Credo Technology Director Pantas Sutardja Files Form 144 to Sell $333K in Common Shares
Credo Technology Group Holding Ltd
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Filing Summary
# Form 144 Notice: Credo Technology Group Holding Ltd (CRDO)
**Insider:** Pantas Sutardja (Director)
**Proposed Transaction:** Sale of 1,540 Common shares
**Estimated Value:** $333,487.00 (~$216.55/share)
**Trading Plan:** Rule 10b5-1 plan adopted on April 15, 2026
**Significance:** Low
Comprehensive Analysis
Executive Summary
On October 13, 2026, Credo Technology Group Holding Ltd (NASDAQ: CRDO) filed a Form 144 notice disclosing that Director Pantas Sutardja intends to sell 1,540 shares of common stock through Morgan Stanley Smith Barney LLC. The proposed sale carries an aggregate market value of $333,487.00, implying an average price per share of approximately $216.55.
Transaction Details
- Securities to be Sold: 1,540 Common shares
- Source of Shares: Restricted Stock Units acquired from the issuer on October 12, 2026
- Approximate Sale Date: October 12, 2026
- Rule 10b5-1 Plan Adoption Date: April 15, 2026
- Past 3 Months Activity: No prior sales reported in the past three months
Impact Assessment
The transaction represents a negligible fraction of Credo's approximately 187.95 million shares outstanding. Given the modest dollar amount ($333,487) and execution pursuant to a pre-arranged Rule 10b5-1 plan adopted in April 2026, this filing holds Low market significance and is routine in nature.
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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.