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Credo Technology (CRDO) legal chief has shares withheld for taxes

(Very High)
(Neutral)
Form Type
4

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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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)
  1. F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
  2. 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.
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
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.

Did the CRDO insider make an open-market sale of shares?

No. The 7,379 shares reported were withheld by the issuer to cover tax withholding obligations upon RSU vesting, rather than sold in an open-market transaction.

How many CRDO shares does James Laufman own after this transaction?

After the tax-withholding disposition, James Laufman directly owns 174,223 Ordinary Shares of Credo Technology Group Holding Ltd, as reported in the Form 4.

What additional CRDO shares are included in Laufman’s reported holdings?

His reported 174,223 shares include an acquisition on June 30, 2026 of 372 shares under Credo’s employee stock purchase plan for the purchase period January 1, 2026 through July 1, 2026.

How were the ESPP shares for CRDO priced for James Laufman?

The 372 ESPP shares acquired on June 30, 2026 were purchased at 85% of the grant date fair market value of a share on December 31, 2024, in accordance with Credo’s employee stock purchase plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer, Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026
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 Shares08/19/2026F(1)7,379D$245.97174,223(2)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)
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 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.
Remarks:
/s/ James Laufman08/19/2026
** 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)