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Credo (NASDAQ: CRDO) CEO-linked family trust gifts 7,500 shares to charitable fund

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and CEO William Joseph Brennan reported a charitable share transfer linked to his indirect holdings. A trust associated with him made a bona fide gift of 7,500 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust, with no sale proceeds.

The filing notes that Brennan does not share voting or investment power over the securities held by the trust and disclaims beneficial ownership except for any pecuniary interest. After the gift, the trust-related indirect position is reported as 1,775,002 ordinary shares, and Brennan also reports 222,311 ordinary shares held directly.

Positive

  • None.

Negative

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Insider Brennan William Joseph
Role Pres & Chief Executive Officer
Type Security Shares Price Value
Gift Ordinary Shares 7,500 $0.00 --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 1,775,002 shares (Indirect, The Brennan Family Trust, DTD 09/06/2002); Ordinary Shares — 222,311 shares (Direct)
Footnotes (1)
  1. Represents a gift of 7,500 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust. The Reporting Person does not share any voting or investment power over the securities held by the trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Gifted shares 7,500 shares Bona fide gift of ordinary shares on 2026-04-15
Gift price per share $0.0000 per share Reported price for gifted ordinary shares
Indirect holdings after transaction 1,775,002 shares Ordinary shares held indirectly via The Brennan Family Trust after gift
Direct holdings reported 222,311 shares Ordinary shares held directly by Brennan on 2026-04-15
Gift transactions count 1 transaction Single bona fide gift recorded in transaction summary
Gifted share total in summary 7,500 shares GiftShares field in transactionSummary
bona fide gift financial
"transaction_code_description: Bona fide gift"
charitable remainder trust financial
"to The Brennan Family Fund, a charitable remainder trust"
beneficial ownership financial
"disclaims beneficial ownership of these shares except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: The Brennan Family Trust"
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).
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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Pres & Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
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 Shares04/15/2026G(1)7,500D$01,775,002IThe Brennan Family Trust, DTD 09/06/2002(2)
Ordinary Shares222,311D
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 a gift of 7,500 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust. The Reporting Person does not share any voting or investment power over the securities held by the trust.
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-fact04/16/2026
** 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) report for William Joseph Brennan?

The filing reports a bona fide gift of 7,500 ordinary shares by a trust associated with CEO William Joseph Brennan. The shares were transferred from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust, with no sale proceeds involved.

How many Credo (CRDO) shares were gifted in the Brennan family trust transaction?

The trust associated with William Joseph Brennan gifted 7,500 ordinary shares. This transfer moved shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust, and is classified as a bona fide gift rather than a market sale or purchase.

Does William Joseph Brennan have voting or investment power over the gifted Credo (CRDO) shares?

The footnotes state that Brennan does not share any voting or investment power over securities held by the trust. He also disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest he may have in them.

What are William Joseph Brennan’s reported indirect Credo (CRDO) holdings after the gift?

After the gift transaction, the filing lists 1,775,002 ordinary shares as indirectly held through The Brennan Family Trust. This figure reflects the trust-related position following the 7,500-share charitable transfer to The Brennan Family Fund.

How many Credo (CRDO) shares does William Joseph Brennan report as directly owned?

Separately from his trust-related holdings, Brennan reports 222,311 ordinary shares as directly owned. This direct holding is shown in the filing as a position entry, not as part of a buy or sell transaction on the reported date.

Was the Credo (CRDO) insider transaction a market sale or purchase?

No. The reported transaction is a bona fide gift coded as a disposition, not an open-market sale or purchase. Shares were moved between family-related trusts, with a reported price per share of 0.0000, indicating no sale proceeds.