Credo Technology (NASDAQ: CRDO) director sells 3,451 Ordinary Shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credo Technology Group director Clyde Hosein reported an open-market sale of company shares. He sold 3,451 Ordinary Shares on 2026-07-01 at a price of $262.3250 per share. After this transaction, he directly holds 16,850 Ordinary Shares, indicating he retains a meaningful equity stake following the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,451 shares ($905,284)
Net Sell
1 txn
Insider
HOSEIN CLYDE
Role
null
Sold
3,451 shs ($905K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,451 | $262.325 | $905K |
Holdings After Transaction:
Ordinary Shares — 16,850 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 3,451 shares
Sale price per share: $262.3250 per share
Shares held after transaction: 16,850 shares
+1 more
4 metrics
Shares sold
3,451 shares
Ordinary Shares sold on July 1, 2026
Sale price per share
$262.3250 per share
Price for Ordinary Shares sold on July 1, 2026
Shares held after transaction
16,850 shares
Director’s direct holdings following the sale
Transaction code
S
Open-market or private sale of non-derivative securities
Key Terms
Ordinary Shares, open-market sale, Form 4, non-derivative securities
4 terms
open-market sale financial
"He sold 3,451 Ordinary Shares on 2026-07-01 at a price of $262.3250 per share."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The transaction occurred on July 1, 2026, and was disclosed in a Form 4 insider trading report filed with regulators."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative securities financial
"The Form 4 shows an open-market sale of non-derivative securities, specifically Ordinary Shares."
FAQ
What insider transaction did Credo Technology Group (CRDO) report for Clyde Hosein?
Credo Technology Group reported that director Clyde Hosein executed an open-market sale of 3,451 Ordinary Shares. The transaction occurred on July 1, 2026, and was disclosed in a Form 4 insider trading report filed with regulators.
What type of transaction did Clyde Hosein’s Credo Technology Group (CRDO) Form 4 show?
The Form 4 shows an open-market sale of non-derivative securities, specifically Ordinary Shares. The sale used transaction code “S,” which indicates a sale in the open market or a comparable private transaction rather than an option exercise or derivative conversion.
Is Clyde Hosein considered a director or officer of Credo Technology Group (CRDO) in this filing?
In the Form 4, Clyde Hosein is identified as a director of Credo Technology Group and not as an officer. The reporting data flags him as a director, with no officer role or ten-percent beneficial ownership status disclosed in this particular filing.