Brennan William Joseph 4
4 · Credo Technology Group Holding Ltd · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Credo (CRDO) CEO William Brennan Gifts 7,500 Shares
What Happened
William (Will) Brennan, CEO of Credo Technology Group Holding Ltd (CRDO), reported a gift of 7,500 ordinary shares on June 15, 2026. The Form 4 lists the transaction as a gift (code G) with a reported price of $0.00 (disposition value $0). According to the filing, the shares were transferred from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (appears timely).
- Transaction type: Gift (G) — 7,500 shares disposed; price reported as $0.00.
- Shares owned after transaction: not specified in the provided summary.
- Footnotes: F1 — transfer was from The Brennan Family Trust to The Brennan Family Fund (charitable remainder trust); the reporting person does not share voting or investment power over the securities held by the trust. F2 — Brennan disclaims beneficial ownership except to the extent of any pecuniary interest.
- No indication of a 10b5-1 plan, tax withholding, option exercise, or immediate sale.
Context
Gifts to charitable trusts are common estate- and tax-planning moves and are not a direct market signal about the insider’s view of the stock. The filing disclaims voting and investment control over the recipient trust and limits Brennan’s beneficial ownership claim to any pecuniary interest.
Insider Transaction Report
- Gift
Ordinary Shares
[F1][F2]2026-06-15−7,500→ 1,767,502 total(indirect: By Trust)
- 347,652
Ordinary Shares
Footnotes (2)
- [F1]Represents a gift of 7,500 ordinary shares from The Brennan Family Trust to The Brennan Family Fund, a charitable remainder trust. The Reporting Person does not share any voting or investment power over the securities held by the trust.
- [F2]The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.