Cricut (CRCT) director Heidi Zak receives 30,414-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zak Heidi reported acquisition or exercise transactions in this Form 4 filing.
Cricut, Inc. director Heidi Zak received an award of 30,414 shares of Class A Common Stock in the form of restricted stock units. The grant carried no cash purchase price and increased her directly held stake to 132,807 shares. These restricted stock units vest in four equal quarterly installments beginning on August 15, 2026, meaning the shares will be delivered over one year as the service-based vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zak Heidi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 30,414 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 132,807 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 30,414 shares
Grant price per share: $0.00 per share
Shares held after transaction: 132,807 shares
+2 more
5 metrics
RSU grant size
30,414 shares
Restricted stock unit award to director Heidi Zak
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Shares held after transaction
132,807 shares
Heidi Zak’s direct holdings following the RSU grant
Vesting schedule
4 equal quarterly installments
Vesting begins on August 15, 2026
Vesting start date
August 15, 2026
First vesting date for the RSU award
Key Terms
restricted stock units, Class A Common Stock, vesting
3 terms
restricted stock units financial
"The shares are represented by restricted stock units which vest in four equal quarterly installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
vesting financial
"which vest in four equal quarterly installments beginning on August 15, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Cricut (CRCT) director Heidi Zak report in this Form 4?
Heidi Zak reported receiving 30,414 restricted stock units of Cricut Class A Common Stock. The award was a grant with no cash purchase price and increased her directly held position to 132,807 shares after the transaction.
What is Heidi Zak’s Cricut (CRCT) ownership after this grant?
After the grant, Heidi Zak directly holds 132,807 shares of Cricut Class A Common Stock. This total includes the newly granted restricted stock units, which will convert into shares as they vest over the defined quarterly schedule.
How do Heidi Zak’s Cricut (CRCT) restricted stock units vest?
The restricted stock units vest in four equal quarterly installments beginning on August 15, 2026. Each quarter, one quarter of the 30,414 units will vest, and the corresponding Cricut shares will be delivered if vesting conditions are satisfied.