Credo Technology Group Holding Ltd·4

Jun 9, 4:03 PM ET

Brennan William Joseph 4

Research Summary

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Credo (CRDO) CEO William Brennan Sells 54,984 Shares

What Happened
William (W.) Brennan, CEO of Credo Technology Group (CRDO), sold a total of 54,984 shares on June 5, 2026, via multiple open‑market trades. Proceeds from the sales totaled approximately $12,017,878. Individual blocks were reported at weighted‑average prices ranging roughly from $206.40 to $233.46, with trade price ranges across the executions of about $206.05 to $233.59 per share (per footnotes).

Key Details

  • Transaction date: June 5, 2026; Form 4 filed June 9, 2026 (filed within normal reporting window).
  • Total shares sold: 54,984. Total proceeds: ~$12.02 million.
  • Reported per‑block weighted average prices: $206.40, $207.47, $208.65, $209.59, $210.56, $211.51, $212.45, $213.42, $214.56, $215.58, $216.81, $217.45, $218.41, $219.62, $220.61, $221.35, $222.67, $223.62, $224.60, $225.53, $226.62, $227.49, $228.45, $229.87, $230.36, $231.32, $232.47, $233.46. Overall execution price range reported in footnotes: ~$206.05–$233.59.
  • Footnotes: many blocks executed in multiple trades (weighted averages reported); reporting person disclaims beneficial ownership of certain shares except to the extent of pecuniary interest (see F29). The filer offers to provide detailed trade‑by‑trade info upon request (per footnotes).
  • Shares owned after the transaction: not provided in the excerpt you supplied.

Context

  • This was a sale (S) — sales by executives can be routine (diversification, tax or liquidity needs) and do not necessarily indicate a change in company outlook; purchases are typically seen as a stronger bullish signal.
  • No indication in the provided excerpt of option exercises, gifting, or a 10b5‑1 plan; footnotes describe multiple trade executions and a beneficial‑ownership disclaimer.
  • Filing appears timely based on the reported transaction and filing dates.