Credo (CRDO) CLO James Laufman Withholds 7,379 Shares for Taxes

What Happened James Laufman, Chief Legal Officer and Secretary of Credo Technology Group (CRDO), had 7,379 shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs. The withholding is reported as a disposition at $168.99 per share, for a notional value of approximately $1,246,977. This was a tax-withholding/cashless settlement event, not an open-market sale.

Key Details

• Transaction date: 2026-05-19; Filing date: 2026-05-21 (Form 4 filed promptly).
• Shares withheld/disposed: 7,379 at $168.99 per share — total value ≈ $1,246,977.
• Transaction code: F — issuer withheld shares to satisfy tax obligations (see footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — represents shares withheld by the issuer to satisfy tax withholding in connection with RSU vesting/settlement.

Context This was a routine tax-withholding action related to RSU vesting (cashless settlement), not an open-market sale or a purchase. Such withholding is common and does not, by itself, indicate the insider’s view on the company’s stock.