Form 4: Credo CFO Disposes Shares for Tax Obligations

Sentiment:

Insider Transaction Report


Credo Technology Group's CFO, Daniel W. Fleming, reported the disposal of ordinary shares to cover tax liabilities from RSU vesting.

Summary

  • Credo Technology Group Holding Ltd's Chief Financial Officer, Daniel W. Fleming, reported two transactions involving the disposal of ordinary shares.
  • On January 2, 2026, 1,590 ordinary shares were disposed of at a price of $143.22 per share.
  • On January 5, 2026, an additional 2,348 ordinary shares were disposed of at a price of $140.24 per share.
  • These disposals, totaling 3,938 shares, were made to satisfy tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units (RSUs).
  • Following these transactions, Mr. Fleming beneficially owns 454,740 ordinary shares directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction (shares withheld for tax obligations upon RSU vesting), which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing (Form 4) reporting the disposal of shares to cover tax obligations related to equity compensation. Such transactions are common across all industries when executives' restricted stock units vest.

Stakeholder Impact

  • Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in investment sentiment by the insider.

Key Dates

DateDescription
01/02/2026Transaction date for the disposal of 1,590 ordinary shares.
01/05/2026Transaction date for the disposal of 2,348 ordinary shares.
01/06/2026Date the Form 4 was signed by the reporting person's attorney-in-fact.

Keywords

Credo Technology Group, CRDO, Daniel W. Fleming, CFO, Insider Transaction, Form 4, Share Disposal, Tax Withholding, RSU Vesting

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