STOCK TITAN

Credo Technology (NASDAQ: CRDO) COO reports RSU tax-withholding of 6,360 shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Lam Yat Tung
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Ordinary Shares 6,360 $237.68 $1.51M
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 2,653,969 shares (Direct, null); Ordinary Shares — 125,000 shares (Indirect, By EZ Trust)
Footnotes (1)
  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 except to the extent of his spouse's pecuniary interest therein. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
Tax-withheld shares 6,360 shares Ordinary Shares withheld for RSU tax obligations at F-code
Withholding price $237.68 per share Price applied to shares withheld for tax obligations
Direct holdings after transaction 2,653,969 shares Ordinary Shares directly held by Lam Yat Tung post-transaction
Indirect holdings via Zhan BVI Co Ltd 400,000 shares Ordinary Shares held indirectly through Zhan BVI Co Ltd
Indirect holdings via EZ Trust 125,000 shares Ordinary Shares held indirectly through EZ Trust
Tax-withholding transactions 1 transaction Single F-code disposition related to RSU tax obligations
RSUs financial
"in connection with the 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
"shares withheld by the Issuer to satisfy tax withholding obligations in connection"
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein."
indirectly held shares financial
"disclaims beneficial ownership of these indirectly held shares except to the extent"
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SEC Form 4
FORM 4UNITED 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*
Lam Yat Tung

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/10/2026F(1)6,360D$237.682,653,969D
Ordinary Shares125,000IBy EZ Trust(2)
Ordinary Shares400,000IBy Zhan BVI Co Ltd(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
3. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
Remarks:
/s/ James Laufman, attorney-in-fact06/15/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Credo Technology Group (CRDO) report for Lam Yat Tung?

Credo Technology Group reported that COO and director Lam Yat Tung had 6,360 Ordinary Shares withheld to cover tax obligations on vesting RSUs. This is classified as a tax-withholding disposition, not an open-market sale, and reflects routine equity compensation processing.

How many Credo Technology Group (CRDO) shares were withheld for taxes in this Form 4?

The filing shows 6,360 Ordinary Shares withheld at a price of $237.68 per share. These shares were retained by the issuer to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units (RSUs) granted to the reporting person.

What are Lam Yat Tung’s direct share holdings in Credo Technology Group (CRDO) after the Form 4 event?

Following the reported tax-withholding transaction, Lam Yat Tung directly holds 2,653,969 Ordinary Shares of Credo Technology Group. This figure represents his post-transaction direct ownership and excludes additional indirect holdings reported through related entities and trusts.

What indirect Credo Technology Group (CRDO) holdings are associated with Lam Yat Tung?

The Form 4 lists 400,000 Ordinary Shares held indirectly through Zhan BVI Co Ltd and 125,000 shares held through EZ Trust. Lam Yat Tung disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest he may have.

Does the Credo Technology Group (CRDO) Form 4 indicate an open-market sale by Lam Yat Tung?

No, the Form 4 does not report an open-market sale. The only disposition is an F-code transaction, where 6,360 shares were withheld by the issuer to satisfy tax withholding obligations related to RSU vesting, a standard non-market compensation-related event.