Cricut CEO has 203K shares withheld for taxes

Cricut, Inc. Chief Executive Officer Ashish Arora reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Cricut, Inc. Chief Executive Officer Ashish Arora reported a routine tax-related share disposition. On the vesting of three RSU awards granted on April 20, 2022 and June 27, 2024, the company withheld 203,403 shares of Class A Common Stock at $4.03 per share to cover tax withholding obligations.

After this non-market transaction, Arora continues to hold 4,521,592 shares of Cricut Class A Common Stock directly, indicating this filing reflects compensation-related tax settlement rather than an open-market share sale.

Insider Trade Summary

Exercise Price or Tax Liability: 203,403 shares

Exercise Price or Tax Liability 1 txn

Insider Ashish Arora

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	203,403	$4.03	$820K

Holdings After Transaction: Class A Common Stock — 4,521,592 shares (Direct)

Footnotes (1)

1. F1. These shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of three RSU awards granted to the reporting person on April 20, 2022 and June 27, 2024.

Key Figures

Tax-withheld shares: 203,403 shares Withholding price: $4.03 per share Post-transaction holdings: 4,521,592 shares

3 metrics

Tax-withheld shares 203,403 shares Shares withheld to satisfy tax obligations on RSU vesting

Withholding price $4.03 per share Value applied to Class A shares withheld for taxes

Post-transaction holdings 4,521,592 shares Class A shares directly held by Ashish Arora after transaction

Key Terms

RSU, tax withholding obligations, Class A Common Stock, Form 4

4 terms

RSU financial

"in connection with the vesting of three RSU awards granted to the reporting person"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

tax withholding obligations financial

"withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting"

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Cricut (CRCT) CEO Ashish Arora report?

Ashish Arora reported a tax-related share disposition. Cricut withheld 203,403 Class A shares at $4.03 per share to satisfy his tax obligations arising from vesting RSU awards, rather than him selling shares in the open market.

How many Cricut (CRCT) shares were used to cover Ashish Arora’s taxes?

Cricut withheld 203,403 shares of Class A Common Stock to cover Ashish Arora’s tax withholding obligations. These shares related to the vesting of three RSU awards granted in April 2022 and June 2024, and were not part of an open-market sale.

What price per share was applied to the Cricut (CRCT) tax withholding transaction?

The tax withholding transaction used a price of $4.03 per Cricut Class A share. This value determines how many shares were withheld to satisfy Ashish Arora’s tax obligations tied to his vesting RSU compensation awards.

How many Cricut (CRCT) shares does CEO Ashish Arora hold after this filing?

After the tax-withholding disposition, Ashish Arora directly holds 4,521,592 shares of Cricut Class A Common Stock. This shows he retains a substantial ownership position even after shares were withheld to cover RSU-related tax obligations.

Was the Cricut (CRCT) CEO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The company withheld 203,403 shares to cover Ashish Arora’s tax obligations from vesting RSU awards, a standard compensation-related process instead of a discretionary sale of shares into the market.

What awards triggered the Cricut (CRCT) CEO’s tax-withholding share disposition?

The disposition was triggered by vesting of three RSU awards granted to Ashish Arora on April 20, 2022 and June 27, 2024. When these RSUs vested, Cricut withheld shares to satisfy associated tax withholding obligations on the compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/18/2026 - 05:01 PM EDT Learn about SEC filing dates

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^*

Ashish Arora

(Last) (First) (Middle)

C/O CRICUT, INC.

10855 SOUTH RIVER FRONT PARKWAY

(Street)

SOUTH JORDAN UTAH 84095

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

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

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

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	05/15/2026		F		203,403(1)	D	$4.03	4,521,592	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

Explanation of Responses:

1. These shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of three RSU awards granted to the reporting person on April 20, 2022 and June 27, 2024.

Remarks:

	/s/ Lauren Curtin, by power of attorney	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)