Form 4: Credo Technology Group Holding Ltd: Executive Officer Brennan Settles RSUs, Disposes of Shares for Tax Obligations

William Joseph Brennan, Pres & Chief Executive Officer of Credo Technology Group Holding Ltd, disposed of 6,149 ordinary shares on March 1, 2025, to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).

Summary

• On March 1, 2025, William Joseph Brennan, the President and Chief Executive Officer of Credo Technology Group Holding Ltd, disposed of 6,149 ordinary shares.
• The shares were disposed of to satisfy tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
• The transaction was executed at a price of $55.18 per share.
• Following the transaction, Brennan directly owns 469,726 ordinary shares.
• Brennan also indirectly owns 2,370,858 ordinary shares through The Brennan Family Trust, DTD 09/06/2002, but disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, like officers and directors, trade their company's stock. This filing indicates a routine transaction related to executive compensation and tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates