Cricut (NASDAQ: CRCT) grants 4,884 dividend-equivalent stock units
Rhea-AI Filing Summary
Cricut, Inc. reported that General Counsel & Secretary Matt Tuttle acquired 4,884 shares of Class A common stock on July 21, 2026, at $0.00 per share. The shares reflect dividend equivalent restricted stock units tied to a $0.10 semi-annual cash dividend, bringing his direct holdings to 418,054 shares.
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Insider Trade Summary
Net Buyer: 4,884 shares
Net Buy
1 txn
Insider
Tuttle Matt
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 4,884 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 418,054 shares (Direct)
Footnotes (1)
- F1. This reflects dividend equivalent restricted stock units that were granted in connection with a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on July 21, 2026, to stockholders of record at the close of business on July 7, 2026. Holders of restricted stock units that were unvested on the record date were automatically credited with a dividend equivalent based on the value of the per share dividend pursuant to the terms of the issuer's equity incentive documents.
Key Figures
Shares acquired: 4,884 shares
Post-transaction holdings: 418,054 shares
Grant price: $0.00 per share
+3 more
6 metrics
Shares acquired
4,884 shares
Grant, award, or other acquisition of Class A common stock on July 21, 2026
Post-transaction holdings
418,054 shares
Total direct Cricut Class A shares held by Matt Tuttle after the award
Grant price
$0.00 per share
Price for the 4,884 Class A shares acquired as a grant
Cash dividend
$0.10 per share
Recurring semi-annual cash dividend that generated the dividend equivalent units
Dividend payment date
July 21, 2026
Date the $0.10 per share semi-annual dividend was paid
Dividend record date
July 7, 2026
Stockholders of record at close of business received the cash dividend and equivalents
Key Terms
dividend equivalent restricted stock units, recurring semi-annual cash dividend, record date, equity incentive documents
4 terms
dividend equivalent restricted stock units financial
"This reflects dividend equivalent restricted stock units that were granted in connection"
recurring semi-annual cash dividend financial
"in connection with a recurring semi-annual cash dividend of $.10 per share"
record date financial
"paid on July 21, 2026, to stockholders of record at the close of business"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
equity incentive documents financial
"pursuant to the terms of the issuer's equity incentive documents"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Cricut (CRCT) report for Matt Tuttle?
Matt Tuttle acquired 4,884 Cricut Class A shares on July 21, 2026, at $0.00 per share. The award increased his direct holdings to 418,054 shares, as disclosed in this insider ownership report.
What dividend triggered the dividend equivalent units at Cricut (CRCT)?
The award was tied to a recurring semi-annual cash dividend of $0.10 per share. It was paid on July 21, 2026, to stockholders of record at the close of business on July 7, 2026, including eligible restricted stock unit holders.
Was Matt Tuttle’s Cricut (CRCT) transaction a market purchase or sale?
It was an award, not a market trade, coded as a grant or other acquisition at $0.00 per share. The shares arose from dividend equivalent restricted stock units rather than an open-market purchase or sale transaction.