261,439 CRDO shares slated for sale (NASDAQ: CRDO) in 2026
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
The issuer of NASDAQ-listed CRDO filed a Form 144 notice for a proposed sale of up to 261,439 shares of common stock through Morgan Stanley Smith Barney LLC. These securities have an aggregate market value of 61,746,663.02, compared with 186,477,898 common shares outstanding.
The shares consist of 111,439 acquired as Restricted Stock Units dated September 1, 2022, and 150,000 Founders Shares dated November 12, 2014. The approximate sale date is July 15, 2026, with the shares expected to trade on NASDAQ.
Positive
- None.
Negative
- None.
Key Figures
Shares planned for sale: 261,439 shares
Aggregate market value: 61,746,663.02
Shares outstanding: 186,477,898 shares
+3 more
6 metrics
Shares planned for sale
261,439 shares
Common stock covered by the Form 144 notice
Aggregate market value
61,746,663.02
Value of securities proposed to be sold
Shares outstanding
186,477,898 shares
Common shares outstanding referenced in the notice
Restricted Stock Units shares
111,439 shares
Shares from RSUs dated 09/01/2022 included in the sale
Founders Shares
150,000 shares
Founders Shares dated 11/12/2014 included in the sale
Approximate sale date
07/15/2026
Proposed sale timing of the common shares on NASDAQ
Key Terms
Securities To Be Sold, Restricted Stock Units, Founders Shares
3 terms
Securities To Be Sold regulatory
"144: Securities To Be Sold"
Restricted Stock Units financial
"Common | 09/01/2022 | Restricted Stock Units | Issuer"
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.
FAQ
What does the Form 144 filing for CRDO report?
The Form 144 for CRDO reports a planned sale of up to 261,439 common shares through Morgan Stanley Smith Barney LLC, referencing an aggregate market value of 61,746,663.02 and 186,477,898 common shares outstanding on NASDAQ.
When were the CRDO securities in the Form 144 originally acquired?
The notice lists 111,439 shares from Restricted Stock Units dated September 1, 2022, and 150,000 Founders Shares dated November 12, 2014. These acquisition dates support the holding period information required for the Form 144 sale.