4//SEC Filing
Ashish Arora 4
Accession 0001851564-25-000016
CIK 0001828962other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 4:37 PM ET
Size
15.3 KB
Accession
0001851564-25-000016
Insider Transaction Report
Form 4
Cricut, Inc.CRCT
Ashish Arora
DirectorChief Executive Officer10% Owner
Transactions
- Award
Class A Common Stock
2025-11-13+275,000→ 2,943,146 total - Conversion
Class A Common Stock
2025-11-14+1,547,295→ 4,490,441 total - Conversion
Class B Common Stock
2025-11-14−1,547,295→ 22,007,506 total→ Class A Common Stock (1,547,295 underlying)
Holdings
- 1,535,105(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (1,535,105 underlying) - 456,839(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (456,839 underlying) - 456,839(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (456,839 underlying) - 627,745(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (627,745 underlying)
Footnotes (7)
- [F1]The shares are represented by restricted stock units which vest in four equal annual installments beginning on November 15, 2026.
- [F2]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. The conversion transactions reported herein are exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act. Such conversion transactions are being effected in connection with a Rule 10b5-1 trading plan that the reporting person has entered into that is currently subject to a cooling-off period.
- [F3]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. The conversion transactions reported herein are exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
- [F4]The shares are held by the Rushil Arora Trust dated January 20, 2021 for which the reporting person and his spouse serve as trustees.
- [F5]The shares are held by the Ashish Chandra Arora 2021 GRAT dated January 20, 2021 for which the reporting person serves as trustee.
- [F6]The shares are held by the Mridu Vashist Arora 2021 GRAT dated January 20, 2021 for which the reporting person's spouse serves as trustee.
- [F7]The shares are held by the Arora Trust dated February 14, 2012 for which the reporting person and his spouse serve as trustees.
Documents
Issuer
Cricut, Inc.
CIK 0001828962
Entity typeother
Related Parties
1- filerCIK 0001851564
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 4:37 PM ET
- Size
- 15.3 KB