Credo CFO sells 40,000 shares under 10b5-1 plan
Credo Technology Group Holding Ltd Chief Financial Officer Daniel W. Fleming reported planned share sales and tax-related share withholdings.
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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.
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 |
| Exercise Price or Tax Liability | Ordinary Shares | 11,805 | $237.68 | $2.81M |
Footnotes (13)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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.
- F13. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
RSUs financial
tax withholding obligations financial
weighted average sale price financial
FAQ
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