Credo CEO shares withheld to cover RSU taxes

Credo Technology Group Holding Ltd director and CEO William Joseph Brennan reported a routine share adjustment linked to restricted stock units.

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and CEO William Joseph Brennan reported a routine share adjustment linked to restricted stock units. On 2026-06-10, the issuer withheld 19,675 Ordinary Shares at $237.68 per share to satisfy tax withholding obligations upon RSU vesting, a non-market, tax-related disposition coded "F".

Following this tax withholding, Brennan directly owned 347,652 Ordinary Shares. He also had 1,775,002 Ordinary Shares held indirectly through The Brennan Family Trust, DTD 09/06/2002, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Exercise Price or Tax Liability: 19,675 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	19,675	$237.68	$4.68M
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 347,652 shares (Direct); Ordinary Shares — 1,775,002 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: 19,675 Ordinary Shares Withholding price: $237.68 per share Direct holdings after transaction: 347,652 Ordinary Shares +2 more

5 metrics

Tax-withheld shares 19,675 Ordinary Shares Withheld to satisfy tax obligations on RSU vesting, code F

Withholding price $237.68 per share Price used for 19,675 shares withheld for tax obligations

Direct holdings after transaction 347,652 Ordinary Shares Direct ownership by William Brennan after tax-withholding disposition

Indirect trust holdings 1,775,002 Ordinary Shares Held via The Brennan Family Trust, DTD 09/06/2002

Transaction code Code F Payment of tax liability by delivering securities

Key Terms

RSUs, tax withholding obligations, tax-withholding disposition, The Brennan Family Trust, DTD 09/06/2002, +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"

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""

pecuniary interest financial

"disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"

FAQ

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

What insider transaction did Credo Technology Group (CRDO) report for William Brennan?

Credo Technology Group reported that CEO William Brennan had 19,675 Ordinary Shares withheld by the company to cover tax obligations on vested RSUs, a routine tax-withholding disposition rather than an open-market sale, according to a Form 4 filing.

How many Credo Technology Group (CRDO) shares were withheld for taxes in this Form 4?

The Form 4 shows 19,675 Ordinary Shares of Credo Technology Group were withheld at $237.68 per share to satisfy tax withholding obligations related to vesting and settlement of RSUs, coded as a tax-withholding disposition (code F).

What are William Brennan’s direct share holdings in Credo Technology Group (CRDO) after the transaction?

After the tax-related share withholding, William Brennan directly owned 347,652 Ordinary Shares of Credo Technology Group. This figure reflects his direct ownership position following the RSU vesting and associated tax-withholding adjustment disclosed in the Form 4.

How many Credo Technology Group (CRDO) shares are held indirectly through The Brennan Family Trust?

The filing shows 1,775,002 Ordinary Shares of Credo Technology Group held indirectly through The Brennan Family Trust, DTD 09/06/2002. Brennan disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the trust.

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

No, the Form 4 indicates a tax-withholding disposition, not an open-market sale. The issuer withheld 19,675 shares to pay tax on RSU vesting, a standard administrative event rather than a discretionary market trade by the CEO.

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

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Accepted by SEC EDGAR 06/15/2026 - 04:03 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)
06/10/2026

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	06/10/2026		F(1)		19,675	D	$237.68	347,652	D
Ordinary Shares								1,775,002	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	06/15/2026
	** 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)