Credo CEO has shares withheld for RSU taxes

Credo Technology Group Holding Ltd director and CEO William Joseph Brennan reported routine share activity linked to restricted stock units (RSUs).

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and CEO William Joseph Brennan reported routine share activity linked to restricted stock units (RSUs). The company withheld 6,149 Ordinary Shares at $241.91 per share to cover tax obligations upon RSU vesting, a non-market, tax-withholding disposition rather than an open-market sale.

Following this event, Brennan holds 366,480 Ordinary Shares directly and 1,767,502 Ordinary Shares indirectly through The Brennan Family Trust, DTD 09/06/2002, for which he disclaims beneficial ownership except for any pecuniary interest.

Insider Trade Summary

Exercise Price or Tax Liability: 6,149 shares

Exercise Price or Tax Liability 2 txns

Insider Brennan William Joseph

Role Pres & Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Ordinary Shares	6,149	$241.91	$1.49M
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 366,480 shares (Direct); Ordinary Shares — 1,767,502 shares (Indirect, The Brennan Family Trust, DTD 09/06/2002)

Footnotes (2)

1. F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
2. F2. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Key Figures

Tax-withheld shares: 6,149 Ordinary Shares Withholding price: $241.91 per share Direct holdings after transaction: 366,480 Ordinary Shares +1 more

4 metrics

Tax-withheld shares 6,149 Ordinary Shares Withheld to satisfy RSU tax obligations

Withholding price $241.91 per share Value used for RSU tax-withholding shares

Direct holdings after transaction 366,480 Ordinary Shares CEO direct ownership following Form 4

Indirect trust holdings 1,767,502 Ordinary Shares Held via The Brennan Family Trust, DTD 09/06/2002

Key Terms

RSUs, tax withholding obligations, Ordinary Shares, tax-withholding disposition, +1 more

5 terms

RSUs financial

"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

"shares withheld by the Issuer to satisfy tax withholding obligations"

Ordinary Shares financial

"security_title": "Ordinary Shares""

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.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

The Brennan Family Trust, DTD 09/06/2002 financial

"nature_of_ownership": "The Brennan Family Trust, DTD 09/06/2002""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Credo (CRDO) disclose for CEO William Brennan?

Credo disclosed that CEO William Brennan had 6,149 Ordinary Shares withheld to cover tax obligations on vested RSUs. This F-code transaction is a tax-withholding disposition, not an open-market sale, and is a routine part of equity compensation settlement.

How many Credo (CRDO) shares were withheld for CEO Brennan’s taxes?

The company withheld 6,149 Ordinary Shares from CEO William Brennan at a value of $241.91 per share. These shares satisfied tax withholding obligations arising from the vesting and settlement of restricted stock units (RSUs) granted as part of his compensation.

How many Credo (CRDO) shares does CEO William Brennan hold after this Form 4?

After the reported transactions, William Brennan holds 366,480 Ordinary Shares directly. He also has 1,767,502 Ordinary Shares reported as indirectly owned through The Brennan Family Trust, where he disclaims beneficial ownership except for any pecuniary interest.

Is the Credo (CRDO) Form 4 transaction an open-market sale by the CEO?

No, the Form 4 describes an F-code tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to satisfy tax obligations tied to RSU vesting, a mechanical payroll-related event rather than a discretionary share sale by the CEO.

What role does The Brennan Family Trust play in Credo (CRDO) share ownership?

The filing shows 1,767,502 Ordinary Shares held indirectly through The Brennan Family Trust, DTD 09/06/2002. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, indicating trust-level rather than purely personal ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/07/2026 - 04:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

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^*

Brennan William Joseph

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres & Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	07/05/2026		F(1)		6,149	D	$241.91	366,480	D
Ordinary Shares								1,767,502	I	The Brennan Family Trust, DTD 09/06/2002(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Remarks:

	/s/ James Laufman, attorney-in-fact	07/07/2026
	** Signature of Reporting Person	Date
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)