Cricut CEO sells 180,000 shares in 10b5-1 plan
Cricut, Inc. Chief Executive Officer Ashish Arora reported selling 180,000 shares of Class A common stock in open-market transactions.
Rhea-AI Filing Summary
Cricut, Inc. Chief Executive Officer Ashish Arora reported selling 180,000 shares of Class A common stock in open-market transactions. The sales occurred in three equal blocks of 60,000 shares on February 19, February 20, and February 23, 2026, at weighted average prices of $4.6527, $4.6235, and $4.4182 per share, respectively. After these sales, he directly owned 3,798,453 shares. The filing states that the activity was carried out under a Rule 10b5-1 trading plan adopted on August 20, 2025, which is a pre-arranged program designed to systematically sell shares over time.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 60,000 | $4.4182 | $265K |
| Sale | Class A Common Stock | 60,000 | $4.6235 | $277K |
| Sale | Class A Common Stock | 60,000 | $4.6527 | $279K |
Footnotes (4)
- 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 $4.6100 to $4.7050, 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.
- F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.5400 to $4.6900, 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.
- F4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.3600 to $4.6150, 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.
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