STOCK TITAN

Cricut (CRCT) General Counsel receives 100,000-share restricted stock grant

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

Rhea-AI Filing Summary

Tuttle Matt reported acquisition or exercise transactions in this Form 4 filing.

Cricut, Inc. reported that its General Counsel and Secretary, Matt Tuttle, received an award of 100,000 shares of Class A common stock in the form of restricted stock units. These units vest in four equal annual installments beginning on May 15, 2027. After this grant, Tuttle directly holds 418,747 shares of Class A common stock, reflecting a compensation-related equity award rather than an open-market purchase.

Positive

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Negative

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Insider Tuttle Matt
Role General Counsel & Secretary
Type Security Shares Price Value
Grant/Award Class A Common Stock 100,000 $0.00 --
Holdings After Transaction: Class A Common Stock — 418,747 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 100,000 shares Restricted stock unit award to Matt Tuttle
Holdings after transaction 418,747 shares Class A common stock directly held after grant
Vesting schedule 4 equal annual installments RSUs vest beginning May 15, 2027
Initial vesting date May 15, 2027 First installment of RSU vesting
Recorded grant price 0.0000 per share RSU award recorded price in Form 4
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.
vest financial
"restricted stock units which vest in four equal annual installments beginning on May 15, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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"
SEC Form 4
FORM 4UNITED 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*
Tuttle Matt

(Last)(First)(Middle)
C/O CRICUT, INC.
10855 S RIVERFRONT PKWY

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel & Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/14/2026A100,000(1)A$0418,747D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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/ Matt Tuttle04/14/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Cricut (CRCT) disclose for Matt Tuttle?

Cricut disclosed that General Counsel and Secretary Matt Tuttle received 100,000 Class A common shares as a restricted stock unit award. This is a compensation grant, not an open-market purchase, and increases his directly held shares to 418,747 after the transaction.

How many Cricut (CRCT) shares did Matt Tuttle acquire in this Form 4 filing?

Matt Tuttle acquired 100,000 shares of Cricut Class A common stock through a restricted stock unit grant. The award was recorded at a price of 0.0000 per share, reflecting a compensation grant rather than a cash purchase on the open market.

When do Matt Tuttle’s restricted stock units in Cricut (CRCT) vest?

The restricted stock units granted to Matt Tuttle vest in four equal annual installments beginning on May 15, 2027. This structure spreads the vesting over four years, aligning his compensation with longer-term company performance and continued employment during the vesting period.

What are Matt Tuttle’s total Cricut (CRCT) holdings after this insider award?

Following the restricted stock unit grant, Matt Tuttle directly holds 418,747 shares of Cricut Class A common stock. This total includes the newly awarded 100,000-share grant, recorded as directly owned, and reflects his updated equity position reported in the Form 4.

Was Matt Tuttle’s Cricut (CRCT) Form 4 transaction an open-market buy or a grant?

The Form 4 shows a grant coded as an acquisition (code A), representing a restricted stock unit award. It is a compensation-related grant at a recorded price of 0.0000 per share, not an open-market stock purchase or sale on an exchange.