Ashish Arora 4

What Happened

• Ashish Arora, CEO of Cricut, was granted 65,737 restricted stock units (RSUs) on January 20, 2026. The award was recorded at $0.00 per share (transaction code A) and represents dividend-equivalent RSUs tied to the company's $0.10 per-share semi-annual dividend — a notional value of roughly $6,574 (65,737 × $0.10). This was an award/credit, not a cash purchase or sale.

Key Details

• Transaction date: 2026-01-20 (reported on Form 4 filed 2026-01-22)
• Transaction type/code: Grant/Award (A); price reported $0.00
• Shares/units granted: 65,737 RSUs; approximate dividend-equivalent value: $6,573.70
• Shares owned after transaction: Not disclosed in this filing
• Footnote: These are dividend-equivalent RSUs credited to holders of unvested RSUs in connection with the issuer’s semi-annual $0.10 per-share cash dividend (paid Jan 20, 2026; record date Jan 6, 2026), per the company’s equity incentive terms
• Filing timeliness: Reported two days after the transaction date (no late-file indication)

Context

• Dividend-equivalent RSUs are a bookkeeping credit that compensates holders of unvested RSUs for dividends; they do not involve an open-market purchase or sale and require no cash outlay by the insider. Such awards are routine compensation/dividend mechanics and do not, by themselves, signal insider buying or selling intent.