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Cricut (NASDAQ: CRCT) awards CEO 65,737 dividend-equivalent shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cricut, Inc. director, chief executive officer and 10% owner Ashish Arora reported receiving 65,737 shares of Class A common stock on January 20, 2026. The shares were acquired at a price of $0 per share and are described as dividend equivalent restricted stock units granted in connection with the company’s recurring semi-annual cash dividend of $0.10 per share, paid on January 20, 2026 to stockholders of record as of January 6, 2026. After this grant, Arora directly owns 4,243,659 shares of Cricut Class A common stock.

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Insider Ashish Arora
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 65,737 $0.00 --
Holdings After Transaction: Class A Common Stock — 4,243,659 shares (Direct)
Footnotes (1)
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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 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)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026
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 01/20/2026 A 65,737(1) A $0 4,243,659 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. 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 January 20, 2026, to stockholders of record at the close of business on January 6, 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.
Remarks:
/s/ Lauren Curtin, by power of attorney 01/22/2026
** 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) report for Ashish Arora?

Ashish Arora, a director, chief executive officer and 10% owner of Cricut, Inc., reported acquiring 65,737 shares of Class A common stock on January 20, 2026.

Was the Cricut (CRCT) insider transaction a purchase or a sale?

The transaction was an acquisition of Class A common stock by Ashish Arora, reported with transaction code A and a price of $0 per share.

Why did Ashish Arora receive 65,737 Cricut (CRCT) shares at $0?

The 65,737 shares reflect dividend equivalent restricted stock units granted in connection with Cricut’s recurring semi-annual $0.10 per share cash dividend.

What dividend event is associated with this Cricut (CRCT) Form 4 filing?

The dividend equivalents relate to a recurring semi-annual $0.10 per share cash dividend paid on January 20, 2026 to stockholders of record at the close of business on January 6, 2026.

How many Cricut (CRCT) shares does Ashish Arora own after this transaction?

Following the reported grant, Ashish Arora beneficially owns 4,243,659 shares of Cricut Class A common stock, held in direct ownership.

What are dividend equivalent restricted stock units in this Cricut (CRCT) filing?

The filing explains that holders of unvested restricted stock units on the record date were automatically credited with a dividend equivalent based on the $0.10 per share cash dividend, pursuant to Cricut’s equity incentive documents.

Cricut, Inc.

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847.13M
50.64M
Computer Hardware
Special Industry Machinery, Nec
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United States
SOUTH JORDAN