Credo (NASDAQ: CRDO) legal chief sells 5,000 ordinary shares
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 5,000 Ordinary Shares on June 11, 2026 at an average price of $264.485 per share. After this transaction, he continues to hold 181,230 Ordinary Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($1,322,425)
Net Sell
1 txn
Insider
Laufman James
Role
Chief Legal Officer, Secretary
Sold
5,000 shs ($1.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 5,000 | $264.485 | $1.32M |
Holdings After Transaction:
Ordinary Shares — 181,230 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,000 shares
Sale price per share: $264.485 per share
Shares held after transaction: 181,230 shares
+1 more
4 metrics
Shares sold
5,000 shares
Open-market sale of Ordinary Shares on June 11, 2026
Sale price per share
$264.485 per share
Average price for the 5,000 shares sold
Shares held after transaction
181,230 shares
Direct ownership following reported sale
Net shares sold
5,000 shares
Net-sell direction in transaction summary
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
"INSIDER FILING DATA (Form 4)"
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 James Laufman sold 5,000 Ordinary Shares. The open-market sale occurred on June 11, 2026 and involved Credo Technology Group Holding Ltd Ordinary Shares, as disclosed in a Form 4 insider trading report.
What type of transaction did Credo (CRDO) insider James Laufman execute?
The transaction was an open-market sale of non-derivative Ordinary Shares. The Form 4 identifies the code as “S,” meaning a sale in the open market or a private transaction, rather than an option exercise, grant, or gift.
Does the Credo (CRDO) Form 4 show any derivative security activity?
No derivative security transactions are listed for this Form 4. The filing’s derivative transaction summary is empty, indicating the reported activity relates only to Ordinary Shares, not options, warrants, or other derivative instruments.