Credo CEO reports 7,500-share charitable gift
Credo Technology Group Holding Ltd director and CEO William Joseph Brennan reported a charitable share transfer.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd director and CEO William Joseph Brennan reported a charitable share transfer. A trust associated with him, The Brennan Family Trust, made a bona fide gift of 7,500 ordinary shares to The Brennan Family Fund, a charitable remainder trust.
After the transactions, Brennan is shown with 347,652 ordinary shares held directly and 1,767,502 shares held indirectly through the family trust. The filing notes he does not share voting or investment power over the securities held by the trust and disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares | 7,500 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. Represents a gift of 7,500 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.
- F2. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
bona fide gift financial
charitable remainder trust financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Credo (CRDO) report for CEO William Brennan?
Was the Credo (CRDO) Form 4 transaction a market sale by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.