[144] Credo Technology Group Holding Ltd SEC Filing

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd (CRDO) Rule 144 notice reports a proposed sale of 20,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $3,502,478, to be sold on 09/18/2025 on NASDAQ. The shares were acquired from the issuer on 12/20/2020 in a private issuance and paid for in cash. The filing also lists four prior sales by the related holder WALDEN TECHNOLOGY VENTURES II LP during the past three months, totaling 171,545 shares and gross proceeds of approximately $17,303,100. The filer certifies no undisclosed material adverse information and includes broker details and transaction dates.

Positive

• Clear disclosure of the proposed sale, acquisition date, payment method, and executing broker improves market transparency
• Form lists prior sales with dates and gross proceeds, allowing investors to see recent liquidity events by the holder

Negative

• Large recent dispositions by WALDEN TECHNOLOGY VENTURES II LP (171,545 shares for ~ $17.3M) could increase share supply and pressure the stock
• Proposed sale of 20,000 shares valued at $3.5M adds near-term selling pressure given recent transactions

Insights

Securities Analyst

TL;DR: Large secondary sales and a new proposed sale may pressure free float and signal liquidity by a major holder.

The notice documents a proposed Rule 144 sale of 20,000 shares valued at $3.5 million and shows WALDEN TECHNOLOGY VENTURES II LP sold 171,545 shares in recent months for roughly $17.3 million. From an investor-impact perspective this is a routine disclosure of insider/affiliate sales rather than operating news, but the magnitude of recent dispositions is notable relative to typical microcap free floats and could increase share supply near the announced sale date. The filing clearly states acquisition source and payment in cash, and identifies the executing broker, aiding market transparency.

Corporate Governance Specialist

TL;DR: Proper Rule 144 compliance is shown, but aggregated recent sales warrant monitoring for ownership changes.

This Form 144 provides required seller representations and transaction detail, including acquisition date and that payment was cash. The disclosures satisfy procedural compliance. However, multiple large sales by a related limited partner over a short period may reflect portfolio reallocation or winding down of a stake; while not a direct governance violation, it is material for shareholders tracking insider/affiliate ownership trends. The form contains no statements about any trading plans or 10b5-1 arrangements.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	20000	3502478.00	172995595	09/18/2025	NASDAQ

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	12/20/2020	Private Acquisition from Issuer/Affiliate	Issuer			20000	12/20/2020	Cash

* 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
WALDEN TECHNOLOGY VENTURES II LP Maples Corporate Services, Limited, PO B ox 309,Ugland House Grand Cayman E9 KY1-1104	Common	09/12/2025	25000	4049250.00
WALDEN TECHNOLOGY VENTURES II LP Maples Corporate Services, Limited, PO B ox 309,Ugland House Grand Cayman E9 KY1-1104	Common	06/25/2025	12248	1141729.16
WALDEN TECHNOLOGY VENTURES II LP Maples Corporate Services, Limited, PO B ox 309,Ugland House Grand Cayman E9 KY1-1104	Common	06/24/2025	80000	7261816.00
WALDEN TECHNOLOGY VENTURES II LP Maples Corporate Services, Limited, PO B ox 309,Ugland House Grand Cayman E9 KY1-1104	Common	06/18/2025	54297	4690305.17

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 Form 144 filed for CRDO disclose?

The notice discloses a proposed Rule 144 sale of 20,000 common shares (market value $3,502,478) to be sold on 09/18/2025 via Morgan Stanley Smith Barney.

When were the shares being proposed for sale originally acquired?

The 20,000 shares were acquired from the issuer on 12/20/2020 in a private acquisition and paid for in cash.

Has the filer or related holders sold shares recently?

Yes. WALDEN TECHNOLOGY VENTURES II LP sold 171,545 shares across four transactions in June and September 2025, generating approximately $17,303,100 in gross proceeds.

Which broker is handling the proposed sale for CRDO?

The executing broker is listed as Morgan Stanley Smith Barney LLC Executive Financial Services in New York.

Does the filing state any undisclosed material information about the issuer?

By signing the notice, the seller represents they do not know any material adverse information about the issuer that has not been publicly disclosed.