Credo Technology Group Holding Ltd (CRDO) insider sells 370,000 shares
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd reported insider share sales by a director who also serves as Chief Operating Officer. On December 11, 2025, an affiliated entity, Zhan BVI Co Ltd, sold an aggregate of 370,000 Credo ordinary shares in multiple trades at weighted-average prices ranging from about $149.92 to $160.43 per share. These sales were made pursuant to a Rule 10b5-1 trading plan adopted on July 2, 2025.
After the transactions, Zhan BVI Co Ltd held 400,000 Credo ordinary shares. The reporting person also beneficially owned 2,622,055 ordinary shares directly and 125,000 ordinary shares indirectly through EZ Trust. The reporting person disclaims beneficial ownership of the indirectly held shares beyond any pecuniary interest.
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FAQ
What insider share sale did Credo Technology Group Holding Ltd (CRDO) disclose?
The filing shows that the reporting person, a director and Chief Operating Officer of Credo Technology Group Holding Ltd, reported the sale of an aggregate 370,000 ordinary shares on December 11, 2025 through an affiliated entity, Zhan BVI Co Ltd.
At what prices were the 370,000 Credo (CRDO) shares sold?
The 370,000 ordinary shares were sold in multiple transactions at weighted-average prices with trade price ranges disclosed between $149.92 and $160.43 per share, as detailed in the transaction footnotes.
Were the Credo insider sales made under a Rule 10b5-1 trading plan?
Yes. The explanation states that the sales reported were effected pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on July 2, 2025.
How many Credo Technology Group (CRDO) shares does the insider own after the reported transactions?
After the reported sales, Zhan BVI Co Ltd held 400,000 ordinary shares. The reporting person also beneficially owned 2,622,055 ordinary shares directly and 125,000 ordinary shares indirectly through EZ Trust.
Does the Credo insider claim full beneficial ownership of all indirect holdings?
No. The filing notes that the reporting person disclaims beneficial ownership of shares held indirectly through Zhan BVI Co Ltd, and of shares held through EZ Trust, except to the extent of any pecuniary (economic) interest.
What is the reporting persons relationship to Credo Technology Group Holding Ltd (CRDO)?
The reporting person is identified as both a Director and an Officer of Credo Technology Group Holding Ltd, with the officer title listed as Chief Operating Officer.
Were the Credo (CRDO) insider sales executed in single or multiple trades?
The sales were executed in multiple trades for each reported line item. The filing explains that each transaction occurred within narrow price ranges and that the prices shown are weighted-average sale prices.