STOCK TITAN

Insider sale notice at Cardio (NASDAQ: CRDO) — 27,580 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Reporting person submitted a Form 144 to sell 27,580 shares of Common Stock. The notice lists Goldman Sachs & Co. LLC as the broker and a filing/date reference of 04/14/2026 with NASD. The schedule itemizes securities tied to compensation: 20,000 shares from a 05/11/2016 cashless exercise/same-day sale, and two Restricted Stock Unit entries of 3,790 shares each dated 04/02/2026 and 04/05/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies the market of an intended resale of restricted/compensatory shares.

The filing lists a proposed sale quantity of 27,580 shares and identifies Goldman Sachs & Co. LLC as the broker with a filing date of 04/14/2026. The lots originate from compensation events: a 05/11/2016 cashless exercise (20,000 shares) and two RSU entries (3,790 shares each) in April 2026.

Cash‑flow treatment and sale timing are not detailed in the excerpt; subsequent Form 144 amendments or Form 4/Form 5 filings would show executed dispositions or proceeds. Monitor future securities‑reporting filings for confirmation of actual sales.

Proposed resale 27,580 shares Form 144 entry, file date 04/14/2026
Cashless exercise lot 20,000 shares Acquired as compensation — 05/11/2016; cashless exercise / same-day sale
RSU grant 1 3,790 shares Acquired as compensation — Restricted Stock Units dated 04/02/2026
RSU grant 2 3,790 shares Acquired as compensation — Restricted Stock Units dated 04/05/2026
Broker / Filing Goldman Sachs & Co. LLC Listed broker with NASD reference on 04/14/2026
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Cashless exercise financial
"Acquired as compensation -- Stock Options | Compensation -- Cashless exercise / same-day sale"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
Restricted Stock Units financial
"Acquired as compensation -- Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does CRDO's Form 144 filing mean?

It notifies the SEC of a proposed resale of restricted shares by a holder. The notice lists 27,580 shares, broker Goldman Sachs & Co. LLC, and filing date 04/14/2026.

How many shares are listed to be sold in the CRDO Form 144?

The Form 144 lists 27,580 shares of Common Stock proposed for sale. The entry appears alongside broker information and the filing date 04/14/2026.

What securities are the shares tied to in the filing?

The shares derive from compensation events: a 20,000-share cashless exercise dated 05/11/2016 and two RSU grants of 3,790 shares on 04/02/2026 and 04/05/2026.

Who is the broker named in the Form 144 for CRDO?

The filing names Goldman Sachs & Co. LLC as the broker. The record includes an NASD reference and the filing date 04/14/2026.

Does this Form 144 confirm the shares have been sold?

No. The Form 144 is a notice of proposed sale and does not confirm execution. Subsequent transaction reports would confirm whether the sales occurred.