Brennan William Joseph 4

What Happened

William Brennan, Chief Executive Officer of Credo Technology Group (CRDO), had 19,675 shares withheld by the company to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units (RSUs). The withholding is reported as a disposition of 19,675 shares at $237.68 per share, totaling $4,676,354. This is a routine tax-withholding event (not an open-market sale).

Key Details

• Transaction date: 2026-06-10
• Report filed: 2026-06-15 (appears to be filed 5 days after the transaction) — filing timeliness may be late.
• Shares withheld/disposed: 19,675
• Price per share: $237.68
• Total value: $4,676,354
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes from the filing:
  • F1: Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
  • F2: The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Context

This was a cashless tax-withholding on RSU vesting (issuer withheld shares to cover taxes), which is an administrative disposition rather than a market sale signaling insider sentiment. Such withholdings are common and do not necessarily indicate buying or selling preference by the insider.