Cricut (NASDAQ: CRCT) CEO sells 120,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cricut, Inc. Chief Executive Officer Ashish Arora reported open-market sales of a total of 120,000 shares of Class A Common Stock. He sold 60,000 shares on May 21, 2026 at a weighted average price of $3.9531 per share and 60,000 shares on May 20, 2026 at a weighted average price of $3.9494 per share. These transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan. Following the sales, Arora directly owns 4,401,592 shares of Cricut Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 120,000 shares ($474,150)
Net Sell
2 txns
Insider
Ashish Arora
Role
Chief Executive Officer
Sold
120,000 shs ($474K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 60,000 | $3.9531 | $237K |
| Sale | Class A Common Stock | 60,000 | $3.9494 | $237K |
Holdings After Transaction:
Class A Common Stock — 4,401,592 shares (Direct, null)
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 $3.8950 to $3.9950, 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 $3.8600 to $4.0300, 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.
Key Figures
Shares sold May 21, 2026: 60,000 shares at $3.9531
Shares sold May 20, 2026: 60,000 shares at $3.9494
Total shares sold: 120,000 shares
+3 more
6 metrics
Shares sold May 21, 2026
60,000 shares at $3.9531
Open-market sale of Class A Common Stock
Shares sold May 20, 2026
60,000 shares at $3.9494
Open-market sale of Class A Common Stock
Total shares sold
120,000 shares
Aggregate of two open-market sales
Shares held after transactions
4,401,592 shares
Direct holdings of Class A Common Stock
Price range May 21, 2026
$3.8950 to $3.9950
Range of prices for multiple trades that day
Price range May 20, 2026
$3.8600 to $4.0300
Range of prices for multiple trades that day
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title: "Class A Common Stock""
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.
FAQ
What did Cricut (CRCT) CEO Ashish Arora report in this Form 4?
Ashish Arora reported two open-market sales of Cricut Class A Common Stock totaling 120,000 shares. The sales occurred on May 20 and May 21, 2026, and were executed under a pre-arranged Rule 10b5-1 trading plan.
What does weighted average price mean in the Cricut (CRCT) Form 4?
Weighted average price means each reported price reflects multiple trades executed at different prices that day. For these sales, individual trades ranged between $3.8950 and $3.9950 and between $3.8600 and $4.0300, with the averages disclosed in the Form 4.