Form 4: Credo Technology Group CFO Daniel W. Fleming Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Daniel W. Fleming, CFO of Credo Technology Group Holding Ltd, disposed of 2,460 ordinary shares on April 5, 2025, to cover tax withholding obligations related to RSU vesting.
Summary
- On April 5, 2025, Daniel W. Fleming, the Chief Financial Officer of Credo Technology Group Holding Ltd, reported a transaction involving the disposal of ordinary shares.
- The transaction involved the disposal of 2,460 ordinary shares at a price of $33.3.
- This disposal was executed to satisfy tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
- Following the transaction, Fleming directly owns 612,392 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (share disposal for tax obligations). It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's securities, providing transparency to investors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/05/2025 | Date of the share disposal transaction. |
| 04/08/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Credo Technology Group, CRDO, Daniel W. Fleming, CFO, Share Disposal, RSU, Tax Withholding
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