Cricut (CRCT) CEO Arora sells 73,458 shares in Rule 10b5-1 trades
Rhea-AI Filing Summary
Cricut, Inc. Chief Executive Officer Ashish Arora reported open-market sales of Class A common stock under a pre-arranged Rule 10b5-1 trading plan adopted on August 20, 2025. On March 2, 2026, he sold 60,000 shares at a weighted average price of $4.2766 per share. On March 3, 2026, he sold an additional 13,458 shares at a weighted average price of $4.2545 per share. After these transactions totaling 73,458 shares, Arora directly held 3,724,995 shares of Cricut Class A common stock.
Positive
- None.
Negative
- None.
Insights
CEO executes pre-planned Rule 10b5-1 stock sales totaling 73,458 shares.
Chief Executive Officer Ashish Arora sold a total of 73,458 Cricut Class A shares in two open-market transactions at weighted average prices of $4.2766 and $4.2545. These trades were executed over two days in early March 2026.
The transactions were carried out under a Rule 10b5-1 trading plan adopted on August 20, 2025, indicating they were pre-arranged rather than discretionary responses to short-term developments. After these sales, Arora continued to directly hold 3,724,995 shares.
Such planned insider sales are common mechanisms for executives to diversify holdings while providing transparency on timing and size. Future company filings may provide additional context on any further trades under this 10b5-1 plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,458 | $4.2545 | $57K |
| Sale | Class A Common Stock | 60,000 | $4.2766 | $257K |
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 20, 2025. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.2000 to $4.3150, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.1950 to $4.3250, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.