Credo (CRDO) legal chief has shares withheld for RSU tax obligations

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd reported that Chief Legal Officer and Secretary James Laufman had 7,379 Ordinary Shares withheld on May 19, 2026 to cover tax obligations tied to vesting restricted stock units (RSUs).

These shares were not sold on the open market. After this tax-withholding disposition, Laufman directly holds 191,230 Ordinary Shares of Credo.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Laufman James

Role Chief Legal Officer, Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Shares	7,379	$168.99	$1.25M

Holdings After Transaction: Ordinary Shares — 191,230 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 7,379 shares Transaction price per share: $168.99 per share Shares held after transaction: 191,230 shares

3 metrics

Shares withheld for taxes 7,379 shares Tax withholding disposition for RSU vesting on May 19, 2026

Transaction price per share $168.99 per share Value used for recorded tax-withholding disposition

Shares held after transaction 191,230 shares Direct holdings of Ordinary Shares after tax withholding

Key Terms

RSUs, tax withholding obligations, vesting and settlement, Form 4

4 terms

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

"withheld by the Issuer to satisfy tax withholding obligations in connection"

vesting and settlement financial

"in connection with the vesting and settlement of RSUs."

Form 4 regulatory

"This is recorded as a tax-withholding disposition in the Form 4 disclosure."

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 →

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^*

Laufman James

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer, Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/19/2026		F(1)		7,379	D	$168.99	191,230	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.

Remarks:

	/s/ James Laufman	05/21/2026
	** 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)

FAQ

What insider transaction did Credo (CRDO) report for James Laufman?

Credo reported that Chief Legal Officer James Laufman had 7,379 Ordinary Shares withheld to cover tax obligations from vesting RSUs. This is recorded as a tax-withholding disposition, not an open-market stock sale.

Was the Credo (CRDO) insider transaction an open-market sale?

No, the transaction was not an open-market sale. Shares were withheld by the company to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs) awarded to James Laufman.

How many Credo (CRDO) shares were involved in the tax withholding?

A total of 7,379 Ordinary Shares were withheld to cover tax liabilities associated with RSU vesting. The shares are valued at a transaction price of $168.99 per share in the Form 4 disclosure.

How many Credo (CRDO) shares does James Laufman hold after this Form 4?

After the tax-withholding disposition, James Laufman directly holds 191,230 Ordinary Shares of Credo. This figure reflects his position following the RSU-related share withholding reported in the Form 4 filing.

What does the footnote in the Credo (CRDO) Form 4 explain?

The footnote explains that the reported shares were withheld by Credo to satisfy tax withholding obligations arising from the vesting and settlement of RSUs. It clarifies the transaction purpose as tax-related, not discretionary trading.