Cricut CEO sells 60,000 shares in open-market trade
Cricut, Inc. Chief Executive Officer Ashish Arora reported an open-market sale of 60,000 shares of Class A common stock at a weighted average price of $3.9785 per share.
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Form Type
4
Rhea-AI Filing Summary
Cricut, Inc. Chief Executive Officer Ashish Arora reported an open-market sale of 60,000 shares of Class A common stock at a weighted average price of $3.9785 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Following the sale, Arora directly holds 4,341,592 shares, indicating the sale represents a small portion of his overall stake.
Insider Trade Summary 10b5-1
Net Seller: 60,000 shares
Net Sell
1 txn
Insider
Ashish Arora
Role
Chief Executive Officer
Sold
60,000 shs ($239K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 60,000 | $3.9785 | $239K |
Holdings After Transaction:
Class A Common Stock — 4,341,592 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.9400 to $4.0050, 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: 60,000 shares
Average sale price: $3.9785 per share
Post-sale holdings: 4,341,592 shares
+2 more
5 metrics
Shares sold
60,000 shares
Class A Common Stock sold in open-market transaction on May 22, 2026
Average sale price
$3.9785 per share
Weighted average price for 60,000 shares sold
Post-sale holdings
4,341,592 shares
Directly owned Class A Common Stock after the transaction
Price range
$3.94 to $4.005 per share
Range of individual trade prices within the reported sale
Net shares sold
60,000 shares
Net-sell direction from transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Class A Common Stock
4 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 on August 20, 2025."
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."
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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cricut (CRCT) CEO Ashish Arora report?
Ashish Arora reported an open-market sale of 60,000 shares of Cricut Class A common stock. The sale was disclosed on Form 4 and reflects a routine insider transaction under a trading plan, rather than a newly established position or purchase of additional shares.
Was the Cricut (CRCT) CEO’s stock sale under a Rule 10b5-1 plan?
Yes. A footnote explains the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Ashish Arora on August 20, 2025. Such pre-arranged plans are designed to allow scheduled trading independent of short-term market conditions.
What does the price range in the Cricut (CRCT) CEO sale mean?
The Form 4 notes that the weighted average price reflects multiple trades executed between $3.94 and $4.005 per share. The CEO has committed to provide, upon request, detailed breakdowns of the number of shares sold at each specific price within that range.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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