vesting restricted stock units.
After this withholding, the CFO directly owns 1,374,871 shares of Class A Common Stock. The filing also lists indirect holdings of 614 shares held by the spouse and 205 shares held by the son, reflecting family ownership positions reported for transparency.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 62,029 shares
Exercise Price or Tax Liability
3 txns
Insider
Shill Kimball C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 62,029 | $4.69 | $291K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,374,871 shares (Direct);
Class A Common Stock — 614 shares (Indirect, By Spouse);
Class A Common Stock — 205 shares (Indirect, By Son)
Footnotes (1)
- F1. These shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of two RSU awards granted to the reporting person on March 21, 2023 and March 26, 2025.
FAQ
What insider transaction did Cricut (CRCT) report for its CFO?
Cricut’s CFO reported a tax-withholding disposition of shares. The company withheld 62,029 Class A shares at $4.69 each to satisfy tax obligations from vesting RSU awards, rather than an open-market sale.
Was the Cricut (CRCT) CFO Form 4 an open-market sale?
The filing shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Cricut to satisfy tax obligations from vesting RSUs, which is common for equity compensation rather than a discretionary stock sale.
What does transaction code F mean in Cricut (CRCT) CFO’s Form 4?
Transaction code F indicates shares used to pay exercise price or tax liability. In this case, Cricut withheld 62,029 shares to cover the CFO’s RSU-related tax obligations, instead of the executive paying cash for the taxes.
AI-generated analysis. How Rhea-AI works. Not financial advice.