Credo Technology Officer Files Form 144 to Sell $1.61M Under 10b5-1 Plan
Credo Technology Group Holding Ltd
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Filing Summary
Proposed sale of 7,580 common shares (~$1.61M) by Officer Daniel Fleming pursuant to a Rule 10b5-1 trading plan.
Comprehensive Analysis
Executive Summary
On October 8, 2026, Daniel Fleming, an Officer of Credo Technology Group Holding Ltd (NASDAQ: CRDO), filed Form 144 indicating an intent to sell 7,580 shares of common stock with an estimated aggregate market value of approximately $1.61 million through Goldman Sachs & Co. LLC.
Transaction Details
- Shares Proposed for Sale: 7,580 common shares
- Estimated Aggregate Market Value: $1,605,898.80 (~$211.86 per share)
- Shares Outstanding: 187,951,918
- Relative Size: Approximately 0.004% of total shares outstanding
- Origin of Securities: Acquired via Restricted Stock Unit (RSU) vesting (3,790 shares on 10/02/2026 and 3,790 shares on 10/05/2026) as compensatory equity awards.
- Trading Plan: Sales are being conducted under a pre-established Rule 10b5-1 trading plan adopted on January 12, 2026.
Prior Dispositions (Past 3 Months)
- 07/08/2026: Sold 7,580 shares for gross proceeds of $1,863,771.92 under the same 10b5-1 trading plan.
Market Impact & Significance
The proposed sale is categorized as Low significance. The transaction represents a negligible fraction of the issuer's outstanding share base and is executed under a pre-arranged Rule 10b5-1 plan following routine RSU vestings.
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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.
