Credo COO has shares withheld for RSU taxes
Credo Technology Group Holding Ltd director and COO Lam Yat Tung reported routine equity compensation activity.
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Rhea-AI Filing Summary
Credo Technology Group Holding Ltd director and COO Lam Yat Tung reported routine equity compensation activity. On June 10, 2026, 6,360 Ordinary Shares were withheld by the company at $237.68 per share to cover tax obligations tied to vesting RSUs, a non‑market transaction.
After this tax withholding, Lam directly holds 2,653,969 Ordinary Shares. Additional indirect positions are reported as 400,000 shares held by Zhan BVI Co Ltd and 125,000 shares held by EZ Trust, with Lam disclaiming beneficial ownership except for any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 6,360 | $237.68 | $1.51M |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (3)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- F2. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
- F3. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
Key Figures
Key Terms
RSUs financial
tax withholding obligations financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Credo Technology Group (CRDO) report for Lam Yat Tung?
What indirect Credo Technology Group (CRDO) holdings are associated with Lam Yat Tung?
Does the Credo Technology Group (CRDO) Form 4 indicate an open-market sale by Lam Yat Tung?
AI-generated analysis. How Rhea-AI works. Not financial advice.