Credo (CRDO) CFO sells 40,000 shares, keeps over 500K in stock
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd Chief Financial Officer Daniel W. Fleming reported planned share sales and tax-related share withholdings. On June 11, 2026, he sold a total of 40,000 Ordinary Shares of CRDO in multiple open-market transactions at prices ranging from $242.02 to $252.97, executed under a Rule 10b5-1 trading plan adopted on January 12, 2026.
On June 10, 2026, 11,805 Ordinary Shares were withheld by the company at $237.68 per share to cover tax obligations tied to vesting and settlement of RSUs, which is not an open-market sale. After these transactions, Fleming directly holds 501,873 Ordinary Shares of Credo Technology Group Holding Ltd.
Positive
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Negative
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Insights
CFO’s 40,000-share sale is sizable but pre-planned under a Rule 10b5-1 plan.
The filing shows Credo Technology Group’s CFO, Daniel W. Fleming, sold 40,000 Ordinary Shares on June 11, 2026 via open-market trades at prices between $242.02 and $252.97. These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on January 12, 2026, indicating they were pre-scheduled rather than opportunistic.
The day before, on June 10, 2026, 11,805 shares were withheld at $237.68 to satisfy tax obligations from RSU vesting, a mechanical step rather than a discretionary sale. Following all reported activity, Fleming directly owns 501,873 shares, suggesting he retains a substantial equity position. Overall, the combination of a pre-planned 10b5-1 program and tax withholding points to routine portfolio and compensation management rather than a clear signal about company fundamentals.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 868 | $242.5029 | $210K |
| Sale | Ordinary Shares | 1,151 | $243.4865 | $280K |
| Sale | Ordinary Shares | 1,496 | $244.5647 | $366K |
| Sale | Ordinary Shares | 564 | $245.4886 | $138K |
| Sale | Ordinary Shares | 1,280 | $246.4893 | $316K |
| Sale | Ordinary Shares | 1,265 | $247.657 | $313K |
| Sale | Ordinary Shares | 4,588 | $248.5109 | $1.14M |
| Sale | Ordinary Shares | 6,745 | $249.5493 | $1.68M |
| Sale | Ordinary Shares | 12,092 | $250.3092 | $3.03M |
| Sale | Ordinary Shares | 6,984 | $251.5064 | $1.76M |
| Sale | Ordinary Shares | 2,967 | $252.3701 | $749K |
| Tax Withholding | Ordinary Shares | 11,805 | $237.68 | $2.81M |
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 12, 2026. This transaction was executed in multiple trades at prices ranging from $242.02 to $242.88. 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. This transaction was executed in multiple trades at prices ranging from $243.07 to $243.92. 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. This transaction was executed in multiple trades at prices ranging from $244.03 to $245.01. 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. This transaction was executed in multiple trades at prices ranging from $245.04 to $245.83. 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. This transaction was executed in multiple trades at prices ranging from $246.19 to $247.01. 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. This transaction was executed in multiple trades at prices ranging from $247.05 to $248.01. 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. This transaction was executed in multiple trades at prices ranging from $248.03 to $249.00. 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. This transaction was executed in multiple trades at prices ranging from $249.03 to $250.00. 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. This transaction was executed in multiple trades at prices ranging from $250.02 to $251.01. 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. This transaction was executed in multiple trades at prices ranging from $251.02 to $252.01. 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. This transaction was executed in multiple trades at prices ranging from $252.03 to $252.97. 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.