Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRDO | Ordinary Shares | Sale | -$113K | -2.9K | -0.03% | $38.87 | 8.84M | Nov 1, 2024 | Cheng Huang Family Trust | F1, F2, F3 |
transaction | CRDO | Ordinary Shares | Sale | -$1.33M | -33.4K | -0.38% | $39.69 | 8.8M | Nov 1, 2024 | Cheng Huang Family Trust | F1, F3, F4 |
transaction | CRDO | Ordinary Shares | Sale | -$755K | -18.7K | -0.21% | $40.42 | 8.78M | Nov 1, 2024 | Cheng Huang Family Trust | F1, F3, F5 |
holding | CRDO | Ordinary Shares | 129K | Nov 1, 2024 | Direct |
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 Cheng Huang Family Trust on September 7, 2023. |
F2 | This transaction was executed in multiple trades at prices ranging from $38.17 to $39.16. 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 | Represents ordinary shares held by the Cheng Huang Family Trust of which the Reporting Person and his spouse are trustees and the Reporting Person, his spouse and their children are beneficiaries. The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein. |
F4 | This transaction was executed in multiple trades at prices ranging from $39.17 to $40.16. 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 $40.17 to $40.82. 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. |