STOCK TITAN

Credo (CRDO) CFO sells 40,000 shares, keeps over 500K in stock

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

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

  • None.

Negative

  • None.

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 Fleming Daniel W.
Role Chief Financial Officer
Sold 40,000 shs ($9.98M)
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
Holdings After Transaction: Ordinary Shares — 541,005 shares (Direct, null)
Footnotes (1)
  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.
Shares sold 40,000 shares Open-market sales on June 11, 2026
Sale price range $242.02–$252.97 Weighted-average prices across multiple trades
Tax withholding shares 11,805 shares Withheld June 10, 2026 for RSU tax obligations
Tax withholding price $237.68/share Price used for RSU-related tax withholding
Post-transaction holdings 501,873 shares Ordinary Shares held directly after reported transactions
Rule 10b5-1 trading plan regulatory
"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."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
RSUs financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs."
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Ordinary Shares financial
"Ordinary Shares, transaction code S, transaction type non-derivative."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fleming Daniel W.

(Last)(First)(Middle)
110 RIO ROBLES

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Credo Technology Group Holding Ltd [ CRDO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares06/10/2026F(1)11,805D$237.68541,873D
Ordinary Shares06/11/2026S(2)868D$242.5029(3)541,005D
Ordinary Shares06/11/2026S(2)1,151D$243.4865(4)539,854D
Ordinary Shares06/11/2026S(2)1,496D$244.5647(5)538,358D
Ordinary Shares06/11/2026S(2)564D$245.4886(6)537,794D
Ordinary Shares06/11/2026S(2)1,280D$246.4893(7)536,514D
Ordinary Shares06/11/2026S(2)1,265D$247.657(8)535,249D
Ordinary Shares06/11/2026S(2)4,588D$248.5109(9)530,661D
Ordinary Shares06/11/2026S(2)6,745D$249.5493(10)523,916D
Ordinary Shares06/11/2026S(2)12,092D$250.3092(11)511,824D
Ordinary Shares06/11/2026S(2)6,984D$251.5064(12)504,840D
Ordinary Shares06/11/2026S(2)2,967D$252.3701(13)501,873D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. 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.
Remarks:
/s/ James Laufman, attorney-in-fact06/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Credo Technology Group (CRDO) disclose for its CFO?

Credo Technology Group reported that CFO Daniel W. Fleming sold 40,000 Ordinary Shares in open-market transactions on June 11, 2026. These trades were executed under a pre-established Rule 10b5-1 trading plan, meaning they were scheduled in advance rather than timed reactively.

At what prices did the CRDO CFO sell shares in the latest Form 4 filing?

The CFO’s 40,000 Ordinary Shares were sold in multiple trades at prices ranging from $242.02 to $252.97. Each reported line reflects a weighted average sale price, with detailed trade-by-trade data available upon request from the issuer, the SEC staff, or shareholders.

How many Credo Technology Group (CRDO) shares does the CFO hold after these transactions?

After the reported sales and tax-related withholdings, CFO Daniel W. Fleming directly owns 501,873 Ordinary Shares of Credo Technology Group Holding Ltd. This post-transaction position indicates that, despite the sales, he continues to maintain a significant equity stake in the company.

What is the tax withholding transaction reported in Credo Technology Group’s Form 4?

On June 10, 2026, 11,805 Ordinary Shares were withheld by Credo Technology Group at $237.68 per share. This was to satisfy tax withholding obligations from vesting and settlement of RSUs, and is classified as a tax-withholding disposition, not an open-market sale by the CFO.

Was the CRDO CFO’s recent share sale part of a Rule 10b5-1 trading plan?

Yes. The Form 4 states that the sales were made pursuant to a Rule 10b5-1 trading plan adopted by the CFO on January 12, 2026. Such plans pre-schedule trades, reducing the significance of short-term timing as an indicator of management’s views on the stock.

How many shares did the CRDO CFO sell versus those withheld for taxes?

The CFO sold 40,000 Ordinary Shares in open-market transactions and had 11,805 shares withheld by the issuer for taxes. The sales generate cash proceeds, while the withholding simply covers tax obligations tied to restricted stock unit vesting, without involving market trades.