Fleming Daniel W. 4

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.