Brennan family trust to sell 50,000 shares (CRDO) in Form 144 filing

Rhea-AI Filing Summary

CRDO-related Form 144 notice: proposed dispositions by members of the Brennan family. The filing lists a 50,000-share sale by The Brennan Family Trust DTD 9/6/2002 and an 18,016-share sale by William Joseph Brennan III, both dated 03/11/2026. The document also lists multiple Restricted Stock Units acquired as compensation on specific dates, with per-grant counts such as 9,476, 3,860, 10,925, and 11,771.

Insights

Securities Compliance Counsel

Form 144s report proposed sales by related parties; amounts and dates are explicit.

These entries list proposed dispositions: 50,000 shares by a family trust and 18,016 shares by an individual, both dated 03/11/2026. The filing is a notice of intent to sell under Rule 144 and does not itself record completed trades.

Timing and cash‑flow treatment are not included here; subsequent Form 4s or broker reports would show execution. Watch for later filings that confirm whether these proposed dispositions were executed.

Key Figures

Proposed sale by family trust: 50,000 shares Proposed sale by individual: 18,016 shares RSU grant example: 9,476 shares +3 more

6 metrics

Proposed sale by family trust 50,000 shares sale dated 03/11/2026

Proposed sale by individual 18,016 shares sale dated 03/11/2026

RSU grant example 9,476 shares acquired as compensation on 04/05/2026 (per entry)

RSU grant example 3,860 shares acquired as compensation on 01/02/2025 (per entry)

RSU grant example 10,925 shares acquired as compensation on 09/01/2022 (per entry)

RSU grant example 11,771 shares acquired as compensation on 03/01/2023 (per entry)

Key Terms

Restricted Stock Units, Form 144, Beneficial owner

3 terms

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.

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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.

Beneficial owner regulatory

"The Brennan Family Trust DTD 9/6/2002"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

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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
Common Shares	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	54984	11375639.76	185369940	06/05/2026	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 *
Common Shares	04/05/2026	Acquired as compensation -- Restricted Stock Units	Issuer			9476	04/05/2026	Compensation
Common Shares	04/02/2026	Acquired as compensation -- Restricted Stock Units	Issuer			9476	04/02/2026	Compensation
Common Shares	01/05/2025	Acquired as compensation -- Restricted Stock Units	Issuer			9476	01/05/2025	Compensation
Common Shares	01/02/2025	Acquired as compensation -- Restricted Stock Units	Issuer			3860	01/02/2025	Compensation
Common Shares	09/01/2022	Acquired as compensation -- Restricted Stock Units	Issuer			10925	09/01/2022	Compensation
Common Shares	03/01/2023	Acquired as compensation -- Restricted Stock Units	Issuer			11771	03/01/2023	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
William Joseph Brennan III Maples Corporate Services, Limited PO Box 309, Ugland House Grand Cayman E9 KY1-1104	Common Shares	03/11/2026	18016	2120038.2
The Brennan Family Trust DTD 9/6/2002 Maples Corporate Services, Limited PO Box 309, Ugland House Grand Cayman E9 KY1-1104	Common Shares	03/11/2026	50000	5883765

144: Remarks and Signature

Remarks

Date of Notice

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 CRDO Form 144 disclose about the Brennan sellers?

It discloses a proposed 50,000-share sale by The Brennan Family Trust and a proposed 18,016-share sale by William Joseph Brennan III, both dated 03/11/2026. The filing is a notice of intent to sell under Rule 144.

Do the listed Restricted Stock Units affect the proposed sales in the Form 144?

The filing lists multiple RSU grants and per-grant counts (for example, 9,476, 3,860, 10,925, 11,771) as acquired compensation. The document does not state that those specific RSUs are the shares being sold.

Are the sales in this Form 144 completed transactions?

No. Form 144 is a notification of proposed sales under Rule 144. Execution is not recorded here; subsequent filings or broker records would confirm completed transactions.

Who receives the proceeds from the sales listed in the Form 144?

The filing lists the sellers (an individual and a family trust) but does not state who receives proceeds. Cash‑flow treatment is not disclosed in the provided excerpt.

Where can I see if these proposed sales were executed?

Look for later public filings such as Form 4s or broker confirmations that report executed dispositions. This Form 144 only reflects the intent to sell as of 03/11/2026.