Form 4: Cricut Inc. Director Jason Makler Reports Changes in Beneficial Ownership

Director Jason Makler reports a distribution of Class B Common Stock and indirect ownership of Class A Common Stock through a family trust and partnership.

Summary

• On February 24, 2025, Jason Makler, a director of Cricut, Inc., reported changes in his beneficial ownership of the company's stock.
• He received 508,064 shares of Class B Common Stock from Petrus Employee Profit Share, L.P. (PAM2) as part of a distribution to its limited partners.
• These shares are convertible into Class A Common Stock.
• Makler also indirectly owns 1,716,715 shares of Class A Common Stock through the Jason and Alisa Makler Living Trust.
• The distribution of Class B Common Stock is exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies.

Stakeholder Impact

• The change in ownership may have a minor impact on shareholders, as it reflects insider activity.

Key Dates