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Credo Technology (CRDO) CFO has shares withheld to cover RSU taxes

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

Rhea-AI Filing Summary

Credo Technology Group’s Chief Financial Officer Daniel W. Fleming reported a routine tax-related share disposition. On this Form 4, 2,460 Ordinary Shares were withheld by the company to cover tax obligations tied to vesting and settlement of RSUs. After this withholding, he directly holds 512,288 Ordinary Shares.

Positive

  • None.

Negative

  • None.
Insider Fleming Daniel W.
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Ordinary Shares 2,460 $241.91 $595K
Holdings After Transaction: Ordinary Shares — 512,288 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 2,460 shares Tax withholding tied to RSU vesting and settlement
Price per share (withholding reference) $241.91 per share Reference price for withheld Ordinary Shares
Shares held after transaction 512,288 shares Direct Ordinary Share holdings after tax-withholding disposition
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
"withheld by the Issuer to satisfy tax withholding obligations"
Ordinary Shares financial
"security_title: "Ordinary Shares" and 2,460 Ordinary Shares were withheld"
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" for 2,460 shares"
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.
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FAQ

What insider transaction did Credo Technology Group (CRDO) report for its CFO?

Credo Technology Group reported that CFO Daniel W. Fleming had 2,460 Ordinary Shares withheld. These shares were used to satisfy tax obligations arising from the vesting and settlement of restricted stock units, rather than being sold in an open-market transaction.

How many Credo (CRDO) shares were withheld for CFO Daniel Fleming’s RSU taxes?

A total of 2,460 Ordinary Shares were withheld from CFO Daniel W. Fleming. The issuer used these shares to pay required tax withholding tied to the vesting and settlement of his RSUs, according to the Form 4 and accompanying footnote disclosure.

Does the Credo (CRDO) Form 4 show an open-market sale by the CFO?

The Form 4 does not show an open-market sale by the CFO. It reports a tax-withholding disposition, where 2,460 Ordinary Shares were retained by the issuer to cover tax obligations from vesting RSUs, which is a mechanical payroll-like process.

How many Credo (CRDO) shares does the CFO hold after this Form 4 transaction?

After this tax-related withholding, CFO Daniel W. Fleming directly holds 512,288 Ordinary Shares. This post-transaction balance shown in the Form 4 indicates he continues to maintain a substantial equity position in Credo Technology Group following the RSU-related adjustment.

What does transaction code F mean in the Credo (CRDO) CFO’s Form 4?

Transaction code F on this Form 4 indicates a tax-withholding disposition. In this case, 2,460 Ordinary Shares were withheld by the issuer to satisfy tax liabilities connected to the vesting and settlement of restricted stock units granted to the CFO.
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*
Fleming Daniel W.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial 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)
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 Shares07/05/2026F(1)2,460D$241.91512,288D
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 shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
Remarks:
/s/ James Laufman, attorney-in-fact07/07/2026
** 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)