Form 4: Credo Technology Group Holding Ltd. Executive Sells 20,000 Shares
SEC Form 4 Filing
James Laufman, Chief Legal Officer and Secretary of Credo Technology Group Holding Ltd., sold 20,000 ordinary shares at an average price of $31.3602 on September 27, 2024.
Summary
- On September 27, 2024, James Laufman, the Chief Legal Officer and Secretary of Credo Technology Group Holding Ltd., sold 20,000 ordinary shares of the company.
- The sale was executed at a weighted average price of $31.3602 per share, with individual transactions ranging from $31.35 to $31.42.
- Following the transaction, Laufman directly owns 302,466 ordinary shares of Credo Technology Group Holding Ltd.
Sentiment
Score: 5
Explanation: The document is a neutral report of an executive's stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
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 executives.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 09/27/2024 | Date of the transaction: James Laufman sold 20,000 ordinary shares. |
| 10/01/2024 | Date of signature on the Form 4 filing. |
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