[144] Credo Technology Group Holding Ltd SEC Filing

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd reported a Form 144 notice for a proposed sale of 154,984 Class A common shares, scheduled approximately on 10/07/2025, listed for sale through Goldman Sachs & Co. LLC on the NASD. The filing shows those shares were acquired in tranches between 01/27/2022 and 04/04/2024, primarily as restricted stock units and a private issuance from the issuer. The filing also discloses multiple prior sales by related parties in 08/2025 and 09/2025 with individual gross proceeds reported per sale.

Positive

• Transparent disclosure of acquisition dates and nature (RSUs and private issuance)
• Broker and exchange identified (Goldman Sachs & Co. LLC; NASD), aiding execution traceability
• Prior sales reported with gross proceeds, showing historical disposition activity

Negative

• Large proposed sale of 154,984 shares with aggregate market value $21,263,804.80 may increase float pressure
• Multiple recent related-party sales in 08/2025 and 09/2025 with combined gross proceeds approximately $33,685,055, indicating substantial insider liquidity
• Approximate sale date (10/07/2025) is not definitive and requires follow-up to confirm execution

Insights

Insider Transactions Analyst

TL;DR: Significant insider selling disclosed; sequence of prior sales shows active dispositions by related parties.

The filing documents a proposed sale of 154,984 Class A shares through Goldman Sachs with an aggregate market value listed as $21,263,804.80 and an approximate sale date of 10/07/2025. The shares were acquired in multiple tranches between 01/27/2022 and 04/04/2024, primarily as restricted stock units and a private issuer issuance.

Related-party activity includes several cash sales in 08/2025 and 09/2025 with reported gross proceeds per transaction. Monitor additional Form 4/Form 144 filings and the actual execution of the 10/07/2025 sale to confirm timing, sizes, and any remaining lock-up constraints.

Compliance & Disclosure Adviser

TL;DR: Filing appears to meet Rule 144 disclosure items by listing acquisition history and recent sales.

The notice supplies acquisition dates, transaction nature (issuer issuance and RSUs), number of shares acquired per tranche, and broker details, aligning with Rule 144 disclosure elements required for proposed sales. The signer represents no undisclosed material adverse information as part of the certification language.

Watch for matching Form 4 reports and any statements that would clarify whether sales are part of a trading plan (Rule 10b5-1). Confirm whether the listed approximate sale date 10/07/2025 is executed as planned.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	154984	21263804.8	172995595	10/07/2025	NASD

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	01/31/2022	Acquired from issuer in private transaction	Issuer			100000	01/31/2022	None
Class A Common	01/05/2023	Acquired as compensation -- Restricted Stock Units	Issuer			28428	01/05/2023	Compensation
Class A Common	04/04/2024	Acquired as compensation -- Restricted Stock Units	Issuer			10412	04/04/2024	Compensation
Class A Common	01/27/2022	Acquired as compensation -- Restricted Stock Units	Issuer			16144	01/27/2022	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
The Brennan Family Trust, DTD 09/06/2002 Maples Corporate Services, Limited PO Box 309, Ugland House Grand Cayman E9 KY1-1104	Class A Common	08/01/2025	100000	10811420
The Brennan Family Trust, DTD 09/06/2002 Maples Corporate Services, Limited PO Box 309, Ugland House Grand Cayman E9 KY1-1104	Class A Common	08/01/2025	50000	5279425
William Joseph Brennan III Maples Corporate Services, Limited PO Box 309, Ugland House Grand Cayman E9 KY1-1104	Class A Common	08/01/2025	46444	4903952.29
William Joseph Brennan III Maples Corporate Services, Limited PO Box 309, Ugland House Grand Cayman E9 KY1-1104	Class A Common	09/11/2025	9476	1528131.98
The Brennan Family Trust, DTD 09/06/2002 Maples Corporate Services, Limited PO Box 309, Ugland House Grand Cayman E9 KY1-1104	Class A Common	09/16/2025	50000	8205515
William Joseph Brennan III Maples Corporate Services, Limited PO Box 309, Ugland House Grand Cayman E9 KY1-1104	Class A Common	09/16/2025	18016	2956611.17

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by Credo Technology (CRDO) disclose?

The filing discloses a proposed sale of 154,984 Class A shares through Goldman Sachs & Co. LLC with an aggregate market value listed as $21,263,804.80 and an approximate sale date of 10/07/2025.

When were the shares to be sold originally acquired?

The disclosed shares were acquired between 01/27/2022 and 04/04/2024, mainly as restricted stock units and a private issuance from the issuer.

Have related parties sold Credo (CRDO) shares recently?

Yes. The filing lists multiple sales by related parties in 08/2025 and 09/2025 with individual gross proceeds reported for each transaction.

Who is the broker handling the proposed sale?

The broker named in the notice is Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY.

Does the Form 144 state whether a trading plan under Rule 10b5-1 is being used?

No explicit Rule 10b5-1 plan adoption date or instruction is provided in the notice; the form includes the standard representation language but no plan date is shown.

What should investors monitor after this filing?

Investors should monitor subsequent Form 4 filings and market reports to confirm if the 10/07/2025 sale was executed and to track any further insider dispositions.