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.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 33,561 | $4.8195 | $162K |
| Sale | Class A Common Stock | 10,628 | $4.7681 | $51K |
| Sale | Class A Common Stock | 60,000 | $4.8287 | $290K |
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 20, 2025. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.7500 to $4.8850, 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 $4.7500 to $4.8100, 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 $4.7600 to $4.8550, 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.
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.
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.