Director Fariba Danesh receives 890-share RSU grant at Credo (CRDO)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

DANESH FARIBA reported acquisition or exercise transactions in this Form 4 filing.

Credo Technology Group Holding Ltd director Fariba Danesh received an equity award. The Form 4 shows a grant of 890 ordinary-share restricted stock units at no cash cost. After this award, Danesh directly holds 8,117 ordinary shares in total, including the unvested units.

The restricted stock units vest in full on the earlier of one year after the vesting commencement date, which is the day following the company’s 2025 Annual General Meeting, or on the date of the 2026 Annual General Meeting, subject to continued service through the vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DANESH FARIBA

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	890	$0.00	--

Holdings After Transaction: Ordinary Shares — 8,117 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 890 shares Grant price: $0.00 per share Post-transaction holdings: 8,117 shares +1 more

4 metrics

RSU grant size 890 shares Restricted stock units awarded to director Fariba Danesh

Grant price $0.00 per share Stated transaction price for RSU award

Post-transaction holdings 8,117 shares Total ordinary shares held directly after the grant

Transaction date May 23, 2026 Date of RSU grant reported on Form 4

Key Terms

restricted stock units, vesting commencement date, Annual General Meeting, Form 4

4 terms

restricted stock units financial

"Represents restricted stock units that will fully vest upon the earlier of"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting commencement date financial

"the one year anniversary of the vesting commencement date (the day following"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

Annual General Meeting regulatory

"the Issuer's 2025 Annual General Meeting), or (b) the date of the Issuer's 2026 Annual General Meeting"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 06:38 PM

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^*

DANESH FARIBA

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	05/23/2026		A		890⁽¹⁾	A	$0	8,117	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents restricted stock units that will fully vest upon the earlier of (a) the one year anniversary of the vesting commencement date (the day following the Issuer's 2025 Annual General Meeting), or (b) the date of the Issuer's 2026 Annual General Meeting, in each case subject to continued service through the vesting date.

Remarks:

	/s/ James Laufman, attorney-in-fact	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Credo Technology Group (CRDO) report for Fariba Danesh?

Credo Technology Group reported that director Fariba Danesh received a grant of 890 restricted stock units. These units represent ordinary shares awarded as equity compensation and do not involve an open-market purchase or sale of CRDO stock.

How many Credo Technology (CRDO) shares does Fariba Danesh hold after this Form 4?

After the reported grant, director Fariba Danesh directly holds 8,117 ordinary shares of Credo Technology. This total includes the newly awarded 890 restricted stock units that will vest in the future, assuming continued service through the vesting date.

What are the vesting terms of Fariba Danesh’s new Credo Technology (CRDO) RSUs?

The 890 restricted stock units will fully vest on the earlier of one year after the vesting commencement date, which follows the 2025 Annual General Meeting, or the date of the 2026 Annual General Meeting, conditioned on continued service through vesting.

Did Fariba Danesh buy or sell Credo Technology (CRDO) shares on the open market?

No open-market transaction occurred; the Form 4 records an equity award. Fariba Danesh received 890 restricted stock units at a stated price of $0.00 per share as part of director compensation, not a market purchase or sale of CRDO stock.

Is Fariba Danesh’s Credo Technology (CRDO) Form 4 transaction a derivative exercise?

The filing does not show any derivative exercise; it records a grant of restricted stock units. Transaction code A indicates a grant or award acquisition, with no accompanying option exercise or derivative activity reported in this particular Form 4.