Form 4: Cricut Director Melissa Reiff Receives Dividend Equivalent Restricted Stock Units

Director Melissa Reiff acquired 1,490 Class A Common Stock units of Cricut, Inc. as dividend equivalents on July 19, 2024.

Summary

• On July 19, 2024, Melissa Reiff, a director of Cricut, Inc., acquired 1,490 shares of Class A Common Stock.
• These shares were received as dividend equivalent restricted stock units.
• The dividend was related to a special one-time cash dividend of $0.40 per share and a recurring semi-annual cash dividend of $0.10 per share.
• The dividend was paid to stockholders of record on July 2, 2024.
• Reiff's direct ownership following the transaction is 57,447 shares.
• The dividend equivalents were automatically credited to holders of unvested restricted stock units based on the per share dividend value.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to dividend equivalents, indicating a neutral sentiment.

Industry Context

This filing reflects standard compensation practices involving dividend equivalents for unvested restricted stock units, common in publicly traded companies.

Stakeholder Impact

• The dividend payment impacts shareholders who received cash dividends.
• Employees holding unvested restricted stock units also benefit through dividend equivalents.

Key Dates