Zak Heidi 4

What Happened

• Heidi Zak, a director of Cricut, was granted 2,072 restricted stock units (RSUs) on July 21, 2026 (Transaction code A — Award). The filing shows an acquisition price of $0.00 because these RSUs were issued as dividend equivalents rather than a cash purchase or open-market trade.

Key Details

• Transaction date: 2026-07-21; Form 4 filed: 2026-07-22 (appears timely).
• Transaction type: Award (A) — 2,072 RSUs, acquisition price $0.00.
• Shares owned after the transaction: Not specified in the filing.
• Footnote (F1): These RSUs were dividend equivalents granted in connection with the issuer’s semi-annual $0.10 per share cash dividend (paid 7/21/2026 to holders of record 7/7/2026); unvested RSUs were credited with dividend equivalents per the company’s equity plan.
• No 10b5-1 plan, tax-withholding sale, or late-filing indication disclosed.

Context

• Dividend-equivalent RSUs are a routine corporate action that credits holders of unvested awards with the economic equivalent of the cash dividend (converted into RSUs under plan terms). This is not a purchase or sale and generally does not signal insider sentiment about the stock.