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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,373 | $149.4012 | $504K |
| Sale | Ordinary Shares | 4,992 | $150.5546 | $752K |
| Sale | Ordinary Shares | 4,966 | $151.4033 | $752K |
| Sale | Ordinary Shares | 10,883 | $152.556 | $1.66M |
| Sale | Ordinary Shares | 9,805 | $153.5576 | $1.51M |
| Sale | Ordinary Shares | 9,374 | $154.3815 | $1.45M |
| Sale | Ordinary Shares | 1,616 | $155.5815 | $251K |
| Sale | Ordinary Shares | 1,707 | $156.4179 | $267K |
| Sale | Ordinary Shares | 1,232 | $157.4946 | $194K |
| Sale | Ordinary Shares | 1,825 | $158.4149 | $289K |
| Sale | Ordinary Shares | 227 | $159.1963 | $36K |
| Gift | Ordinary Shares | 10,000 | $0.00 | -- |
| Sale | Ordinary Shares | 1,316 | $149.356 | $197K |
| Sale | Ordinary Shares | 1,753 | $150.5548 | $264K |
| Sale | Ordinary Shares | 1,729 | $151.4022 | $262K |
| Sale | Ordinary Shares | 3,832 | $152.5573 | $585K |
| Sale | Ordinary Shares | 3,469 | $153.4865 | $532K |
| Sale | Ordinary Shares | 3,449 | $154.3823 | $532K |
| Sale | Ordinary Shares | 601 | $155.5803 | $94K |
| Sale | Ordinary Shares | 642 | $156.4199 | $100K |
| Sale | Ordinary Shares | 462 | $157.4923 | $73K |
| Sale | Ordinary Shares | 679 | $158.4145 | $108K |
| Sale | Ordinary Shares | 84 | $159.1964 | $13K |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2025. This transaction was executed in multiple trades at prices ranging from $148.95 to $149.91. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. This transaction was executed in multiple trades at prices ranging from $149.99 to $150.94. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $150.97 to $151.94. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $151.99 to $152.94. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $152.95 to $153.95. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $153.96 to $154.94. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $155.04 to $155.96. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $155.97 to $156.93. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $157.00 to $157.93. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $157.96 to $158.84. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $159.01 to $159.32. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Represents a gift of 10,000 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust. The Reporting Person does not share any voting or investment power over the securities held by the trust. This transaction was executed in multiple trades at prices ranging from $155.04 to $155.95. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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.
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 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.