Tuttle Matt 4

What Happened

• Matt Tuttle, General Counsel & Secretary of Cricut, was credited with 3,810 shares (reported as an award/grant) on January 20, 2026. The Form 4 reports an acquisition price of $0.00 (total reported value $0). The transaction is coded A (award/grant) and reflects dividend-equivalent restricted stock units rather than an open-market purchase.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (filed timely).
• Transaction type/code: Award/Grant (A).
• Shares received: 3,810 at $0.00 (reported value $0).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: These are dividend-equivalent RSUs credited in connection with Cricut’s semi-annual $0.10 per-share cash dividend paid Jan 20, 2026 to holders of record on Jan 6, 2026; unvested RSU holders were credited with dividend equivalents per the company’s equity incentive terms.
• No indication of tax withholding, 10b5-1 plan, or late filing in the report.

Context

• Dividend-equivalent RSUs are a routine corporate action that grants additional RSUs to holders of unvested RSUs in lieu of cash dividend payments; they are not an open-market purchase or sale and don’t necessarily signal insider sentiment. These awards typically follow the company’s dividend schedule and equity plan terms.