CRCT Insider Sale: Matt Tuttle Disposes 40,491 Class A Shares

Rhea-AI Filing Summary

Matt Tuttle, General Counsel & Secretary of Cricut, Inc. (CRCT) reported the sale of 40,491 shares of Class A common stock on 08/08/2025 at a weighted average price of $5.6857 per share, with transaction prices in the range $5.6300 to $5.7400. The filing states the reporting person will provide further breakdown of shares sold at each price on request.

After the reported sale, the reporting person directly beneficially owned 329,164 shares of Class A common stock. No derivative transactions were reported on this Form 4.

Positive

• Reporting person retains direct ownership of 329,164 Class A shares
• Filing discloses weighted average sale price and commits to provide per-price breakdown

Negative

• Reporting person disposed of 40,491 Class A shares

Insights

Financial Analyst

TL;DR: Insider sale of 40,491 shares at a ~$5.69 weighted average; reporting person still holds 329,164 direct shares — routine disclosure.

The Form 4 documents a direct sale (Transaction Code S) by an officer of Cricut, with a reported weighted average sale price of $5.6857 and a disclosed price range of $5.6300 to $5.7400. The filing shows no derivative positions reported and states the reporting person will supply detailed per-price sell counts on request. Without information on total shares outstanding or market capitalization in this filing, materiality to shareholders cannot be determined from the form alone.

Corporate Governance Expert

TL;DR: Form 4 properly discloses an officer sale and remaining direct ownership; footnote commits to transparency on execution prices.

The disclosure identifies the reporting person as an officer and reports a direct disposition of 40,491 Class A shares with a weighted average price and an explicit price range. Table II (derivatives) is empty, indicating no options or other derivatives were reported. The footnote's commitment to provide per-price details supports traceability of the multiple transactions. The filing contains standard Section 16 reporting elements and does not, by itself, indicate governance irregularities.

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
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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^*

Tuttle Matt

(Last) (First) (Middle)

C/O CRICUT, INC.

10855 S RIVERFRONT PKWY

(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)
	General Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		S		40,491	D	$5.6857(1)	329,164	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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.6300 to $5.7400, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Lauren Curtin, by power of attorney	08/12/2025
	** 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

What did the Form 4 filed for Cricut (CRCT) report?

The Form 4 reports that Matt Tuttle, General Counsel & Secretary, sold 40,491 Class A shares on 08/08/2025 and directly owns 329,164 shares after the sale.

At what price were the shares sold in the CRCT Form 4?

The shares were sold at a weighted average price of $5.6857, with individual transaction prices reported in the range $5.6300 to $5.7400.

Were any derivative transactions reported for CRCT in this filing?

No. Table II (derivative securities) is empty, so the filing reports no options, warrants, or other derivatives.

Does the filing provide details on how many shares were sold at each price?

The filing includes a footnote stating the reported price is a weighted average and that the reporting person will provide the number of shares sold at each separate price upon request.

What is the reporting person’s role at Cricut as listed on the Form 4?

The Form 4 identifies the reporting person, Matt Tuttle, as an Officer with the title General Counsel & Secretary.