Credo Technology (NASDAQ: CRDO) CEO logs Rule 10b5-1 sales, share gift
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd had a director who is also its President & Chief Executive Officer report multiple sales of ordinary shares. The transactions, made through The Brennan Family Trust, were executed on December 11, 2025 under a Rule 10b5-1 trading plan adopted on April 15, 2025. The reported weighted average sale prices for the various trades were based on executions within price ranges from $148.95 to $159.32 per share.
After the reported sales, the trust held 1,882,502 ordinary shares indirectly, while the insider also directly held 301,891 ordinary shares. The insider additionally reported a gift of 10,000 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust, and disclaimed beneficial ownership of the trust shares except to the extent of any pecuniary interest.
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FAQ
What insider role is involved in the latest Credo Technology Group (CRDO) transactions?
The reporting person is a director of Credo Technology Group Holding Ltd and also serves as its President & Chief Executive Officer, as indicated in the relationship section.
When did the Credo Technology Group (CRDO) insider share sales take place?
The reported ordinary share sales occurred on December 11, 2025, as shown in the transaction date column of Table I.
Were the CRDO insider sales made under a Rule 10b5-1 trading plan?
Yes. The explanation states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2025.
What price range did the Credo Technology Group (CRDO) insider receive for the shares sold?
The footnotes explain that the various sale transactions were executed in multiple trades at prices within ranges from $148.95 up to $159.32 per share, with each group of trades summarized by a weighted average sale price.
How many Credo Technology Group (CRDO) shares does the insider hold after the reported transactions?
Following the transactions, The Brennan Family Trust held 1,882,502 ordinary shares indirectly, and the insider also directly held 301,891 ordinary shares, as shown in the “beneficially owned following transaction” column.
What charitable gift did the Credo Technology Group (CRDO) insider report?
The report notes a gift of 10,000 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust, and states that the reporting person does not share voting or investment power over the securities held by that trust.
How does the insider describe beneficial ownership of Credo Technology (CRDO) shares held in the trust?
The reporting person disclaims beneficial ownership of the shares held by The Brennan Family Trust except to the extent of his pecuniary interest in those securities.