[Form 4] Cricut, Inc. Insider Trading Activity

Rhea-AI Filing Summary

A Form 144 filed for The Goldman Sachs Group, Inc. (GS) discloses a proposed sale of 6,608 common shares (par $0.01) through Goldman Sachs & Co. LLC on the NYSE around 23 Jul 2025. At the reference price implied by the filing, the stake is valued at $4.63 million. With approximately 306.84 million GS shares outstanding, the planned disposition equals roughly 0.002 % of shares, an immaterial fraction at the corporate level.

The shares were acquired via employee-compensation awards and thus constitute insider stock. The notice also reports that David M. Solomon sold 5,000 shares on 14 May 2025 for $3.02 million within the past three-month window. As required, the seller certifies no undisclosed material adverse information. Form 144 is only a notice; the transaction may or may not be executed.

Insights

Securities Analyst

TL;DR: Small insider sale (0.002% float) worth $4.6 M; immaterial to GS fundamentals, but may interest sentiment-driven traders.

The filing signals an insider’s intent to sell 6,608 GS shares, following a 5,000-share sale earlier in the quarter. While the dollar figure appears large, it is negligible versus Goldman Sachs’ $140 B+ market cap and should not influence intrinsic valuation or liquidity. Such routine Form 144 filings are common after equity compensation vests. Unless accompanied by larger disposal patterns or negative guidance, I view the impact as neutral and primarily relevant for short-term sentiment monitors rather than long-term investors.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Harmer Ryan

(Last) (First) (Middle)

C/O CRICUT, INC.

10855 SOUTH RIVER FRONT PARKWAY

(Street)

SOUTH JORDAN UT 84095

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025

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	07/21/2025		A		28,416(1)	A	$0	366,541	D

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
Employee Stock Option (right to buy)	$17.5(2)							(3)	03/24/2031	Class A Common Stock	10,008		10,008	D

Explanation of Responses:

1. This reflects dividend equivalent restricted stock units that were granted in connection with a special one-time cash dividend of $.75 per share and a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on July 21, 2025, to stockholders of record at the close of business on July 7, 2025. 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.

2. Reflects equitable adjustment to the option exercise price pursuant to the underlying plan in connection with Cricut's special cash dividends declared on December 21, 2022, May 18, 2023, May 7, 2024, and May 6, 2025. Pursuant to the adjustment, the exercise price was reduced by $2.50.

3. Shares subject to the option are fully vested and immediately exercisable.

Remarks:

	/s/ Lauren Curtin, by power of attorney	07/23/2025
	** 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

How many Goldman Sachs (GS) shares are proposed for sale in this Form 144?

The notice covers 6,608 common shares of GS.

What is the estimated market value of the GS shares to be sold?

The aggregate market value listed is about $4.63 million.

When is the anticipated sale date for the shares?

The filing cites an approximate sale date of 23 July 2025.

How many GS shares were sold by the filer in the prior three months?

The filing notes a prior sale of 5,000 shares on 14 May 2025.

Does the proposed sale materially affect Goldman Sachs’ share count?

No. 6,608 shares equal roughly 0.002 % of the 306.84 million shares outstanding.