[144] Credo Technology Group Holding Ltd SEC Filing
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) filed a Form 144 notifying the proposed sale of 112,580 common shares, representing an aggregate market value of $16,759,784.60. The sale is planned on 10/08/2025 through Goldman Sachs & Co. LLC on the NASD. The filing lists prior acquisitions of the shares mainly as restricted stock units and earlier stock-option exercises between 2016 and 2025, and shows two recent open-market sales in the past three months totaling 7,580 shares for gross proceeds of about $890,059. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
Planned sale largely comprises recently vested RSUs and option exercises.
The filing shows multiple acquisitions labeled as compensation, including RSUs dated 10/02/2025, 10/05/2025, and earlier grants from 2022 and 2023, plus option-related stock from 05/11/2016. This pattern is consistent with routine liquidity events when restricted awards vest or options are exercised.
Key dependency is the timing of planned sale on 10/08/2025, which may reflect scheduled vesting or tax/liquidity needs; monitor subsequent Form 4 or 144 filings within 30 days for completion details.
Proposed block equals 0.065 of outstanding shares — visible but not control-changing.
The 112,580-share notice compares with 172,995,595 shares outstanding, a small fraction of total equity. Recent sales in 07/10/2025 and 09/05/2025 totaling 7,580 shares are disclosed with gross proceeds shown, indicating active selling activity by the reported account.
Watch for actual trade execution reports and any related Form 4 filings to confirm whether the planned 10/08/2025 sale occurred and to quantify total insider dispositions over the quarter.