[Form 4] Credo Technology Group Holding Ltd Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd’s president and CEO William Joseph Brennan reported open‑market sales of company ordinary shares. He sold 6,149 shares on April 2 and another 6,149 shares on April 5, each at $101.45 per share, for total reported sales of 12,298 shares.
After these transactions, he directly holds 222,311 ordinary shares. The filing also shows an indirect holding of 1,782,502 ordinary shares through The Brennan Family Trust, DTD 09/06/2002, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. A footnote notes that some shares were previously withheld to cover tax obligations related to RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,298 shares ($1,247,632)
Net Sell
3 txns
Insider
Brennan William Joseph
Role
Pres & Chief Executive Officer
Sold
12,298 shs ($1.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 6,149 | $101.45 | $624K |
| Sale | Ordinary Shares | 6,149 | $101.45 | $624K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 222,311 shares (Direct);
Ordinary Shares — 1,782,502 shares (Indirect, The Brennan Family Trust, DTD 09/06/2002)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Key Figures
Shares sold April 2: 6,149 shares
Shares sold April 5: 6,149 shares
Total shares sold: 12,298 shares
+3 more
6 metrics
Shares sold April 2
6,149 shares
Open-market sale of ordinary shares on April 2, 2026 at $101.45
Shares sold April 5
6,149 shares
Open-market sale of ordinary shares on April 5, 2026 at $101.45
Total shares sold
12,298 shares
Combined open-market sales on April 2 and April 5, 2026
Sale price per share
$101.45 per share
Price for both reported open-market sales of ordinary shares
Direct holdings after sales
222,311 shares
Ordinary shares directly owned by Brennan after April 5, 2026 sale
Indirect trust holdings
1,782,502 shares
Ordinary shares held via The Brennan Family Trust, DTD 09/06/2002
Key Terms
open-market sale, Ordinary Shares, RSUs, tax withholding obligations, +2 more
6 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
RSUs financial
"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
"to satisfy tax withholding obligations in connection with the vesting"
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
The Brennan Family Trust, DTD 09/06/2002 financial
"nature_of_ownership": "The Brennan Family Trust, DTD 09/06/2002""
FAQ
What insider transaction did Credo (CRDO) report for CEO William Brennan?
Credo reported that CEO William Joseph Brennan executed open-market sales of 12,298 ordinary shares. He sold 6,149 shares on April 2 and 6,149 shares on April 5, both at $101.45 per share, according to the Form 4 insider trading report.
What indirect Credo (CRDO) holdings are associated with William Brennan?
The filing lists 1,782,502 Credo ordinary shares held indirectly via The Brennan Family Trust, DTD 09/06/2002. Brennan is the reporting person but disclaims beneficial ownership of those shares except to the extent of his pecuniary interest, as noted in a Form 4 footnote.
What type of transactions are reported in William Brennan’s Credo (CRDO) Form 4?
The Form 4 reports open-market sales of ordinary shares by William Brennan, coded as “S” transactions. It also includes a holding entry for indirect shares in The Brennan Family Trust and footnote detail about RSU-related tax withholding handled by the issuer, separate from market trades.