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Credo insider plans $5.0M stock sale for 2026

Credo Technology Group Holding Ltd (CRDO) received a notice that William Joseph Brennan, through The Brennan Family Trust dated September 6, 2002, plans to sell common shares under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd (CRDO) received a notice that William Joseph Brennan, through The Brennan Family Trust dated September 6, 2002, plans to sell common shares under Rule 144. A total of 33,338 common shares are planned to be sold through Goldman Sachs & Co. LLC, with an aggregate market value of $5,003,700.42, on or about September 14, 2026.

The shares were originally acquired from Credo in a private transaction on January 31, 2022. The planned sales are made under a selling plan dated June 10, 2026 that is intended to comply with Rule 10b5-1(c). Credo had 187,951,918 common shares outstanding at the time referenced in the notice.

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Shares to be sold under Rule 144 33,338 shares Common shares planned to be sold for the account of William Joseph Brennan
Aggregate market value of planned sale $5,003,700.42 Market value of 33,338 Credo common shares to be sold
Credo common shares outstanding 187,951,918 shares Shares outstanding for Credo Technology Group Holding Ltd referenced in the notice
Date shares were acquired January 31, 2022 Acquired from issuer in a private transaction
Planned sale date September 14, 2026 Approximate date of sale for the Rule 144 transaction
Selling plan date June 10, 2026 Date of the selling plan intended to comply with Rule 10b5-1(c)
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1(c) regulatory
"selling plan dated 6/10/2026, that is intended to comply with Rule 10b5-1(c)"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
selling plan financial
"sales of shares set forth herein are made in connection with a selling plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for CRDO?

It discloses that 33,338 common shares of Credo Technology Group Holding Ltd are planned to be sold under Rule 144, with Goldman Sachs & Co. LLC acting as broker and an aggregate market value of $5,003,700.42.

Who is selling Credo (CRDO) shares in this Form 144?

The planned sale is for the account of William Joseph Brennan, with all shares to be sold from The Brennan Family Trust, DTD 09/06/2002. Goldman Sachs & Co. LLC signed the notice on his behalf as broker.

How many Credo (CRDO) shares and what value are covered by the Form 144?

The notice covers 33,338 common shares of Credo with an aggregate market value of $5,003,700.42, to be sold on or about September 14, 2026 on a national securities association (NASD) market.

When and how were the Credo (CRDO) shares being sold under Form 144 acquired?

The 33,338 common shares covered by the notice were acquired from the issuer in a private transaction on January 31, 2022, with the issuer listed as the person from whom they were acquired.

Is the Credo (CRDO) Form 144 sale under a Rule 10b5-1 plan?

Yes. The remarks state the sales are made in connection with a selling plan dated June 10, 2026, which is intended to comply with Rule 10b5-1(c), indicating a pre-arranged trading plan.

How many Credo (CRDO) shares were outstanding according to the Form 144?

The Form 144 states that Credo Technology Group Holding Ltd had 187,951,918 common shares outstanding at the time referenced in the securities information section of the notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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