Cricut, Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: CRCT · Form: DEF 14A · Filed: Apr 3, 2024 · CIK: 1828962
| Field | Detail |
|---|---|
| Company | Cricut, Inc. (CRCT) |
| Form Type | DEF 14A |
| Filed Date | Apr 3, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: Cricut, CRCT, DEF 14A, Annual Meeting, Proxy Statement
TL;DR
<b>Cricut, Inc. has scheduled its 2024 annual meeting of stockholders for May 16, 2024, to be held virtually.</b>
AI Summary
Cricut, Inc. (CRCT) filed a Proxy Statement (DEF 14A) with the SEC on April 3, 2024. Cricut, Inc. will hold its annual meeting of stockholders virtually on May 16, 2024, at 10:00 a.m., Mountain Time. The filing is a Definitive Proxy Statement (DEF 14A) filed on April 3, 2024. The company's principal executive offices are located at 10855 South River Front Parkway, South Jordan, Utah 84095. The fiscal year end for Cricut, Inc. is December 31. The filing pertains to the period from January 1, 2023, to December 31, 2023, and includes data on equity awards.
Why It Matters
For investors and stakeholders tracking Cricut, Inc., this filing contains several important signals. This DEF 14A filing provides essential information for stockholders to exercise their voting rights at the upcoming annual meeting. The details within the proxy statement, including executive compensation and equity awards, are crucial for understanding management's incentives and the company's governance.
Risk Assessment
Risk Level: low — Cricut, Inc. shows low risk based on this filing. The filing is a routine proxy statement with no immediate financial or operational disclosures that would significantly alter the risk profile.
Analyst Insight
Stockholders should review the proxy statement to understand proposals, executive compensation, and vote accordingly.
Key Numbers
- 2024-05-16 — Annual Meeting Date (Virtual Annual Meeting)
- 10:00 a.m., Mountain Time — Annual Meeting Time (Virtual Annual Meeting)
- 2024-04-03 — Filing Date (DEF 14A Filing)
- 1231 — Fiscal Year End (Cricut, Inc.)
Key Players & Entities
- Cricut, Inc. (company) — Registrant Name
- CRCT (company) — Ticker Symbol
- DEF 14A (regulator) — Filing Type
- 2024-05-16 (date) — Annual Meeting Date
- 10:00 a.m., Mountain Time (time) — Annual Meeting Time
- 10855 South River Front Parkway, South Jordan, Utah 84095 (location) — Company Address
- 2024-04-03 (date) — Filing Date
- 1231 (date) — Fiscal Year End
FAQ
When did Cricut, Inc. file this DEF 14A?
Cricut, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 3, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Cricut, Inc. (CRCT).
Where can I read the original DEF 14A filing from Cricut, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Cricut, Inc..
What are the key takeaways from Cricut, Inc.'s DEF 14A?
Cricut, Inc. filed this DEF 14A on April 3, 2024. Key takeaways: Cricut, Inc. will hold its annual meeting of stockholders virtually on May 16, 2024, at 10:00 a.m., Mountain Time.. The filing is a Definitive Proxy Statement (DEF 14A) filed on April 3, 2024.. The company's principal executive offices are located at 10855 South River Front Parkway, South Jordan, Utah 84095..
Is Cricut, Inc. a risky investment based on this filing?
Based on this DEF 14A, Cricut, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement with no immediate financial or operational disclosures that would significantly alter the risk profile.
What should investors do after reading Cricut, Inc.'s DEF 14A?
Stockholders should review the proxy statement to understand proposals, executive compensation, and vote accordingly. The overall sentiment from this filing is neutral.
How does Cricut, Inc. compare to its industry peers?
Cricut, Inc. operates in the consumer electronics and craft industry, providing tools and platforms for creative expression.
Are there regulatory concerns for Cricut, Inc.?
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
Industry Context
Cricut, Inc. operates in the consumer electronics and craft industry, providing tools and platforms for creative expression.
Regulatory Implications
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
What Investors Should Do
- Review the proxy statement for details on proposals to be voted on at the annual meeting.
- Examine the executive compensation section to understand pay structures and incentives.
- Vote your shares prior to the annual meeting date of May 16, 2024.
Key Dates
- 2024-05-16: Annual Meeting of Stockholders — Key date for stockholder voting and company governance.
- 2024-04-03: DEF 14A Filing — Date the definitive proxy statement was filed with the SEC.
Year-Over-Year Comparison
This filing is a DEF 14A for the 2024 annual meeting, following previous filings related to financial reporting and corporate actions.
Filing Stats: 4,852 words · 19 min read · ~16 pages · Grade level 11.6 · Accepted 2024-04-03 16:05:42
Filing Documents
- crct-20240402.htm (DEF 14A) — 570KB
- crct-20240402_g1.jpg (GRAPHIC) — 41KB
- crct-20240402_g2.jpg (GRAPHIC) — 48KB
- crct-20240402_g3.jpg (GRAPHIC) — 137KB
- crct-20240402_g4.jpg (GRAPHIC) — 120KB
- crct-20240402_g5.jpg (GRAPHIC) — 114KB
- crct-20240402_g6.jpg (GRAPHIC) — 123KB
- crct-20240402_g7.jpg (GRAPHIC) — 130KB
- 0001828962-24-000037.txt ( ) — 2852KB
- crct-20240402.xsd (EX-101.SCH) — 3KB
- crct-20240402_def.xml (EX-101.DEF) — 5KB
- crct-20240402_lab.xml (EX-101.LAB) — 6KB
- crct-20240402_pre.xml (EX-101.PRE) — 4KB
- crct-20240402_htm.xml (XML) — 61KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 20 Compensation Discussion and Analysis 20 Employment Arrangements 25 Tax and Accounting Considerations 26 Compensation Committee Report 26 Compensation Risk Assessment 27 Policy Prohibiting Hedging or Pledging of Securities 27 Summary Compensation Table for Fiscal 202 3 28 Grants of Plan-Based Awards for Fiscal 202 3 28 Outstanding Equity Awards at Fiscal 202 3 Year-End 29 Option Exercises and Stock Vested for Fiscal 202 3 30 Pension Benefits and Nonqualified Deferred Compensation 30 Potential Payments upon Termination or Change in Control 30 CEO Pay Ratio 35 Pay versus Performance 35 Equity Compensation Plan Information 37
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 37 RELATED PERSON TRANSACTIONS 39 Policies and Procedures for Related Person Transactions 39 OTHER MATTERS 40 Stockholder Proposals or Director Nominations for 202 5 Annual Meeting 40 Availability of Bylaws 40 Delinquent Section 16(a) Reports 40 202 3 Annual Report 41 CRICUT, INC. PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS To be held at 10:00 a.m., Mountain Time, on May 16, 2024 The information provided in the "question and answer" format below is for your convenience only and is merely a summary of the information contained in this proxy statement. You should read this entire proxy statement carefully. QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND OUR ANNUAL MEETING Why am I receiving these materials? This proxy statement and the form of proxy are furnished in connection with the solicitation of proxies by our board of directors for use at the 2024 annual meeting of stockholders of Cricut, Inc., a Delaware corporation, and any postponements, adjournments or continuations thereof. The annual meeting will be held on May 16, 2024 at 10:00 a.m., Mountain Time. The annual meeting will be conducted virtually via live audio webcast. You will be able to attend the annual meeting virtually by visiting www.virtualshareholdermeeting.com/CRCT2024, where you will be able to listen to the meeting live, submit questions and vote online during the meeting. The Notice of Internet Availability of Proxy Materials, or Notice of Internet Availability, containing instructions on how to access this proxy statement, the accompanying notice of annual meeting and form of proxy, and our annual report, is first being sent or given on or about April 3, 2024 to all stockholders of record as of March 21, 2024. The proxy materials and our annual report can be accessed as of April 3, 2024 by visiting www.proxyvote.com. If you receive a Notice of Internet Availability, then you will not