DANESH FARIBA 4
4 · Credo Technology Group Holding Ltd · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Credo Technology (CRDO) Director Fariba Danesh Sells 1,100 Shares
What Happened
Fariba Danesh, a director of Credo Technology Group Holding Ltd (CRDO), sold 1,100 shares in an open-market transaction on June 9, 2026. The shares were sold at $236.34 each, for total proceeds of $259,980. This was a sale (code S) — typically a routine disposition rather than a purchase signal.
Key Details
- Transaction date: 2026-06-09
- Price: $236.34 per share
- Shares sold: 1,100; Total value: $259,980
- Transaction type: Open-market sale (Form 4, code S)
- Form filed: 2026-06-11 (appears timely based on the two‑business‑day reporting window)
- Shares owned after transaction: Not specified in the provided filing excerpt
- No 10b5-1 plan, tax withholding, or other footnotes disclosed in the provided data
Context
Sales by insiders can be for many personal reasons and do not necessarily indicate a change in company outlook; purchases tend to be more informative about insider sentiment. This filing simply reports the disposal of 1,100 shares by a director and should be weighed with other insider transactions and company fundamentals.
Insider Transaction Report
- Sale
Ordinary Shares
2026-06-09$236.34/sh−1,100$259,980→ 7,017 total