STOCK TITAN

Cricut (CRCT) director Zak Heidi awarded 1,733 dividend RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cricut, Inc. director Zak Heidi reported a routine stock-based award. On January 20, 2026, Heidi acquired 1,733 shares of Class A common stock at a price of $0.00 per share, increasing direct beneficial ownership to 102,393 shares.

The footnote explains these shares reflect dividend equivalent restricted stock units tied to a recurring semi-annual cash dividend of $0.10 per share. The dividend was paid on January 20, 2026 to stockholders of record as of the close of business on January 6, 2026, and holders of unvested restricted stock units were automatically credited with this dividend equivalent under the company’s equity incentive documents.

Positive

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Insider Zak Heidi
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 1,733 $0.00 --
Holdings After Transaction: Class A Common Stock — 102,393 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zak Heidi

(Last) (First) (Middle)
10855 S RIVERFRONT PKWY

(Street)
SOUTH JORDAN UT 84095

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Cricut, Inc. [ CRCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 01/20/2026 A 1,733(1) A $0 102,393 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This reflects dividend equivalent restricted stock units that were granted in connection with a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on January 20, 2026, to stockholders of record at the close of business on January 6, 2026. Holders of restricted stock units that were unvested on the record date were automatically credited with a dividend equivalent based on the value of the per share dividend pursuant to the terms of the issuer's equity incentive documents.
Remarks:
/s/ Lauren Curtin, by power of attorney 01/22/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Cricut, Inc. (CRCT) report for Zak Heidi?

Cricut, Inc. reported that director Zak Heidi acquired 1,733 shares of Class A common stock on January 20, 2026 at a price of $0.00 per share, bringing direct beneficial ownership to 102,393 shares.

How did Zak Heidi receive the 1,733 Cricut (CRCT) shares in the latest Form 4?

The 1,733 shares reflect dividend equivalent restricted stock units granted in connection with Cricut’s recurring semi-annual $0.10 per share cash dividend, rather than an open-market purchase.

What dividend is linked to the restricted stock units reported for Cricut (CRCT)?

The dividend equivalent restricted stock units are tied to a recurring semi-annual cash dividend of $0.10 per share, paid on January 20, 2026 to stockholders of record at the close of business on January 6, 2026.

What is Zak Heidi’s total direct ownership in Cricut (CRCT) after this Form 4?

Following the reported transaction, director Zak Heidi directly and beneficially owns 102,393 shares of Cricut’s Class A common stock.

Was the Cricut (CRCT) insider transaction a purchase or a grant?

The Form 4 shows a transaction code "A", indicating an acquisition of shares, and the footnote clarifies it was a grant of dividend equivalent restricted stock units related to a cash dividend, not a cash purchase.

Does the Cricut (CRCT) Form 4 indicate indirect ownership for this transaction?

No. The reported 1,733 shares are listed as direct (D) ownership, with no nature of indirect beneficial ownership disclosed for this transaction.

Cricut, Inc.

NASDAQ:CRCT

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847.13M
50.64M
Computer Hardware
Special Industry Machinery, Nec
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United States
SOUTH JORDAN