Cricut (NASDAQ: CRCT) awards CEO 65,737 dividend-equivalent shares
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 65,737 | $0.00 | -- |
Footnotes (1)
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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.
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.
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.