Cricut (CRCT) CFO has 57,774 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cricut, Inc. Chief Financial Officer Shill Kimball C reported a tax-related share disposition tied to RSU vesting. On May 15, 2026, 57,774 shares of Class A Common Stock were withheld by the company at $4.03 per share to satisfy tax withholding obligations on four restricted stock unit awards.
These shares were not sold in the open market but withheld by the issuer. After this transaction, the filing shows 1,642,097 Class A shares held directly, plus indirect holdings of 205 shares held by a son and 614 shares held by a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Shill Kimball C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 57,774 | $4.03 | $233K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,642,097 shares (Direct, null);
Class A Common Stock — 614 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 57,774 shares
Withholding price: $4.03 per share
Direct holdings after transaction: 1,642,097 shares
+3 more
6 metrics
Tax-withheld shares
57,774 shares
Class A Common Stock withheld for tax obligations on RSU vesting
Withholding price
$4.03 per share
Value used when 57,774 shares were withheld for taxes
Direct holdings after transaction
1,642,097 shares
Class A Common Stock held directly by CFO following tax withholding
Indirect holdings via son
205 shares
Class A Common Stock held indirectly by son
Indirect holdings via spouse
614 shares
Class A Common Stock held indirectly by spouse
RSU grant dates referenced
April 1, 2022; April 20, 2022; June 27, 2024
Grant dates for RSU awards whose vesting triggered tax withholding
Key Terms
RSU, tax withholding obligations, Class A Common Stock, Form 4
4 terms
RSU financial
"vesting of four RSU awards granted to the reporting person on April 1, 2022, April 20, 2022, and June 27, 2024"
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
"shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of four RSU awards"
Class A Common Stock financial
"security_title: "Class A Common Stock" and transaction_shares: "57774.0000""
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
What insider transaction did Cricut (CRCT) report for its CFO?
Cricut’s CFO, Shill Kimball C, reported a tax-withholding disposition of 57,774 Class A shares. The issuer withheld these shares to cover taxes on vested RSU awards, rather than executing an open-market sale of stock.
Was the Cricut (CRCT) CFO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding event, not an open-market sale. Shares were withheld by Cricut to satisfy tax obligations from RSU vesting, a common, non-discretionary feature of equity compensation programs.
What triggered the tax withholding event in Cricut (CRCT) CFO’s filing?
The withholding was triggered by the vesting of four RSU awards granted on April 1, 2022, April 20, 2022, and June 27, 2024. Upon vesting, the issuer withheld shares to cover the CFO’s tax obligations on those stock-based compensation awards.