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Cricut(CRCT.US) 10% Shareholder Sells US$6.97 Million in Common Stocks

moomoo News ·  11/25/2023 03:41

$Cricut (CRCT.US)$ 10% Shareholder Abdiel Capital Management, LLC sold 1 million shares of Common Stocks on Nov 21, 2023 at an average price of $6.97 for a total value of $6.97 million.

This transaction involves other related parties: Abdiel Qualified Master Fund LP, Abdiel Capital LP, Abdiel Capital Advisors, LP and Moran Colin T..

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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