Cricut CEO sells 60,000 shares at $5.61
Cricut’s CEO and major shareholder Ashish Arora sold 60,000 shares under a pre-arranged Rule 10b5-1 trading plan while retaining over 5.5 million shares.
Rhea-AI Filing Summary
Cricut, Inc. (CRCT) reported that Chief Executive Officer and significant shareholder Ashish Arora sold 60,000 shares of Class A common stock on September 4, 2026 at a weighted average price of $5.6055 per share in open-market transactions. After this sale, he held 5,597,105 shares directly. The transactions were effected under a Rule 10b5-1 trading plan adopted on August 20, 2025, with execution prices ranging from $5.53 to $5.80 per share.
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Insider Trade Summary 10b5-1
Net Seller: 60,000 shares
Net Sell
1 txn
Insider
Ashish Arora
Role
Chief Executive Officer
Sold
60,000 shs ($336K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 60,000 | $5.6055 | $336K |
Holdings After Transaction:
Class A Common Stock — 5,597,105 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.5300 to $5.8000, 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.
Key Figures
Shares sold: 60,000 shares
Weighted average sale price: $5.6055 per share
Sale price range: $5.53–$5.80 per share
+2 more
5 metrics
Shares sold
60,000 shares
Class A common stock sold by Ashish Arora on September 4, 2026
Weighted average sale price
$5.6055 per share
Average price for the 60,000 shares sold on September 4, 2026
Sale price range
$5.53–$5.80 per share
Range of prices for multiple transactions included in the 60,000-share sale
Shares held after transaction
5,597,105 shares
Direct holdings of Ashish Arora after the September 4, 2026 sale
Rule 10b5-1 trading plan adoption date
August 20, 2025
Date Ashish Arora adopted the trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market transactions
3 terms
Rule 10b5-1 trading plan regulatory
"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."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market transactions market
"These shares were sold in multiple transactions at prices ranging from $5.5300 to $5.8000, inclusive."
Open-market transactions are purchases or sales of a company’s securities that take place on public exchanges rather than through private agreements. They matter to investors because these trades change the number of shares available, can move the stock price, and often signal management’s view of the company’s value—like a store restocking or clearing shelves, altering supply and the price shoppers see.
FAQ
What insider transaction did CRCT report for Ashish Arora?
CRCT reported that Ashish Arora sold 60,000 shares of Cricut Class A common stock on September 4, 2026 in open-market transactions at a weighted average price of $5.6055 per share.
What type of transaction did the CRCT Form 4 disclose?
The Form 4 discloses an open-market sale of Cricut Class A common stock by Ashish Arora, totaling 60,000 shares on September 4, 2026, executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.