Credo Technology Chief Legal Officer Sells $1.03M in Shares

Overview

On October 5, 2026, James Laufman, Chief Legal Officer and Secretary of Credo Technology Group Holding Ltd ($CRDO), reported an open-market sale of 5,000 ordinary shares conducted on October 1, 2026. The transaction generated total proceeds of $1,025,000 at a execution price of $205.00 per share.

Transaction Details

• Security: Ordinary Shares
• Shares Sold: 5,000
• Price Per Share: $205.00
• Gross Proceeds: $1,025,000.00
• Remaining Direct Ownership: 164,223 shares
• Rule 10b5-1 Checkbox: Not checked (aff10b5One indicates 0)

Holding Context and Impact

Prior to this transaction, Laufman held 169,223 ordinary shares directly. The sale represents approximately 2.95% of his direct holdings, leaving him with an ongoing stake of 164,223 shares. While the transaction crossed the $1 million threshold, the modest proportion of holdings sold and retention of substantial equity indicate standard portfolio diversification rather than an aggressive exit.