CRDO COO reports 6,348-share disposal at $149.63 and $143.87

Rhea-AI Filing Summary

Insider sales by Credo Technology Group Holding Ltd (CRDO): The company's Chief Operating Officer and director, Lam Yat Tung, reported two open-market disposals totaling 6,348 ordinary shares. On 10/02/2025 he sold 3,174 shares at $149.63, and on 10/05/2025 he sold 3,174 shares at $143.87. After these transactions his reported direct ownership declined to 2,622,055 ordinary shares.

The filing also shows indirect holdings: 920,000 shares held by Zhan BVI Co Ltd and 125,000 shares held by EZ Trust, with the reporting person disclaiming beneficial ownership of those indirect positions except for any pecuniary interest. The transactions were reported on Form 4 with a signature by an attorney-in-fact on 10/06/2025. The filing notes the sales reflect shares withheld by the issuer to satisfy tax-withholding on vested RSUs.

Positive

• Timely reporting — transactions were disclosed on Form 4 with a dated signature within days of the trades (10/06/2025)
• Sales tied to RSU tax withholding — the filing states shares were withheld to satisfy tax obligations, indicating these were not discretionary open-market liquidation for other purposes

Negative

• Reduction in direct ownership — reported direct holdings fell to 2,622,055 ordinary shares after the transactions
• Insider sales occurred at market prices — $149.63 and $143.87, which investors may view as liquidity events

Insights

Corporate Governance Analyst

TL;DR: Director/COO reported short-term share disposals tied to RSU settlement and tax withholding.

The reported disposals total 6,348 ordinary shares across two dates in early October 2025, executed at prices of $149.63 and $143.87. The form explicitly states these shares were withheld by the issuer to satisfy tax-withholding obligations connected to RSU vesting, which is a common administrative outcome following equity compensation vesting.

This filing leaves clear, verifiable items to monitor: the remaining direct ownership of 2,622,055 shares and the disclosed indirect holdings of 920,000 and 125,000. Watch subsequent Form 4 filings for any additional open-market trades or transfers within the next quarter.

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^*

Lam Yat Tung

(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)
	Chief Operating 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)		3,174	D	$149.63	2,625,229	D
Ordinary Shares	10/05/2025		F(1)		3,174	D	$143.87	2,622,055	D
Ordinary Shares								920,000	I	By Zhan BVI Co Ltd(2)
Ordinary Shares								125,000	I	By EZ Trust(3)

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 indirectly held shares except to the extent of any pecuniary interest therein.

3. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's 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 did CRDO insider Lam Yat Tung sell on 10/02/2025 and 10/05/2025?

He reported selling a total of 6,348 ordinary shares in two transactions of 3,174 shares each, at prices of $149.63 and $143.87.

Why were shares sold according to the Form 4 for CRDO?

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

How many CRDO shares does Lam Yat Tung beneficially own after these transactions?

The report lists 2,622,055 ordinary shares held directly after the reported transactions, plus indirect positions of 920,000 and 125,000 shares.

When was the Form 4 for CRDO filed and signed?

The Form 4 shows a signature by an attorney-in-fact on 10/06/2025.

Does the Form 4 allege any misconduct or legal issues?

No. The filing contains routine disclosures about share dispositions and ownership; it does not allege misconduct or legal charges.