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Cricut, Inc. Director's Dealing 2025

Jul 23, 2025

32012_dirs_2025-07-23_950c4911-3b6a-451a-ad31-4fb5d3f57443.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cricut, Inc. (CRCT)
CIK: 0001828962
Period of Report: 2025-07-21

Reporting Person: Ashish Arora (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-07-21 Class A Common Stock S 21250 $5.4554 Disposed 2737192 Direct
2025-07-21 Class A Common Stock A 341869 Acquired 3079061 Direct
2025-07-22 Class A Common Stock S 21250 $5.4879 Disposed 3057811 Direct
2025-07-23 Class A Common Stock S 21250 $5.5789 Disposed 3036561 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $17.50 2026-03-24 Class A Common Stock (2218889) 2218889 Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2024.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.3700 to $5.5600, 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.

F3: This reflects dividend equivalent restricted stock units that were granted in connection with a special one-time cash dividend of $.75 per share and a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on July 21, 2025, to stockholders of record at the close of business on July 7, 2025. 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.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.4100 to $5.5750, 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.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.4900 to $5.6150, 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.

F6: Reflects equitable adjustment to the option exercise price pursuant to the underlying plan in connection with Cricut's special cash dividends declared on December 21, 2022, May 18, 2023, May 7, 2024, and May 6, 2025. Pursuant to the adjustment, the exercise price was reduced by $2.50.

F7: Shares subject to the option are fully vested and immediately exercisable.