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Credo (CRDO) CEO logs 7,500-share gift to family charitable trust

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

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and CEO William Joseph Brennan reported a charitable share transfer. A trust associated with him, The Brennan Family Trust, made a bona fide gift of 7,500 ordinary shares to The Brennan Family Fund, a charitable remainder trust.

After the transactions, Brennan is shown with 347,652 ordinary shares held directly and 1,767,502 shares held indirectly through the family trust. The filing notes he does not share voting or investment power over the securities held by the trust and disclaims beneficial ownership except to the extent of his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Brennan William Joseph
Role Pres & Chief Executive Officer
Type Security Shares Price Value
Gift Ordinary Shares 7,500 $0.00 --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 1,767,502 shares (Indirect, The Brennan Family Trust, DTD 09/06/2002); Ordinary Shares — 347,652 shares (Direct, null)
Footnotes (1)
  1. Represents a gift of 7,500 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust. The Reporting Person does not share any voting or investment power over the securities held by the trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Gifted shares 7,500 ordinary shares Bona fide gift from The Brennan Family Trust to The Brennan Family Fund
Direct holdings after transaction 347,652 ordinary shares Shares held directly by William Brennan following the reported transactions
Indirect holdings after transaction 1,767,502 ordinary shares Shares held indirectly through The Brennan Family Trust after the gift
Gift transaction price $0.0000 per share Reported price for the 7,500-share bona fide gift
bona fide gift financial
"The transaction code description identifies the transfer as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
charitable remainder trust financial
"The Brennan Family Fund is described as a charitable remainder trust receiving 7,500 shares."
pecuniary interest financial
"He disclaims beneficial ownership except to the extent of his pecuniary interest therein."
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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*
Brennan William Joseph

(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)
Pres & Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
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 Shares06/15/2026G(1)7,500D$01,767,502IThe Brennan Family Trust, DTD 09/06/2002(2)
Ordinary Shares347,652D
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 a gift of 7,500 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust. The Reporting Person does not share any voting or investment power over the securities held by the trust.
2. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Remarks:
/s/ James Laufman, attorney-in-fact06/17/2026
** 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 (CRDO) report for CEO William Brennan?

Credo’s CEO William Brennan reported a bona fide gift of 7,500 ordinary shares. The transfer was made from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust, rather than through an open-market stock sale.

How many Credo (CRDO) shares were gifted in the latest Form 4?

The Form 4 shows a gift of 7,500 Credo ordinary shares. These shares moved from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust, with no sale price involved, as the transaction price per share was reported as 0.0000.

Who received the gifted Credo (CRDO) shares from The Brennan Family Trust?

The gifted Credo shares were transferred from The Brennan Family Trust to The Brennan Family Fund. The Brennan Family Fund is described as a charitable remainder trust, indicating the 7,500 shares were moved for charitable planning rather than typical market trading activity.

How many Credo (CRDO) shares does William Brennan hold after the reported gift?

After the reported transactions, William Brennan is listed with 347,652 Credo ordinary shares held directly. He is also shown with 1,767,502 shares held indirectly through The Brennan Family Trust, reflecting his remaining position following the 7,500-share charitable gift.

Does William Brennan control voting or investment decisions for the Credo (CRDO) trust shares?

The filing states Brennan does not share voting or investment power over securities held by The Brennan Family Trust. It also notes he disclaims beneficial ownership of those Credo shares except to the extent of his pecuniary interest in the trust.

Was the Credo (CRDO) Form 4 transaction a market sale by the CEO?

The Form 4 describes the transaction as a bona fide gift, not an open-market sale. Shares were transferred between related trusts at a reported price of 0.0000 per share, indicating a non-cash, charitable-oriented disposition rather than a sale into the market.