ACEVEDO SYLVIA 4
4 · Credo Technology Group Holding Ltd · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Credo Technology (CRDO) Director Sylvia Acevedo Sells 2,208 Shares
What Happened
Sylvia Acevedo, a director of Credo Technology Group Holding Ltd (CRDO), reported the sale of 2,208 shares on 2026-06-05 at $211.00 per share, producing gross proceeds of $465,888. The transaction is reported under code "S" (open market or private sale). Sales by directors are often routine liquidity events and do not necessarily indicate a change in opinion about the company.
Key Details
- Transaction date: 2026-06-05. Form 4 filing date: 2026-06-09 (appears to be filed after the typical 2-business-day window).
- Price per share: $211.00; Shares sold: 2,208; Total proceeds: $465,888.
- Transaction code: S — open market or private sale (per the filing).
- Shares owned after transaction: Not specified in the excerpt provided — see the full Form 4 for post-transaction holdings.
- No footnotes (e.g., 10b5-1 plan, tax withholding) were included in the provided details.
Context
This was a straight sale by a board director rather than an option exercise or award. While insider purchases can be a stronger signal of conviction, routine insider sales are common and can reflect personal financial needs or portfolio rebalancing. The filing date lag (filed 2026-06-09 for a 2026-06-05 trade) reduces timeliness of disclosure; investors should review the full SEC filing for any additional notes or post-transaction ownership details.
Insider Transaction Report
- Sale
Ordinary Shares
2026-06-05$211.00/sh−2,208$465,888→ 16,337 total