Credo (CRDO) legal chief reports RSU tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd Chief Legal Officer and Secretary James Laufman reported a Form 4 transaction involving company ordinary shares. On this filing, 6,350 shares were disposed of to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units, rather than through an open market sale. Following this tax-withholding disposition, his directly held ownership stands at 208,609 ordinary shares, which includes 54 shares acquired on December 31, 2025 under the company’s employee stock purchase plan at 85% of the January 1, 2025 grant date fair market value.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Laufman James
Role
Chief Legal Officer, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 6,350 | $130.66 | $830K |
Holdings After Transaction:
Ordinary Shares — 208,609 shares (Direct)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs. The number of securities reported includes the acquisition on December 31, 2025 of 54 shares of the Issuer's common stock pursuant to the Issuer's employee stock purchase plan for the purchase period of July 1, 2025 through December 31, 2025. In accordance with the Issuer's employee stock purchase plan, these shares were purchased based on 85% of the grant date fair market value of a share on January 1, 2025.
FAQ
What insider transaction did Credo Technology Group (CRDO) report for James Laufman?
Credo Technology Group reported a Form 4 for Chief Legal Officer James Laufman showing 6,350 ordinary shares disposed. The shares were withheld by the company to satisfy tax obligations from vesting RSUs, rather than sold on the open market.
What does the transaction code F mean in the Credo (CRDO) Form 4 filing?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, Credo withheld 6,350 shares from James Laufman to cover tax withholding obligations tied to vesting and settlement of restricted stock units.