Zak Heidi 4
Research Summary
AI-generated summary
Cricut (CRCT) Director Heidi Zak Receives Award of 1,733 RSUs
What Happened
- Heidi Zak, a director of Cricut, Inc. (CRCT), was credited with 1,733 restricted stock units (RSUs) on January 20, 2026. The Form 4 reports the acquisition at $0.00 per share (total $0), reflecting that these are dividend-equivalent RSUs rather than a purchase. The dividend equivalent represents a $0.10 per-share cash dividend paid on Jan 20, 2026, so the dividend value of the 1,733 units is about $173.30.
Key Details
- Transaction date: 2026-01-20; Filing date: 2026-01-22 (filed within the typical 2-business-day Form 4 window).
- Transaction type/code: Award/Grant (A) — dividend-equivalent restricted stock units.
- Price reported: $0.00 per share; total reported acquisition value: $0.
- Shares owned after transaction: Not stated on this Form 4.
- Footnote: The grant reflects dividend equivalents credited to holders of unvested RSUs in connection with the issuer’s semi-annual $0.10 per-share cash dividend (record date Jan 6, 2026; paid Jan 20, 2026).
Context
- This is a routine, non-purchase award tied to the company’s dividend policy (not an open-market buy or sale). Such dividend-equivalent RSUs do not necessarily indicate insider sentiment about the stock — they simply credit dividend value to holders of unvested equity.