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Cricut (CRCT) CEO Ashish Arora has 265,206 shares withheld for RSU taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cricut, Inc. Chief Executive Officer Ashish Arora reported a tax-related share disposition. On February 17, 2026, 265,206 shares of Class A common stock were withheld at $4.69 per share to cover tax obligations from vesting RSU awards. After this withholding, Arora directly owned 3,978,453 shares of Cricut Class A common stock.

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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 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)
02/17/2026
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 02/17/2026 F 265,206(1) D $4.69 3,978,453 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. These shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of two RSU awards granted to the reporting person on March 21, 2023 and March 26, 2025.
Remarks:
/s/ Lauren Curtin, by power of attorney 02/19/2026
** 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.

FAQ

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

Cricut CEO Ashish Arora reported a tax-related share disposition. On February 17, 2026, 265,206 Class A shares were withheld to satisfy tax obligations from vesting RSU awards, rather than an open-market sale.

How many Cricut (CRCT) shares were withheld for Ashish Arora’s taxes?

A total of 265,206 Cricut Class A common shares were withheld. The shares covered tax withholding obligations tied to the vesting of two RSU awards granted on March 21, 2023 and March 26, 2025.

At what price were Ashish Arora’s Cricut (CRCT) shares withheld?

The withheld Cricut shares were valued at $4.69 per share. This price was used to calculate the number of shares needed to satisfy the tax withholding obligations from the vesting RSU awards.

How many Cricut (CRCT) shares does Ashish Arora own after this Form 4?

Following the tax-withholding disposition, Ashish Arora directly owns 3,978,453 shares. This figure reflects his remaining Class A common stock holdings after 265,206 shares were withheld to cover RSU-related tax obligations.

Was Ashish Arora’s Cricut (CRCT) Form 4 a market sale of shares?

The Form 4 does not report an open-market sale. Instead, the transaction is coded F, indicating shares were withheld by Cricut to pay tax liabilities arising from the vesting of restricted stock units.

What do the RSU grants mentioned in the Cricut (CRCT) Form 4 relate to?

The tax-withholding stems from two RSU awards granted to Ashish Arora. These awards were granted on March 21, 2023 and March 26, 2025, and their vesting triggered the associated tax obligations paid in shares.
Cricut, Inc.

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United States
SOUTH JORDAN