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Credo (CRDO) legal chief reports RSU tax-withholding share disposition

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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*
Laufman James

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer, Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 F(1) 6,350 D $130.66 208,609(2) D
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 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.
Remarks:
/s/ James Laufman 02/20/2026
** 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 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.

Was the Credo (CRDO) insider Form 4 a market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open market sale. 6,350 shares were withheld by Credo to pay taxes due when restricted stock units vested and settled, a common administrative equity compensation event.

How many Credo (CRDO) shares does James Laufman hold after this Form 4 transaction?

After the reported transaction, James Laufman directly holds 208,609 Credo ordinary shares. This figure includes 54 shares acquired on December 31, 2025 through the company’s employee stock purchase plan at a discounted grant-date price.

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.

How were additional Credo (CRDO) shares acquired under the employee stock purchase plan?

The Form 4 notes that 54 Credo shares were acquired on December 31, 2025 under the employee stock purchase plan. These were purchased for the July 1–December 31, 2025 period at 85% of the January 1, 2025 fair market value.