Cheng Huang Family Trust to sell 275,000 shares (NASDAQ: CRDO)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
The Cheng Huang Family Trust reported proposed sales of 275,000 shares of common stock under a Form 144 filing. The filing lists an aggregate value of $73,026,250.00 and shows multiple 10b5-1 execution dates with 27,500-share transactions in April–June 2026.
Positive
- None.
Negative
- None.
Key Figures
Proposed sale: 275,000 shares
Aggregate value listed: $73,026,250.00
Individual 10b5-1 trade size: 27,500 shares
+3 more
6 metrics
Proposed sale
275,000 shares
Form 144 filing
Aggregate value listed
$73,026,250.00
value shown on the filing
Individual 10b5-1 trade size
27,500 shares
repeated per-trade size in April–June 2026
Example trade date
06/30/2026
10b5-1 sale of 27,500 shares
Filing reference date
07/07/2026
date appearing on filing header
Context number
186,477,898
number shown on filing header
Key Terms
10b5-1, Form 144, Founders Shares, Maples Corporate Services, Limited
4 terms
10b5-1 regulatory
"10b5-1 Sales for CHENG HUANG FAMILY TRUST Maples"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
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.
Maples Corporate Services, Limited other
"Maples Corporate Services, Limited GRAND CAYMAN"
FAQ
What does the CRDO Form 144 filing state about the sale size?
The filing states a proposed sale of 275,000 shares. It also lists an aggregate dollar figure of $73,026,250.00 associated with the securities in the filing.
Who is the selling holder named in the Form 144 for CRDO?
The selling holder is the Cheng Huang Family Trust, represented by Maples Corporate Services, Limited in Grand Cayman. The filing lists the trust as the source of the reported transactions.
Were any sales already executed under a trading plan in the filing?
Yes; the filing lists multiple 10b5-1 sales by the Cheng Huang Family Trust, each for 27,500 shares on dates in April, May and June 2026.
What are the individual 10b5-1 trade sizes shown in the filing?
The excerpt shows repeated 10b5-1 transactions of 27,500 shares on several dates (for example, 06/30/2026, 06/23/2026, 06/16/2026) with dollar amounts reported per trade.
Which intermediary is listed for the Cheng Huang Family Trust transactions?
The filing lists Maples Corporate Services, Limited (Grand Cayman) as the representative/intermediary for the Cheng Huang Family Trust in these transactions.