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 April 5, 2025, to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs).

Summary

• On April 5, 2025, William Joseph Brennan, the President and Chief Executive Officer of Credo Technology Group Holding Ltd, disposed of 6,149 ordinary shares.
• The transaction was executed to satisfy tax withholding obligations associated with the vesting and settlement of RSUs.
• The shares were disposed of at a price of $33.3.
• Following the transaction, Brennan directly owns 457,428 ordinary shares.
• Brennan also has indirect ownership of 2,226,978 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 is a routine regulatory filing detailing an executive's stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as executives and directors. This filing indicates the executive's transactions related to vested RSUs.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Credo Technology Group Holding Ltd, CRDO, William Joseph Brennan, Executive Compensation, RSU, Tax Withholding, Beneficial Ownership, Insider Trading