Credo Technology (CRDO) legal chief has shares withheld for taxes
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) reported that Chief Legal Officer and Secretary James Laufman had 7,379 Ordinary Shares withheld on August 19, 2026 to satisfy tax withholding obligations arising from the vesting and settlement of RSUs. Following this tax-withholding disposition, he directly holds 174,223 Ordinary Shares, which include shares acquired through the company’s employee stock purchase plan.
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Insights
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Insider Trade Summary
Net Seller: 7,379 shares
Net Sell
1 txn
Insider
Laufman James
Role
Chief Legal Officer, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1, F2 | 7,379 | $245.97 | $1.82M |
Holdings After Transaction:
Ordinary Shares — 174,223 shares (Direct)
Footnotes (2)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- F2. The number of securities reported includes the acquisition on June 30, 2026 of 372 shares of the Issuer's common stock pursuant to the Issuer's employee stock purchase plan for the purchase period of January 1, 2026 through July 1, 2026. 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.
Key Figures
Shares withheld for tax withholding obligations: 7,379 shares
Tax-withholding reference price per share: $245.9700 per share
Shares owned after transaction: 174,223 shares
+3 more
6 metrics
Shares withheld for tax withholding obligations
7,379 shares
Ordinary Shares withheld on August 19, 2026 in connection with RSU vesting
Tax-withholding reference price per share
$245.9700 per share
Value used for the 7,379 Ordinary Shares withheld
Shares owned after transaction
174,223 shares
Directly owned Ordinary Shares by James Laufman following the August 19, 2026 transaction
ESPP shares acquired
372 shares
Common stock acquired on June 30, 2026 under the employee stock purchase plan
ESPP purchase discount
85% of grant date fair market value
Pricing basis for ESPP shares using the fair market value on December 31, 2024
ESPP purchase period
January 1, 2026 through July 1, 2026
Purchase period for the 372 ESPP shares acquired June 30, 2026
Key Terms
RSUs, employee stock purchase plan, grant date fair market value
3 terms
RSUs financial
"tax withholding obligations 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.
employee stock purchase plan financial
"pursuant to the Issuer's employee stock purchase plan for the purchase period"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
grant date fair market value financial
"purchased based on 85% of the grant date fair market value of a share"
FAQ
What transaction did CRDO insider James Laufman report on this Form 4?
James Laufman reported a withholding of 7,379 Ordinary Shares of Credo Technology Group Holding Ltd on August 19, 2026 to satisfy tax withholding obligations related to the vesting and settlement of RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.