Form 4: Credo Technology Group Director Sells Shares
SEC Form 4 Filing
Director Sylvia Acevedo sold 32,291 shares of Credo Technology Group Holding Ltd on March 7, 2025, at an average price of $41.61.
Summary
- On March 7, 2025, Sylvia Acevedo, a director of Credo Technology Group Holding Ltd, sold 32,291 ordinary shares.
- The sale was executed at a weighted average price of $41.61, with individual transactions ranging from $41.54 to $42.03.
- Following the transaction, Acevedo directly owns 21,433 ordinary shares of Credo Technology Group Holding Ltd.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of a director's share sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: Sylvia Acevedo sold 32,291 ordinary shares. |
| 03/10/2025 | Date of signature of the report by James Laufman, attorney-in-fact. |
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