Ashish Arora 4

What Happened
Ashish Arora, CEO of Cricut, sold 16,366 shares in an open-market disposition on June 1, 2026. The weighted-average price was $4.30 per share for total proceeds of approximately $70,310. The sales were executed in multiple transactions at prices ranging from $4.13 to $4.395.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely within the 2-business-day window).
• Transaction type: Sale (S); open-market or private sale.
• Price details: Weighted average $4.30; individual trade prices ranged $4.1300–$4.3950. The filer can provide a breakdown of shares sold at each price on request.
• Proceeds: ~ $70,310.
• Shares owned after transaction: Not disclosed in the provided filing excerpt; see the full Form 4 for post-transaction holdings.
• Footnote: Sale was executed pursuant to a pre-established Rule 10b5-1 trading plan adopted August 20, 2025.

Context
This was a sale under a prearranged 10b5-1 plan, which typically means the transactions were scheduled in advance rather than reflecting a contemporaneous change of view by the insider. Sales are common and generally less informative than purchases about insider sentiment; the filing is factual and does not indicate motive.