Credo (CRDO) Form 4: Laufman disposition tied to tax withholding

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd (CRDO) insider transaction: Chief Legal Officer and Secretary James Laufman reported a sale of 7,379 ordinary shares on 08/19/2025 at a price of $106.30 per share. After the sale, he beneficially owned 242,284 shares (direct). The filing notes the shares sold were withheld by the issuer to satisfy tax withholding obligations related to RSU vesting. It also discloses an employee stock purchase plan acquisition of 317 shares on 06/30/2025 purchased at 85% of the 12/31/2024 fair market value.

Positive

• Transaction was disclosed promptly with explanation that shares were withheld for tax withholding on RSU vesting
• Reporting person retains substantial beneficial ownership of 242,284 shares after the transaction

Negative

• Insider disposed of 7,379 shares, which may be viewed negatively by some investors despite being for tax withholding

Insights

Financial Analyst

Insider sale noted; transaction size appears routine relative to total holdings.

The report documents a non-derivative disposition of 7,379 shares at $106.30, executed to satisfy tax withholding on vested RSUs. The remaining beneficial ownership of 242,284 shares remains substantial. This is a single, disclosed sale tied to compensation tax obligations rather than an open-market discretionary sale, which is typically considered less informative about management's view on valuation.

Corporate Governance Expert

Disclosure aligns with Section 16 reporting; withholding for taxes is common and explained.

The Form 4 includes the required explanation that shares were withheld to cover tax liabilities from RSU settlement and separately discloses a small ESPP purchase of 317 shares. The filing is complete with signature and dates, meeting disclosure standards. No indication of undeclared related-party transactions or errors in reporting are present in the provided text.

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

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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)
08/19/2025

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	08/19/2025		F(1)		7,379	D	$106.3	242,284(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 June 30, 2025 of 317 shares of the Issuer's common stock pursuant to the Issuer's employee stock purchase plan for the purchase period of January 1, 2025 through July 1, 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 December 31, 2024.

Remarks:

	/s/ James Laufman	08/20/2025
	** 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 James Laufman (CRDO) report on Form 4?

He reported a disposition of 7,379 ordinary shares on 08/19/2025 at $106.30 per share and beneficial ownership of 242,284 shares after the transaction.

Why were the 7,379 shares sold according to the filing?

The filing states the shares were withheld by the issuer to satisfy tax withholding obligations related to RSU vesting.

Did the Form 4 disclose any other recent stock acquisitions for CRDO insiders?

Yes, it discloses the acquisition of 317 shares on 06/30/2025 under the issuer's employee stock purchase plan at 85% of the 12/31/2024 fair market value.

What is James Laufman's role at Credo (CRDO)?

The filing lists him as Chief Legal Officer and Secretary and indicates director/officer status.

When was the Form 4 signed and filed?

The signature block shows /s/ James Laufman with a date of 08/20/2025.