Form 4: Cricut Inc. Executive Ryan Harmer Reports Tax-Related Stock Transaction

Ryan Harmer, Principal Accounting Officer at Cricut, Inc., reports the withholding of 4,017 shares to cover tax obligations related to vesting RSU awards.

Summary

• On May 15, 2024, Ryan Harmer, the Principal Accounting Officer of Cricut, Inc., had 4,017 shares of Class A Common Stock withheld by the issuer.
• This withholding was to satisfy tax obligations related to the vesting of two RSU (Restricted Stock Unit) awards granted on May 1, 2021, and April 20, 2022.
• The transaction was executed at a price of $7.48 per share.
• Following the transaction, Harmer directly owns 222,491 shares of Cricut, Inc.

Sentiment

Score: 7

Explanation: The document reflects a neutral event (tax withholding) related to executive compensation. It's a routine transaction and doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This filing indicates a routine transaction related to tax obligations from vested stock awards.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax-related withholding.

Key Dates