Tuttle Matt 4

What Happened
Matt Tuttle, General Counsel and Secretary of Cricut, disposed of 11,924 shares on February 17, 2026. The shares were valued at $4.69 each for a total of $55,924. This disposition was a tax-withholding event related to the vesting of restricted stock units (RSUs), not an open-market sale intended as a directional bet.

Key Details

• Transaction date: 2026-02-17; filing date: 2026-02-19 (filed within two days).
• Price and value: 11,924 shares withheld @ $4.69 = $55,924.
• Shares owned after transaction: Not specified in this filing.
• Footnote: Shares were withheld by the issuer to satisfy tax withholding obligations for the vesting of two RSU awards granted March 21, 2023 and March 26, 2025 (transaction code F = tax withholding).
• Timeliness: Filed promptly (appears timely under Form 4 two-business-day rule).

Context
Tax-withholding dispositions (code F) are routine when RSUs vest and the company withholds shares to cover the employee’s tax liability. These transactions generally reflect tax mechanics rather than a deliberate sale by the insider; they don’t necessarily signal a change in the insider’s view of the company.