Fleming Daniel W. 4
4 · Credo Technology Group Holding Ltd · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Credo (CRDO) CFO Daniel Fleming Sells 40,000 Shares
What Happened
Daniel W. Fleming, Chief Financial Officer of Credo Technology Group (CRDO), disposed of a total of 51,805 shares in mid-June 2026. On 2026-06-10, 11,805 shares were withheld by the issuer to satisfy tax-withholding on RSU vesting (valued at $2,805,812). On 2026-06-11 he sold 40,000 shares in open-market trades for aggregate proceeds of $9,979,283 (various execution prices listed below). These are sales (not purchases) and appear to be routine monetizations rather than new purchases.
Key Details
- Transaction dates: 2026-06-10 (tax withholding on RSUs) and 2026-06-11 (open-market sales).
- Open-market sales: 40,000 shares, weighted-average prices per reported lots, aggregate proceeds $9,979,283.
- Tax-withheld shares: 11,805 shares withheld at $237.68 each, value $2,805,812 (to satisfy tax obligations on RSU settlement).
- Total shares disposed in this filing: 51,805; total value ≈ $12,785,095.
- Multiple-trade note: Several sale lots were executed in multiple trades at price ranges (see footnotes F3–F13); the filing reports weighted-average prices and the filer offers to provide detailed trade breakdowns on request.
- 10b5-1 plan: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 12, 2026 (footnote F2).
- Filing timeliness: Form 4 filed 2026-06-15 for transactions on 2026-06-10 and 2026-06-11 — the filing date is within the typical two business-day window and no late filing flag is indicated.
- Shares owned after the transactions: Not disclosed in the provided filing details.
Context
- The 11,805-share item is a tax-withholding (F) related to RSU vesting/settlement (a cashless-like transaction where the issuer withholds shares to cover taxes), not an independent sale for proceeds to the insider.
- The 40,000-share sales (S) were executed under a pre-established 10b5-1 plan, which typically indicates pre-planned, automated selling rather than ad-hoc insider trading based on contemporaneous nonpublic information.
- For retail investors: purchases by insiders are generally more informative about confidence; sales often represent liquidity needs, tax obligations, or pre-planned dispositions — this filing contains both a tax-related withholding and 10b5-1 open-market sales.
Insider Transaction Report
Form 4
Fleming Daniel W.
Chief Financial Officer
Transactions
- Tax Payment
Ordinary Shares
[F1]2026-06-10$237.68/sh−11,805$2,805,812→ 541,873 total - Sale
Ordinary Shares
[F2][F3]2026-06-11$242.50/sh−868$210,493→ 541,005 total - Sale
Ordinary Shares
[F2][F4]2026-06-11$243.49/sh−1,151$280,253→ 539,854 total - Sale
Ordinary Shares
[F2][F5]2026-06-11$244.56/sh−1,496$365,869→ 538,358 total - Sale
Ordinary Shares
[F2][F6]2026-06-11$245.49/sh−564$138,456→ 537,794 total - Sale
Ordinary Shares
[F2][F7]2026-06-11$246.49/sh−1,280$315,506→ 536,514 total - Sale
Ordinary Shares
[F2][F8]2026-06-11$247.66/sh−1,265$313,286→ 535,249 total - Sale
Ordinary Shares
[F2][F9]2026-06-11$248.51/sh−4,588$1,140,168→ 530,661 total - Sale
Ordinary Shares
[F2][F10]2026-06-11$249.55/sh−6,745$1,683,210→ 523,916 total - Sale
Ordinary Shares
[F2][F11]2026-06-11$250.31/sh−12,092$3,026,739→ 511,824 total - Sale
Ordinary Shares
[F2][F12]2026-06-11$251.51/sh−6,984$1,756,521→ 504,840 total - Sale
Ordinary Shares
[F2][F13]2026-06-11$252.37/sh−2,967$748,782→ 501,873 total
Footnotes (13)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- [F10]This transaction was executed in multiple trades at prices ranging from $249.03 to $250.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F11]This transaction was executed in multiple trades at prices ranging from $250.02 to $251.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F12]This transaction was executed in multiple trades at prices ranging from $251.02 to $252.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F13]This transaction was executed in multiple trades at prices ranging from $252.03 to $252.97. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 12, 2026.
- [F3]This transaction was executed in multiple trades at prices ranging from $242.02 to $242.88. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]This transaction was executed in multiple trades at prices ranging from $243.07 to $243.92. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]This transaction was executed in multiple trades at prices ranging from $244.03 to $245.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F6]This transaction was executed in multiple trades at prices ranging from $245.04 to $245.83. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F7]This transaction was executed in multiple trades at prices ranging from $246.19 to $247.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F8]This transaction was executed in multiple trades at prices ranging from $247.05 to $248.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F9]This transaction was executed in multiple trades at prices ranging from $248.03 to $249.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Signature
/s/ James Laufman, attorney-in-fact|2026-06-15