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 shares to cover tax withholding obligations related to RSU vesting.

Summary

• On April 2, 2025, Daniel W. Fleming, the Chief Financial Officer of Credo Technology Group Holding Ltd, disposed of 2,460 ordinary shares.
• The shares were disposed of to satisfy tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs).
• The transaction was executed at a price of $43.04 per share.
• Following the transaction, Fleming beneficially owns 614,852 ordinary shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction (share disposal for tax obligations). It doesn't inherently convey positive or negative sentiment.

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 executives sell shares to cover tax obligations related to equity compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the executive's long-term outlook on the company.

Key Dates

Keywords

Form 4, Credo Technology Group, Daniel W. Fleming, CFO, Share Disposal, RSU, Tax Withholding, Beneficial Ownership