Credo (NASDAQ: CRDO) CEO and family trust sell 68K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd President and CEO William Joseph Brennan reported open-market sales of a total of 68,016 Ordinary Shares of CRDO on March 11, 2026. The sales were executed at weighted average prices within ranges from $113.46 to $120.59 per share.
Part of the shares were sold from Brennan’s direct holdings, leaving him with 234,609 Ordinary Shares held directly. Additional sales were made by The Brennan Family Trust, DTD 09/06/2002, which held 1,782,502 Ordinary Shares after these transactions. All sales were effected under a Rule 10b5-1 trading plan adopted on April 15, 2025, indicating they were pre-arranged rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 68,016 shares ($8,003,802)
Net Sell
16 txns
Insider
Brennan William Joseph
Role
Pres & Chief Executive Officer
Sold
68,016 shs ($8.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 288 | $113.8783 | $33K |
| Sale | Ordinary Shares | 2,264 | $115.0809 | $261K |
| Sale | Ordinary Shares | 2,086 | $115.8024 | $242K |
| Sale | Ordinary Shares | 2,472 | $117.0557 | $289K |
| Sale | Ordinary Shares | 4,008 | $117.8836 | $472K |
| Sale | Ordinary Shares | 3,969 | $119.0425 | $472K |
| Sale | Ordinary Shares | 2,871 | $119.7576 | $344K |
| Sale | Ordinary Shares | 58 | $120.5431 | $7K |
| Sale | Ordinary Shares | 501 | $114.1299 | $57K |
| Sale | Ordinary Shares | 6,437 | $115.0807 | $741K |
| Sale | Ordinary Shares | 5,915 | $115.804 | $685K |
| Sale | Ordinary Shares | 7,051 | $117.0547 | $825K |
| Sale | Ordinary Shares | 11,414 | $117.9015 | $1.35M |
| Sale | Ordinary Shares | 10,744 | $119.0436 | $1.28M |
| Sale | Ordinary Shares | 7,787 | $119.7563 | $933K |
| Sale | Ordinary Shares | 151 | $120.5439 | $18K |
Holdings After Transaction:
Ordinary Shares — 252,337 shares (Direct);
Ordinary Shares — 1,832,001 shares (Indirect, The Brennan Family Trust, DTD 09/06/2002)
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 $113.46 to $114.38. 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 $114.50 to $115.45. 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 $115.46 to $116.45. 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 $116.46 to $117.45. 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 $117.46 to $118.46. 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 $118.47 to $119.45. 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 $119.46 to $120.46. 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 $120.48 to $120.59. 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.
FAQ
What did Credo Technology Group (CRDO) disclose in this Form 4?
Credo Technology Group disclosed that President and CEO William Joseph Brennan reported open-market sales totaling 68,016 Ordinary Shares on March 11, 2026. The transactions included both his direct holdings and shares held indirectly through The Brennan Family Trust, DTD 09/06/2002.
Were the March 2026 CRDO insider sales made under a Rule 10b5-1 plan?
Yes. The filing states the sales reported were effected under a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2025. Such plans pre-schedule trades, meaning the timing of these sales was set in advance rather than chosen opportunistically.