[144] Credo Technology Group Holding Ltd SEC Filing
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) filed a Form 144 disclosing a proposed sale of 230,000 common shares through Morgan Stanley Smith Barney LLC on the NASDAQ, with an aggregate market value of $33,490,300.00 and approximately 172,995,595 shares outstanding. The shares were acquired on 11/12/2014 as private/founders' shares from the issuer and payment was recorded on the same date. The filing reports no securities sold in the past three months by the filing person. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information and references Rule 10b5-1 trading plans but does not provide a plan adoption date or additional remarks.
Positive
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Negative
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Insights
TL;DR: Routine insider sale notice; disclosure provides basic facts but shows no recent sales.
The Form 144 is a standard compliance filing notifying the market of a proposed sale of 230,000 common shares executed through Morgan Stanley on NASDAQ. It specifies acquisition as private/founders' shares dated 11/12/2014 and confirms no sales in the prior three months. This filing supplies transaction-level transparency required under Rule 144 but contains no commentary on trading plans or material undisclosed information.
TL;DR: Procedural disclosure aligns with regulatory requirements; no governance red flags disclosed.
The notice includes the seller's declaration regarding lack of material non-public information and mentions Rule 10b5-1 but does not indicate an adopted plan date. From a governance perspective, the filing meets Form 144 content requirements by identifying broker, share count, acquisition date, and source of shares. There are no signatures or additional remarks included in the provided content.