Form 4: Credo COO Yat Tung Lam Executes Tax-Related Share Sale

Credo Technology Group Holding Ltd COO Yat Tung Lam sold 6,360 shares to satisfy tax obligations related to RSU vesting.

Summary

• Reporting person Yat Tung Lam, Chief Operating Officer of Credo Technology Group Holding Ltd, disposed of 6,360 ordinary shares.
• The transactions occurred on April 2, 2026, and April 5, 2026.
• Each transaction involved 3,180 shares sold at a price of $101.45 per share.
• The sales were conducted to satisfy tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
• Following these transactions, the reporting person maintains a direct beneficial ownership of 2,610,329 ordinary shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was purely for tax compliance purposes and does not reflect a discretionary divestment by the executive.

Positives

• The sale was non-discretionary, specifically executed to cover tax liabilities arising from equity compensation vesting.

Negatives

• Reduction in direct share ownership by the Chief Operating Officer.

Risks

• None identified; this is a routine administrative transaction related to tax compliance.

Future Outlook

Not applicable; this is a historical disclosure of an insider transaction.

Industry Context

StockSavvy.ai notes that tax-related share sales by executives are standard industry practice and do not typically signal a change in management sentiment regarding the company's long-term prospects.

Comparison to Industry Standards

• The transaction aligns with standard corporate governance practices for handling RSU tax obligations among publicly traded technology firms.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a routine tax-related sell-to-cover event.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Credo Technology, CRDO, Insider Trading, Form 4, COO, Equity Compensation, Tax Withholding