CRCT CEO sold shares 10/15–10/17 under 10b5-1; 2,668,146 held
Rhea-AI Filing Summary
Cricut, Inc. (CRCT) insider activity: The CEO, who is also a director and 10% owner, reported open‑market sales of Class A common stock over three days under a Rule 10b5‑1 trading plan adopted on August 19, 2024.
Sales were 21,250 shares at a weighted average price of $5.4699 on 10/15/2025; 11,211 shares at $5.2666 on 10/16/2025; and 17,204 shares at $5.2652 on 10/17/2025. Following these transactions, the reporting person beneficially owns 2,668,146 shares directly.
Positive
- None.
Negative
- None.
Insights
Pre‑planned insider sales with large holdings retained.
The CEO, also a director and 10% owner, executed three sales of Class A shares pursuant to a Rule 10b5‑1 plan adopted on August 19, 2024. Reported weighted average prices were $5.4699 (10/15), $5.2666 (10/16), and $5.2652 (10/17), reflecting execution across disclosed price ranges.
Form 4 shows direct beneficial ownership of 2,668,146 shares after the trades, indicating a substantial remaining stake. Because trades were pre‑planned, interpretation depends on plan parameters and market conditions at execution.
The footnotes list price ranges for each day, e.g., $5.4100–$5.5450 on 10/15. Actual impact depends on ongoing insider activity disclosed in future Forms 4 and company updates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,204 | $5.2652 | $91K |
| Sale | Class A Common Stock | 11,211 | $5.2666 | $59K |
| Sale | Class A Common Stock | 21,250 | $5.4699 | $116K |
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2024. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.4100 to $5.5450, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.2500 to $5.3300, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.2500 to $5.2950, 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.