Did the Cricut (CRCT) CEO pay cash for the 1,000,000-share award reported?

No, the 1,000,000-share award was granted at a price of $0.0000 per share. This indicates it is a compensation-related grant of restricted stock units rather than an open-market purchase requiring cash outlay from the CEO.

Cricut (CRCT) CEO Ashish Arora awarded 1,000,000 restricted stock units in new grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ashish Arora reported acquisition or exercise transactions in this Form 4 filing.

Cricut, Inc. Chief Executive Officer Ashish Arora received an equity award of 1,000,000 shares of Class A Common Stock in the form of restricted stock units. The award was granted at no cash cost per share.

The restricted stock units vest in four equal annual installments beginning on May 15, 2027, providing a long-term incentive tied to continued service and company performance. Following this grant, Arora directly holds 4,724,995 shares of Class A Common Stock, including this award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ashish Arora

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,000,000	$0.00	--

Holdings After Transaction: Class A Common Stock — 4,724,995 shares (Direct)

Footnotes (1)

[object Object]

Key Figures

RSU grant size: 1,000,000 shares Grant price per share: $0.0000 per share Post-grant holdings: 4,724,995 shares +2 more

5 metrics

RSU grant size 1,000,000 shares Restricted stock units of Class A Common Stock granted to CEO

Grant price per share $0.0000 per share Stated price for the restricted stock unit award

Post-grant holdings 4,724,995 shares CEO’s direct Class A Common Stock holdings following the transaction

Vesting start date May 15, 2027 First vesting date for the restricted stock units

Vesting schedule Four equal annual installments Structure of RSU vesting beginning May 15, 2027

Key Terms

restricted stock units, Class A Common Stock, Grant, award, or other acquisition, vesting

4 terms

restricted stock units financial

"The shares are represented by restricted stock units which vest in four equal annual 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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

vesting financial

"which vest in four equal annual installments beginning on May 15, 2027"

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.

Form 4 Insider Transactions: What Each Field Means →

04/14/2026 - 04:10 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

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

UTAH

84095

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/14/2026		A		1,000,000⁽¹⁾	A	$0	4,724,995	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The shares are represented by restricted stock units which vest in four equal annual installments beginning on May 15, 2027.

Remarks:

	/s/ Lauren Curtin, by power of attorney	04/14/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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

Cricut reported that CEO Ashish Arora received a grant of 1,000,000 restricted stock units of Class A Common Stock. This award is a form of equity compensation and does not represent an open-market share purchase or sale by the executive.

How many Cricut (CRCT) shares does the CEO hold after this Form 4 filing?

After the reported equity award, CEO Ashish Arora holds 4,724,995 shares of Cricut Class A Common Stock directly. This total includes the 1,000,000-share restricted stock unit grant disclosed, reflecting his updated direct ownership position following the transaction.

What are the vesting terms of the CEO’s 1,000,000 Cricut (CRCT) restricted stock units?

The 1,000,000 restricted stock units granted to CEO Ashish Arora vest in four equal annual installments. Vesting begins on May 15, 2027, meaning one-quarter of the units will vest each year over a four-year period starting on that date.

Is the Cricut (CRCT) Form 4 transaction a stock sale by the CEO?

The filing does not report any stock sale by CEO Ashish Arora. Instead, it shows an acquisition coded as a grant or award of 1,000,000 restricted stock units, which is a non-market, compensation-related increase in his share-based holdings.