Cricut (CRCT) CFO awarded 325,000 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shill Kimball C reported acquisition or exercise transactions in this Form 4 filing.
Cricut, Inc.’s Chief Financial Officer Shill C. Kimball received a grant of 325,000 shares of Class A Common Stock in the form of restricted stock units. According to the footnote, these units vest in four equal annual installments beginning on May 15, 2027.
After this award, Kimball directly holds 1,699,871 Class A shares. The filing also reports indirect ownership of 614 shares held by his spouse and 205 shares held by his son, reflecting additional family holdings reported for transparency rather than new market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Shill Kimball C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 325,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,699,871 shares (Direct);
Class A Common Stock — 614 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 325,000 shares
Vesting start date: May 15, 2027
Direct holdings after grant: 1,699,871 shares
+3 more
6 metrics
RSU grant size
325,000 shares
Restricted stock units granted to CFO on April 14, 2026
Vesting start date
May 15, 2027
RSUs vest in four equal annual installments beginning on this date
Direct holdings after grant
1,699,871 shares
CFO’s direct Class A Common Stock ownership following the award
Indirect spouse holdings
614 shares
Class A shares held indirectly by spouse as reported in filing
Indirect son holdings
205 shares
Class A shares held indirectly by son as reported in filing
Grant price per share
$0.00 per share
Reported price for the RSU award, indicating a compensation grant
Key Terms
restricted stock units, vesting, indirect ownership, beneficial ownership, +1 more
5 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.
vesting financial
"restricted stock units 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.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
beneficial ownership financial
"indirect ownership of 614 shares held by his spouse and 205 shares held by his son"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Cricut (CRCT) disclose in this Form 4 filing?
Cricut reported that CFO Shill C. Kimball received a grant of 325,000 Class A Common Stock restricted stock units. The filing also updates his direct and family-related indirect share holdings for transparency on his overall equity position.
What is the vesting schedule for the CFO’s new Cricut (CRCT) restricted stock units?
The restricted stock units vest in four equal annual installments beginning on May 15, 2027. This means the award is spread over multiple years, aligning the CFO’s compensation with longer-term company performance and continued service to Cricut.
Was this Cricut (CRCT) insider transaction a market purchase or sale?
No market trade occurred; it is a compensation-related grant. The 325,000 Class A shares were awarded as restricted stock units with a reported price of zero, indicating an equity award rather than an open-market buy or sell transaction.