Credo COO covers taxes with 6,361 shares
Credo Technology Group Holding Ltd director and COO Lam Yat Tung reported routine share movements related to equity compensation.
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd director and COO Lam Yat Tung reported routine share movements related to equity compensation. On July 1 and July 5, 2026, a total of 6,361 Ordinary Shares were withheld by the company to satisfy tax obligations upon vesting and settlement of RSUs, rather than sold on the market. After these tax-withholding dispositions, he holds 2,640,608 Ordinary Shares directly, plus indirect holdings of 125,000 shares through EZ Trust and 400,000 shares through Zhan BVI Co Ltd, where he disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 3,181 | $241.91 | $770K |
| Exercise Price or Tax Liability | Ordinary Shares | 3,180 | $259.09 | $824K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (3)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- F2. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
- F3. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
Key Figures
Key Terms
RSUs financial
tax withholding obligations financial
pecuniary interest financial
FAQ
What did Credo (CRDO) COO Lam Yat Tung report in this Form 4?
How are the EZ Trust and Zhan BVI Co Ltd holdings described for Credo (CRDO)?
Does this Credo (CRDO) Form 4 mention RSUs for Lam Yat Tung?
AI-generated analysis. How Rhea-AI works. Not financial advice.