Cricut CEO and 10% owner reports planned CRCT stock sales
Rhea-AI Filing Summary
Cricut, Inc. (CRCT) disclosed that its Chief Executive Officer, who is also a director and 10% owner, filed a Form 4 reporting planned stock sales under a Rule 10b5-1 trading plan adopted on August 20, 2025. The insider sold 60,000 shares of Class A common stock on November 21, 2025 at a weighted average price of $4.8287, 10,628 shares on November 24, 2025 at a weighted average price of $4.7681, and 33,561 shares on November 25, 2025 at a weighted average price of $4.8195. After these transactions, the reporting person beneficially owned 4,386,252 shares of Cricut Class A common stock, held directly.
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FAQ
What insider activity did Cricut (CRCT) disclose in this Form 4?
The filing reports that Cricut's Chief Executive Officer, who is also a director and 10% owner, sold shares of Class A common stock in three separate transactions and updated his beneficial ownership.
How many Cricut (CRCT) shares did the insider sell and on which dates?
The insider sold 60,000 shares on November 21, 2025, 10,628 shares on November 24, 2025, and 33,561 shares on November 25, 2025, all reported as open-market sales.
What prices were received for the Cricut (CRCT) share sales?
The reported prices are weighted averages: $4.8287 per share on November 21, 2025, $4.7681 per share on November 24, 2025, and $4.8195 per share on November 25, 2025.
How many Cricut (CRCT) shares does the insider own after these transactions?
Following the reported sales, the reporting person beneficially owned 4,386,252 shares of Cricut Class A common stock, held as direct ownership.
Was the Cricut (CRCT) insider trading under a Rule 10b5-1 plan?
Yes. The explanation states that the sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 20, 2025.
What does it mean that the reported prices are weighted averages for CRCT trades?
The filing notes that each reported price is a weighted average of multiple trades executed within stated price ranges, and the insider offers to provide exact per-trade details upon request.