Cricut (CRCT) CEO Ashish Arora sells 16,366 shares under 10b5-1 plan
Rhea-AI Filing Summary
Cricut, Inc. Chief Executive Officer Ashish Arora reported an open-market sale of 16,366 shares of Class A Common Stock on June 1, 2026 at a weighted average price of $4.2961 per share. After this trade, he directly holds 4,325,226 shares. The filing notes the sale was carried out under a pre-established Rule 10b5-1 trading plan, indicating it was scheduled in advance rather than timed discretionarily.
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Insights
CEO’s small pre-planned sale looks routine given remaining stake.
The CEO of Cricut, Inc., Ashish Arora, executed an open-market sale of 16,366 Class A shares at a weighted average of $4.2961 on June 1, 2026. Post-transaction, he still directly owns 4,325,226 shares, indicating he retains a substantial position.
The filing states the sale occurred under a Rule 10b5-1 trading plan adopted on August 20, 2025. Such plans pre-schedule trades, reducing the informational value of the exact timing because they are set up in advance and execute automatically based on predefined instructions.
With only one sale transaction and no derivative exercises or restructuring events reported, this appears to be a routine liquidity move. Subsequent filings will show whether additional trades occur under the same 10b5-1 plan or whether his overall holdings change meaningfully over time.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 16,366 | $4.2961 | $70K |
Footnotes (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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.1300 to $4.3950, 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.