Cricut, Inc. (CRCT) awards CEO 65,212 dividend-equivalent stock units
Rhea-AI Filing Summary
Ashish Arora reported acquisition or exercise transactions in this Form 4 filing.
Cricut, Inc. chief executive officer and 10% owner Ashish Arora received 65,212 shares of Class A Common Stock on July 21, 2026 as dividend equivalent restricted stock units tied to a recurring semi-annual cash dividend of $0.10 per share. The award relates to previously granted unvested RSUs and increases his direct holdings to 4,387,105 shares; it was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 65,212 shares
Net Buy
1 txn
Insider
Ashish Arora
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 65,212 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 4,387,105 shares (Direct)
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 July 21, 2026, to stockholders of record at the close of business on July 7, 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.
Key Figures
Shares granted: 65,212 shares
Total holdings after transaction: 4,387,105 shares
Cash dividend per share: $0.10 per share
+1 more
4 metrics
Shares granted
65,212 shares
Dividend equivalent restricted stock units granted on July 21, 2026
Total holdings after transaction
4,387,105 shares
Class A Common Stock directly owned by Ashish Arora after the award
Cash dividend per share
$0.10 per share
Recurring semi-annual cash dividend paid July 21, 2026
Dividend record date
July 7, 2026
Stockholders of record eligible for the $0.10 per share dividend
Key Terms
dividend equivalent restricted stock units, restricted stock units, record date, equity incentive documents
4 terms
dividend equivalent restricted stock units financial
"This reflects dividend equivalent restricted stock units that were granted"
restricted stock units financial
"Holders of restricted stock units that were unvested on the record date"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
record date financial
"paid on July 21, 2026, to stockholders of record at the close"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
equity incentive documents financial
"pursuant to the terms of the issuer's equity incentive documents"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Cricut (CRCT) CEO Ashish Arora report?
Ashish Arora reported receiving 65,212 shares as a stock award. These are dividend equivalent restricted stock units granted in connection with Cricut’s semi-annual $0.10 per share cash dividend paid July 21, 2026 to stockholders of record on July 7, 2026.
What are dividend equivalent restricted stock units at Cricut (CRCT)?
Dividend equivalent restricted stock units give holders additional stock units instead of cash when dividends are paid. At Cricut, unvested RSU holders were automatically credited units based on the $0.10 per share semi-annual dividend paid July 21, 2026 to eligible stockholders of record.
Was Ashish Arora’s latest Cricut (CRCT) insider transaction under a Rule 10b5-1 plan?
The reported award was not made under a Rule 10b5-1 trading plan. The transaction is classified as a grant or award acquisition of dividend equivalent restricted stock units connected to Cricut’s recurring semi-annual cash dividend.
What type of security did Ashish Arora receive in this Cricut (CRCT) transaction?
Ashish Arora received Class A Common Stock through dividend equivalent restricted stock units. These units were granted at an effective price of $0.00 per share, reflecting a non-cash stock-based award rather than an open-market purchase or sale.