Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRDO | Ordinary Shares | Sale | -$6.34M | -244K | -8.36% | $26.01 | 2.67M | Jun 6, 2024 | The Brennan Family Trust, DTD 09/06/2002 | F1, F2, F3 |
transaction | CRDO | Ordinary Shares | Sale | -$1.27M | -49.4K | -7.35% | $25.78 | 623K | Jun 6, 2024 | Direct | F1, F4 |
transaction | CRDO | Ordinary Shares | Sale | -$587K | -22K | -3.53% | $26.68 | 601K | Jun 7, 2024 | Direct | F1, F5 |
transaction | CRDO | Ordinary Shares | Sale | -$2.01M | -73.1K | -12.17% | $27.52 | 528K | Jun 7, 2024 | Direct | F1, F6 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 12, 2024. |
F2 | This transaction was executed in multiple trades at prices ranging from $25.8 to $26.4. 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. |
F3 | The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. |
F4 | This transaction was executed in multiple trades at prices ranging from $25.74 to $25.8. 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. |
F5 | This transaction was executed in multiple trades at prices ranging from $26.11 to $27.10 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. |
F6 | This transaction was executed in multiple trades at prices ranging from $27.11 to $27.99. 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. |