Ashish Arora 4

What Happened

• Ashish Arora, CEO of Cricut, sold 60,000 shares in an open-market transaction on May 22, 2026. The weighted-average sale price was $3.98 per share, resulting in proceeds of approximately $238,710. This was a sale (not a purchase) and therefore generally reflects liquidity-taking rather than a buy signal.

Key Details

• Transaction date: May 22, 2026
• Transaction type/code: Open-market sale (S)
• Price: Weighted average $3.98; individual trade prices ranged from $3.94 to $4.005
• Proceeds: Approximately $238,710
• Shares owned after transaction: Not specified in the information provided
• Footnotes: Sale executed under a Rule 10b5-1 trading plan adopted Aug 20, 2025 (F1). Price shown is a weighted average across multiple trades; the filer can provide a per-trade breakdown on request (F2).
• Filing date: Form 4 filed May 26, 2026 (compare to trade date May 22, 2026). Note that Form 4s are typically required within two business days of the transaction; check the SEC filing for any remarks if timely filing is a concern.

Context

• The 10b5-1 plan note indicates the trades were pre-planned, which is common for routine insider sales and generally limits inference about the CEO’s short-term view. Sales provide liquidity to the insider and are less informative about company prospects than purchases.