Credo (CRDO) legal chief sells 10,000 ordinary shares in market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd Chief Legal Officer and Secretary James Laufman reported an open-market sale of 10,000 Ordinary Shares at $164.41 per share. After this transaction, he directly holds 198,609 Ordinary Shares. This filing shows a single routine share sale by a senior officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($1,644,100)
Net Sell
1 txn
Insider
Laufman James
Role
Chief Legal Officer, Secretary
Sold
10,000 shs ($1.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 10,000 | $164.41 | $1.64M |
Holdings After Transaction:
Ordinary Shares — 198,609 shares (Direct)
Footnotes (1)
Key Figures
Shares sold: 10,000 shares
Sale price: $164.41 per share
Shares held after sale: 198,609 shares
3 metrics
Shares sold
10,000 shares
Open-market sale of Ordinary Shares on 2026-04-15
Sale price
$164.41 per share
Price for the 10,000-share open-market sale
Shares held after sale
198,609 shares
Direct ownership of Ordinary Shares following the transaction
Key Terms
Ordinary Shares, open-market sale, Form 4
3 terms
open-market sale financial
"transaction_action: "open-market sale""
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
"This Form 4 filing reports an open-market sale"
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.
FAQ
What insider transaction did Credo (CRDO) report for James Laufman?
Credo reported that Chief Legal Officer and Secretary James Laufman completed an open-market sale of 10,000 Ordinary Shares at $164.41 per share. Following this transaction, he holds 198,609 Ordinary Shares directly, according to the Form 4 filing.
Was the Credo (CRDO) insider transaction an open-market sale or something else?
The transaction was an open-market sale of Ordinary Shares. The Form 4 lists the transaction code as “S” with the description “Sale in open market or private transaction,” and categorizes it as a non-derivative transaction in Ordinary Shares.
Does the Credo (CRDO) Form 4 show any derivative transactions or option exercises?
No derivative transactions or option exercises appear in this Form 4. The filing reports only one non-derivative transaction: an open-market sale of 10,000 Ordinary Shares, with derivativeSummary showing no remaining derivative positions in this specific report.