Harmer Ryan 4
Research Summary
AI-generated summary
Cricut (CRCT) Principal Accounting Officer Ryan Harmer Withholds 11,055 Shares
What Happened
- Ryan Harmer, Principal Accounting Officer of Cricut, had 11,055 shares withheld by the company to satisfy tax withholding on vested restricted stock units (RSUs). The shares were valued at $4.69 each for a total value of $51,848. This is a tax-withholding disposition (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-17; filing date: 2026-02-19 (filed timely).
- Price per share: $4.69; shares withheld/disposed: 11,055; aggregate value: $51,848.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of two RSU awards granted on March 21, 2023 and March 26, 2025.
- Transaction type: tax withholding (code F) — not an open-market sale or purchase.
Context
- Withholding of shares to cover taxes on vested RSUs is administrative and common; it generally does not signal a change in insider sentiment like an open-market sale or purchase might.
- For investors, these transactions mainly reflect routine vesting and tax settlement, not an investment decision by the insider.