DANESH FARIBA 4

What Happened

• Danesh Fariba, a director of Credo Technology Group Holding Ltd (CRDO), was granted 890 restricted stock units (RSUs) on 2026-05-23. The reported acquisition price is $0.00, so the Form 4 shows an aggregate acquisition value of $0. This is an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-05-23. Form 4 filed on 2026-05-26.
• Transaction type/code: Award/Grant (A) — 890 RSUs @ $0.00; aggregate acquisition $0.
• Shares owned after transaction: Not disclosed in the filing provided.
• Footnote (F1): These RSUs will fully vest upon the earlier of (a) the one‑year anniversary of the vesting commencement date (the day after the issuer's 2025 Annual General Meeting) or (b) the issuer's 2026 Annual General Meeting, in each case subject to continued service through the vesting date.
• Filing timeliness: Report filed three days after the transaction date (May 26); the filing does not indicate a late-reporting label.

Context

• RSUs are a time‑based compensation award that convert into shares only when they vest; they do not represent an immediate cash purchase or sale and typically require continued service to vest.
• This filing reflects a grant of equity compensation to a director rather than insider buying/selling for investment or liquidity.