Credo Technology (CRDO) CFO trims stake with 4,920-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd’s Chief Financial Officer Daniel W. Fleming reported two open-market sales of Ordinary Shares. He sold a total of 4,920 shares in separate transactions of 2,460 shares each at a price of $101.45 per share, and now directly holds 441,258 shares. These transactions represent a small portion of his overall stake and appear as routine portfolio activity by a senior executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,920 shares ($499,134)
Net Sell
2 txns
Insider
Fleming Daniel W.
Role
Chief Financial Officer
Sold
4,920 shs ($499K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,460 | $101.45 | $250K |
| Sale | Ordinary Shares | 2,460 | $101.45 | $250K |
Holdings After Transaction:
Ordinary Shares — 441,258 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold (total): 4,920 shares
Shares sold per transaction: 2,460 shares
Sale price per share: $101.45 per share
+2 more
5 metrics
Shares sold (total)
4,920 shares
Two open-market sales of Ordinary Shares
Shares sold per transaction
2,460 shares
Each of the two reported sales
Sale price per share
$101.45 per share
Price for both reported transactions
Shares held after latest transaction
441,258 shares
Direct ownership after 2026-04-05 sale
Net share change
4,920 shares
Net shares sold across reported trades
Key Terms
Ordinary Shares, open-market sale, tax withholding obligations, RSUs
4 terms
open-market sale financial
"transaction_action: "open-market sale" for both trades"
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.
tax withholding obligations financial
"satisfy tax withholding obligations in connection with the vesting and settlement of RSUs"
RSUs financial
"in connection with the vesting and settlement of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What insider transaction did Credo Technology Group (CRDO) report?
Credo Technology Group reported that CFO Daniel W. Fleming sold 4,920 Ordinary Shares in two open-market transactions. Each sale involved 2,460 shares at $101.45 per share, leaving him with 441,258 shares directly held.
Who is the insider involved in the latest CRDO Form 4 filing?
The insider is Daniel W. Fleming, Chief Financial Officer of Credo Technology Group. He reported two open-market sales of Ordinary Shares, totaling 4,920 shares at $101.45 per share, and now directly owns 441,258 shares after the transactions.
What are Daniel W. Fleming’s holdings in CRDO after the reported sales?
After the reported transactions, Daniel W. Fleming directly holds 441,258 Ordinary Shares of Credo Technology Group. This reflects his position following the sale of a combined 4,920 shares in two open-market transactions at $101.45 per share.
Were the CRDO insider transactions open-market sales or other types of trades?
The reported CRDO insider transactions were open-market sales of Ordinary Shares. Both trades are coded as “S” and described as sales in open market or private transactions, with 2,460 shares sold in each trade at $101.45 per share.
Does the CRDO Form 4 filing mention any derivative securities or option exercises?
The Form 4 data show no derivative transactions or option exercises in this filing. Both reported trades involve non-derivative Ordinary Shares, and the derivative summary section lists no remaining derivative positions associated with these transactions.