Credo Technology (CRDO) CFO logs RSU tax share withholding on Form 4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd Chief Financial Officer Daniel W. Fleming reported routine share withholding related to equity compensation. On January 2, 2026, 1,590 ordinary shares were withheld at $143.22 per share, and on January 5, 2026, a further 2,348 ordinary shares were withheld at $140.24 per share. According to the footnote, these shares were withheld by the company to cover tax obligations arising from the vesting and settlement of RSUs. Following these transactions, Fleming directly held 454,740 ordinary shares of Credo.
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Insights
Routine RSU tax withholding; CFO retains a large share position.
The disclosure shows Daniel W. Fleming, Chief Financial Officer of Credo Technology Group Holding Ltd, reporting two Form 4 transactions coded "F" in ordinary shares. Code F indicates shares withheld by the issuer, and the footnote states they were used to satisfy tax withholding tied to RSU vesting and settlement, rather than open-market sales.
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This type of transaction is a common administrative outcome of RSU vesting and does not by itself signal a discretionary decision to reduce ownership. Future equity award vesting events and related Form 4 filings will provide additional visibility into ongoing compensation-related share movements.
FAQ
Who is the reporting insider in the Credo (CRDO) Form 4 filing?
The reporting insider is Daniel W. Fleming, who serves as Chief Financial Officer of Credo Technology Group Holding Ltd. The Form 4 indicates he is an officer, not a director or 10% owner.
What transactions did Credo (CRDO) disclose in this Form 4?
The Form 4 reports two transactions in ordinary shares coded "F". On January 2, 2026, 1,590 shares were withheld at $143.22 per share, and on January 5, 2026, 2,348 shares were withheld at $140.24 per share.
What does transaction code "F" mean in the Credo (CRDO) Form 4?
Transaction code "F" indicates that shares were withheld by the issuer to satisfy tax withholding obligations. The footnote clarifies these withholdings were in connection with the vesting and settlement of RSUs, not open-market sales.
How many Credo (CRDO) shares does the CFO own after the reported transactions?
After the reported withholding transactions, Chief Financial Officer Daniel W. Fleming directly owned 454,740 ordinary shares of Credo Technology Group Holding Ltd.
Were any derivative securities reported in this Credo (CRDO) Form 4?
The Form 4 includes a section for derivative securities, but no derivative transactions (such as options or warrants) are listed in the provided table. The transactions disclosed relate only to ordinary shares.
Why were Credo (CRDO) shares withheld from the CFO in this Form 4?
The footnote explains that the reported shares represent shares withheld by the issuer to satisfy tax withholding obligations arising from the vesting and settlement of RSUs granted to Chief Financial Officer Daniel W. Fleming.