Credo Technology withholds CEO shares for taxes
The chief executive officer's transactions relate to RSU tax withholding, while reported indirect holdings include two GRATs and a family trust.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) President and Chief Executive Officer and director William Joseph Brennan reported issuer withholding of 6,149 ordinary shares on October 2, 2026, at $210.17 per share, and 6,149 on October 5, 2026, at $218.64 per share, for RSU tax obligations. No Rule 10b5-1 plan is reported. Indirect holdings reported October 2 included 75,000 shares in each of Laurie Brennan 2026 GRAT and William Brennan 2026 GRAT and 1,600,830 shares in The Brennan Family Trust, dated September 6, 2002; Brennan disclaimed beneficial ownership of the trust shares except to the extent of his pecuniary interest.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 6,149 | $218.64 | $1.34M |
| Tax Withholding | Ordinary Shares F1 | 6,149 | $210.17 | $1.29M |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares F2 | -- | -- | -- |
Footnotes (2)
- 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 shares except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
RSUs financial
tax withholding obligations financial
pecuniary interest regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.