STOCK TITAN

[Form 4] Credo Technology Group Holding Ltd Insider Trading Activity

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

Brennan William Joseph, President, Chief Executive Officer and a director of Credo Technology Group Holding Ltd (CRDO), reported withholding of shares to satisfy taxes related to restricted stock unit vesting. Two non-derivative disposals occurred: 6,149 shares were withheld on 10/02/2025 at a price of $149.63, and 6,149 shares were withheld on 10/05/2025 at $143.87, totaling 12,298 shares surrendered for tax withholding. After these transactions, Mr. Brennan directly beneficially owned 356,875 ordinary shares and indirectly beneficially owned 1,992,502 ordinary shares through The Brennan Family Trust, DTD 09/06/2002. The filing disclaims beneficial ownership of the trust shares except to the extent of pecuniary interest and notes the share disposals represent tax withholding on RSU vesting.

Brennan William Joseph, Presidente, Amministratore Delegato e membro del consiglio di Credo Technology Group Holding Ltd (CRDO), ha riferito la trattenuta di azioni per soddisfare le tasse relative alla vesting delle unità azionarie limitate (RSU). Si sono verificare due cessioni non derivate: 6,149 azioni trattenute il 10/02/2025 al prezzo di $149.63, e 6,149 azioni trattenute il 10/05/2025 al $143.87, per un totale di 12,298 azioni cedute per ritenuta fiscale. Dopo queste operazioni, il Signor Brennan detiene direttamente, in modo beneficio, 356,875 azioni ordinarie e indirettamente, tramite The Brennan Family Trust, DTD 09/06/2002, 1,992,502 azioni ordinarie. La dichiarazione nega la proprietà beneficiante delle azioni del fideicomiso eccetto che per l'interesse pecuniario e segnala che le cessioni azionarie rappresentano la trattenuta fiscale sull'acquisizione RSU.

Brennan William Joseph, Presidente, Director Ejecutivo y miembro del consejo de Credo Technology Group Holding Ltd (CRDO), informó la retención de acciones para satisfacer impuestos relacionados con la vesting de las unidades de acciones restringidas (RSU). Se realizaron dos disposiciones no derivadas: 6,149 acciones se retuvieron el 10/02/2025 a un precio de $149.63, y 6,149 acciones se retuvieron el 10/05/2025 a $143.87, para un total de 12,298 acciones cedidas para la retención de impuestos. Después de estas operaciones, el Sr. Brennan poseía directamente de forma beneficiosa 356,875 acciones ordinarias y poseía indirectamente 1,992,502 acciones ordinarias a través de The Brennan Family Trust, DTD 09/06/2002. La declaración niega la propiedad beneficiaria de las acciones del fideicomiso excepto en la medida de interés pecuniario y señala que las disposiciones de acciones representan la retención de impuestos sobre la vesting de RSU.

Brennan William Joseph, 회장, 최고경영자(CEO) 및 Credo Technology Group Holding Ltd (CRDO)의 이사회 멤버, 주식제한(RSU) 가속과 관련된 세금을 충족하기 위한 주식 보유를 보고했습니다. 비파생적 처분 두 건이 발생했습니다: 6,149주가 2025-10-02$149.63의 가격으로 보유되었고, 6,149주가 2025-10-05$143.87의 가격으로 보유되었으며, 총 12,298주가 세금 보유를 위해 양도되었습니다. 이러한 거래 후, 브레넌씨는 직접적으로 이익을 가진 보통주 356,875주를 보유하고 있으며 간접적으로 The Brennan Family Trust, DTD 2002-09-06을 통해 1,992,502주를 보유하고 있습니다. 제출서는 신탁 주식의 수익적 소유를 예외로 부인하고 RSU 가속에 따른 주식 처분이 세금 보유를 나타낸다고 밝힙니다.

Brennan William Joseph, Président, Directeur général et administrateur de Credo Technology Group Holding Ltd (CRDO), a signalé la détention d'actions pour satisfaire les impôts liés à l'acquisition des unités d'actions restreintes (RSU). Deux cessions non dérivées ont eu lieu : 6,149 actions ont été retenues le 10/02/2025 à un prix de $149.63, et 6,149 actions ont été retenues le 10/05/2025 à $143.87, soit un total de 12,298 actions cédées pour la retenue fiscale. Après ces transactions, M. Brennan détenait directement pour bénéficiaire 356,875 actions ordinaires et indirectement via The Brennan Family Trust, DTD 09/06/2002, 1,992,502 actions ordinaires. La déclaration déclare se décharger de la propriété bénéficiaire des actions du trust sauf dans la mesure de l'intérêt pécuniaire et note que les cessions d'actions représentent une retenue d'impôt sur l'acquisition RSU.

Brennan William Joseph, Präsident, Chief Executive Officer und Direktor von Credo Technology Group Holding Ltd (CRDO), hat die Zurückhaltung von Aktien zur Erfüllung von Steuern im Zusammenhang mit der Vesting von Restricted Stock Units gemeldet. Zwei Nicht-Derivat-Veräußerungen erfolgten: 6,149 Aktien wurden am 10/02/2025 zu einem Preis von $149.63 einbehalten, und 6,149 Aktien wurden am 10/05/2025 zu $143.87 einbehalten, insgesamt 12,298 Aktien, die zur Steuerabführung abgegeben wurden. Nach diesen Transaktionen hielt Mr. Brennan direkt vorteilhaft 356,875 Stammaktien und indirekt vorteilhaft 1,992,502 Stammaktien durch The Brennan Family Trust, DTD 09/06/2002. Die Einreichung bestreitet eine Beneficial Ownership der Treuhandaktien, außer im Umfang eines finanziellen Interesses, und weist darauf hin, dass die Aktienverkäufe eine Steuerabführung bei RSU-Vesting darstellen.

براينان ويليام جوزيف، رئيس المجلس التنفيذي والمدير التنفيذي وعضو مجلس إدارة Credo Technology Group Holding Ltd (CRDO)، أبلغ عن حجز أسهم لتلبية الضرائب المرتبطة بحدوث vesting لأسهم مقيدة. حدثت عمليتان بيع غير مشتقتين: 6,149 سهمًا حُجزت في 10/02/2025 بسعر $149.63, و 6,149 سهمًا حُجزت في 10/05/2025 بسعر $143.87، بإجمالى 12,298 سهمًا مُتخلى عنها كحجز ضريبي. بعد هذه المعاملات، امتلك السيد برينان بشكل مباشر وبشكل فعّال 356,875 سهمًا عاديًا وامتلك بشكل غير مباشر 1,992,502 سهمًا عاديًا من خلال The Brennan Family Trust، بتاريخ 09/06/2002. تنفي الوثيقة الملكية المستفادة من أسهم الثقة باستثناء المصلحة المالية وتشير إلى أن تصرفت الأسهم يمثل حجزًا ضريبيًا على RSU vesting.

Brennan William Joseph, 总裁、首席执行官兼 Credo Technology Group Holding Ltd (CRDO) 的董事,报告了为满足与受限股票单位(RSU)归属相关的税费而进行的股票扣留。发生了两笔非派生处置:6,149股在 2025/02/10$149.63 的价格被扣留,和 6,149 股在 2025/05/10$143.87 的价格被扣留,总计 12,298 股因税收扣缴而被放弃。在这些交易之后,布伦南先生直接实际持有 356,875 股普通股,并间接通过 The Brennan Family Trust, DTD 2002-09-06 持有 1,992,502 股普通股。该申报否认信托股的实际所有权,除非存在经济利益,并指出股票处置代表 RSU 归属时的税款扣缴。

Positive
  • RSU tax withholding completed for 12,298 shares, indicating compensation settled
  • Significant indirect ownership retained via The Brennan Family Trust: 1,992,502 shares
Negative
  • Direct beneficial ownership decreased to 356,875 shares after withholding

Insights

Insider share withholding indicates RSU vesting and routine tax settlement.

The filings show the CEO/director had 12,298 ordinary shares withheld across two dates to satisfy tax obligations tied to RSU vesting, with per-share withholding prices of $149.63 and $143.87.

This is a standard compensation-related liquidity action rather than an open-market sale; investors may monitor future vesting schedules and any open-market transactions for different signaling over the next 6–12 months.

Post-transaction holdings show majority exposure via a family trust.

Following withholding, direct ownership is 356,875 shares while indirect ownership through The Brennan Family Trust is 1,992,502 shares, with the reporting person disclaiming beneficial ownership of trust shares except for pecuniary interest.

For valuation or voting-power assessments, treat trust-held shares as indirectly related and note the reported direct stake for near-term liquidity considerations.

Brennan William Joseph, Presidente, Amministratore Delegato e membro del consiglio di Credo Technology Group Holding Ltd (CRDO), ha riferito la trattenuta di azioni per soddisfare le tasse relative alla vesting delle unità azionarie limitate (RSU). Si sono verificare due cessioni non derivate: 6,149 azioni trattenute il 10/02/2025 al prezzo di $149.63, e 6,149 azioni trattenute il 10/05/2025 al $143.87, per un totale di 12,298 azioni cedute per ritenuta fiscale. Dopo queste operazioni, il Signor Brennan detiene direttamente, in modo beneficio, 356,875 azioni ordinarie e indirettamente, tramite The Brennan Family Trust, DTD 09/06/2002, 1,992,502 azioni ordinarie. La dichiarazione nega la proprietà beneficiante delle azioni del fideicomiso eccetto che per l'interesse pecuniario e segnala che le cessioni azionarie rappresentano la trattenuta fiscale sull'acquisizione RSU.

Brennan William Joseph, Presidente, Director Ejecutivo y miembro del consejo de Credo Technology Group Holding Ltd (CRDO), informó la retención de acciones para satisfacer impuestos relacionados con la vesting de las unidades de acciones restringidas (RSU). Se realizaron dos disposiciones no derivadas: 6,149 acciones se retuvieron el 10/02/2025 a un precio de $149.63, y 6,149 acciones se retuvieron el 10/05/2025 a $143.87, para un total de 12,298 acciones cedidas para la retención de impuestos. Después de estas operaciones, el Sr. Brennan poseía directamente de forma beneficiosa 356,875 acciones ordinarias y poseía indirectamente 1,992,502 acciones ordinarias a través de The Brennan Family Trust, DTD 09/06/2002. La declaración niega la propiedad beneficiaria de las acciones del fideicomiso excepto en la medida de interés pecuniario y señala que las disposiciones de acciones representan la retención de impuestos sobre la vesting de RSU.

Brennan William Joseph, 회장, 최고경영자(CEO) 및 Credo Technology Group Holding Ltd (CRDO)의 이사회 멤버, 주식제한(RSU) 가속과 관련된 세금을 충족하기 위한 주식 보유를 보고했습니다. 비파생적 처분 두 건이 발생했습니다: 6,149주가 2025-10-02$149.63의 가격으로 보유되었고, 6,149주가 2025-10-05$143.87의 가격으로 보유되었으며, 총 12,298주가 세금 보유를 위해 양도되었습니다. 이러한 거래 후, 브레넌씨는 직접적으로 이익을 가진 보통주 356,875주를 보유하고 있으며 간접적으로 The Brennan Family Trust, DTD 2002-09-06을 통해 1,992,502주를 보유하고 있습니다. 제출서는 신탁 주식의 수익적 소유를 예외로 부인하고 RSU 가속에 따른 주식 처분이 세금 보유를 나타낸다고 밝힙니다.

Brennan William Joseph, Président, Directeur général et administrateur de Credo Technology Group Holding Ltd (CRDO), a signalé la détention d'actions pour satisfaire les impôts liés à l'acquisition des unités d'actions restreintes (RSU). Deux cessions non dérivées ont eu lieu : 6,149 actions ont été retenues le 10/02/2025 à un prix de $149.63, et 6,149 actions ont été retenues le 10/05/2025 à $143.87, soit un total de 12,298 actions cédées pour la retenue fiscale. Après ces transactions, M. Brennan détenait directement pour bénéficiaire 356,875 actions ordinaires et indirectement via The Brennan Family Trust, DTD 09/06/2002, 1,992,502 actions ordinaires. La déclaration déclare se décharger de la propriété bénéficiaire des actions du trust sauf dans la mesure de l'intérêt pécuniaire et note que les cessions d'actions représentent une retenue d'impôt sur l'acquisition RSU.

Brennan William Joseph, Präsident, Chief Executive Officer und Direktor von Credo Technology Group Holding Ltd (CRDO), hat die Zurückhaltung von Aktien zur Erfüllung von Steuern im Zusammenhang mit der Vesting von Restricted Stock Units gemeldet. Zwei Nicht-Derivat-Veräußerungen erfolgten: 6,149 Aktien wurden am 10/02/2025 zu einem Preis von $149.63 einbehalten, und 6,149 Aktien wurden am 10/05/2025 zu $143.87 einbehalten, insgesamt 12,298 Aktien, die zur Steuerabführung abgegeben wurden. Nach diesen Transaktionen hielt Mr. Brennan direkt vorteilhaft 356,875 Stammaktien und indirekt vorteilhaft 1,992,502 Stammaktien durch The Brennan Family Trust, DTD 09/06/2002. Die Einreichung bestreitet eine Beneficial Ownership der Treuhandaktien, außer im Umfang eines finanziellen Interesses, und weist darauf hin, dass die Aktienverkäufe eine Steuerabführung bei RSU-Vesting darstellen.

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 CA 95134

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 10/02/2025 F(1) 6,149 D $149.63 363,024 D
Ordinary Shares 10/05/2025 F(1) 6,149 D $143.87 356,875 D
Ordinary Shares 1,992,502 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 10/06/2025
** 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.

FAQ

What transactions did Credo (CRDO) insider Brennan report in this Form 4?

The reporting person had 6,149 shares withheld on 10/02/2025 at $149.63 and another 6,149 shares withheld on 10/05/2025 at $143.87, totaling 12,298 shares surrendered for tax withholding.

Why were the shares disposed of according to the filing?

The filing explains the shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.

How many Credo shares does Brennan beneficially own after these transactions?

After the transactions, the reporting person directly beneficially owned 356,875 ordinary shares and indirectly beneficially owned 1,992,502 ordinary shares via The Brennan Family Trust, DTD 09/06/2002.

Did the filing report any derivative securities or option exercises?

No derivative securities, options, or other convertible instruments are reported in Table II of this Form 4.

Does the reporting person claim full ownership of the trust-held shares?

The reporting person disclaims beneficial ownership of the trust shares except to the extent of his pecuniary interest therein, per the disclosure.
CREDO TECHNOLOGY GROUP HOLDING

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