Form 4: Cricut EVP, General Counsel & Secretary Donald B. Olsen Sells 40,000 Shares
SEC Form 4 Filing
Donald B. Olsen, EVP, General Counsel & Secretary of Cricut, Inc., sold 40,000 shares of Class A Common Stock on August 29, 2024, at a weighted average price of $5.7405.
Summary
- On August 29, 2024, Donald B. Olsen, the EVP, General Counsel & Secretary of Cricut, Inc., sold 40,000 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $5.7405.
- The price range for the sales was between $5.720 and $5.755.
- Following the transaction, Olsen directly owns 655,833 shares of Cricut, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market may react based on their interpretation of the sale.
Industry Context
This is a standard SEC Form 4 filing, indicating a change in beneficial ownership by a company insider. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- Shareholders may react to the insider sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of transaction: Donald B. Olsen sold 40,000 shares of Cricut, Inc. |
| 08/30/2024 | Date of signature for the Form 4 filing. |
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