Cricut (CRCT) accounting chief has 7,346 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cricut, Inc. principal accounting officer Ryan Harmer reported a tax-related share disposition tied to restricted stock vesting. The company withheld 7,346 shares of Class A Common Stock at $4.03 per share to cover tax withholding obligations on three RSU awards. Harmer continues to hold 342,846 shares directly after this routine withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harmer Ryan
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,346 | $4.03 | $30K |
Holdings After Transaction:
Class A Common Stock — 342,846 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 7,346 shares
Per-share value: $4.03 per share
Shares held after transaction: 342,846 shares
3 metrics
Shares withheld for taxes
7,346 shares
Class A Common Stock withheld to satisfy tax obligations
Per-share value
$4.03 per share
Value used for the tax-withholding disposition
Shares held after transaction
342,846 shares
Direct holdings after RSU-related withholding
Key Terms
Class A Common Stock, RSU awards, tax withholding obligations, tax-withholding disposition
4 terms
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.
RSU awards financial
"in connection with the vesting of three RSU awards granted"
RSU awards are promises by a company to give employees actual shares of stock (or cash equal to their value) after certain conditions are met, typically continued employment over a set period or hitting performance goals. Think of them like stock paid in installments that become yours over time; they matter to investors because they affect future share count, executive incentives and company expenses, which can dilute existing shareholders and influence management decisions.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Cricut (CRCT) report for Ryan Harmer?
Cricut reported that principal accounting officer Ryan Harmer had 7,346 Class A Common Stock shares withheld to cover tax obligations. The withholding was connected to the vesting of three RSU awards granted in 2022 and 2024, not an open-market sale.
Was Ryan Harmer’s Cricut (CRCT) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Cricut withheld 7,346 shares to satisfy Harmer’s tax obligations from RSU vesting, a routine administrative mechanism that does not represent discretionary selling activity in the market.