Cricut (NASDAQ: CRCT) CEO sells 180,000 shares under trading plan

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ashish Arora

(Last) (First) (Middle)

C/O CRICUT, INC.

10855 SOUTH RIVER FRONT PARKWAY

(Street)

SOUTH JORDAN UT 84095

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cricut, Inc. [ CRCT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/19/2026		S		60,000(1)	D	$4.6527(2)	3,918,453	D
Class A Common Stock	02/20/2026		S		60,000(1)	D	$4.6235(3)	3,858,453	D
Class A Common Stock	02/23/2026		S		60,000(1)	D	$4.4182(4)	3,798,453	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

Remarks:

	/s/ Lauren Curtin, by power of attorney	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Cricut (CRCT) CEO Ashish Arora report?

Ashish Arora reported selling 180,000 shares of Cricut Class A common stock in open-market transactions. The sales were split into three blocks of 60,000 shares each over several days at different weighted average prices.

Over what dates did Ashish Arora sell Cricut (CRCT) shares?

Ashish Arora sold Cricut shares on February 19, February 20, and February 23, 2026. Each date involved an open-market sale of 60,000 shares of Class A common stock at a separate weighted average price.

How many Cricut (CRCT) shares does Ashish Arora hold after these sales?

After the reported transactions, Ashish Arora directly holds 3,798,453 shares of Cricut Class A common stock. This figure reflects his ownership position following all three open-market sales described in the Form 4 filing.

What were the approximate sale prices for Ashish Arora’s Cricut (CRCT) trades?

The reported weighted average sale prices were $4.6527, $4.6235, and $4.4182 per share. Each figure reflects multiple trades aggregated into a single average price for the corresponding 60,000-share transaction.

Were Ashish Arora’s Cricut (CRCT) share sales under a Rule 10b5-1 plan?

Yes. The Form 4 states that the reported sale was effected under a Rule 10b5-1 trading plan adopted on August 20, 2025. Such plans pre-schedule trades, helping separate insider selling from day-to-day discretionary decisions.

What type of security did Ashish Arora sell in this Cricut (CRCT) filing?

Ashish Arora sold shares of Cricut’s Class A common stock. All three transactions involved the same security type and were categorized as non-derivative, open-market sales according to the Form 4 details.