Credo Technology Group Officer Files Form 144 to Sell $925K in Common Stock
Credo Technology Group Holding Ltd
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Filing Summary
Proposed Sale: James L Laufman (Officer) filed a Form 144 notice to sell 5,000 shares of Credo Technology Group Holding Ltd ($CRDO) for an estimated total value of $925,001.00 (~$185.00/share) through Morgan Stanley Smith Barney LLC.
Comprehensive Analysis
Executive Summary
On September 21, 2026, James L Laufman, an Officer at Credo Technology Group Holding Ltd ($CRDO), filed SEC Form 144 indicating an intent to sell 5,000 shares of common stock. The aggregate market value of the proposed transaction is approximately $925,001.00, implying an estimated share price of $185.00.
Transaction Details
- Filer: James L Laufman
- Role: Officer
- Proposed Sale Date: September 21, 2026
- Securities Offered: 5,000 Common shares
- Aggregate Market Value: $925,001.00
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Origin of Shares: Acquired on August 19, 2026, as restricted stock directly from the issuer.
Market Impact & Significance
The proposed sale represents an immaterial fraction (<0.01%) of Credo Technology's 187,951,918 outstanding shares. The insider reported no other securities sold in the preceding three months. Given the modest transaction size relative to the company's total float, this planned transaction is categorized as having Low market significance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
