Form 4: Credo Technology Group CFO Daniel W. Fleming Reports Share Disposal for Tax Obligations

Daniel W. Fleming, CFO of Credo Technology Group Holding Ltd, disposed of 2,504 ordinary shares on December 1, 2022, to cover tax withholding obligations related to RSU vesting.

Summary

• On December 1, 2022, Daniel W. Fleming, the Chief Financial Officer of Credo Technology Group Holding Ltd, disposed of 2,504 ordinary shares.
• The transaction was executed to satisfy tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
• The shares were disposed of at a price of $14.2485 per share.
• Following the transaction, Fleming directly owns 636,060 ordinary shares.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (disposal of shares for tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is a common occurrence where shares are sold to cover tax obligations related to equity compensation.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

Credo Technology Group, Daniel W. Fleming, CFO, Form 4, Share Disposal, RSU Vesting, Tax Withholding, Ordinary Shares