Brennan William Joseph 4
4 · Credo Technology Group Holding Ltd · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Credo CEO Brennan Withholds 6,149 Shares for Taxes
What Happened Brennan William Joseph, CEO of Credo Technology Group (CRDO), had 6,149 shares withheld by the company to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs). The shares were valued at $241.91 each, for a total of $1,487,505. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-07-05
- Price per share: $241.91; total value withheld: $1,487,505
- Transaction type: F — shares withheld by issuer to satisfy tax withholding on vested RSUs
- Footnotes: F1 confirms shares withheld to satisfy tax withholding; F2 states the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest
- Filing: Report filed 2026-07-07 (appears timely based on the reported transaction date)
- Shares owned after transaction: Not specified in the provided filing excerpt
Context This was a routine, cashless-type tax withholding in connection with RSU vesting (issuer withheld shares rather than a separate cash payment). Such withholdings are common and generally considered administrative — they do not by themselves indicate a buy or sell signal about the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Ordinary Shares
[F1]2026-07-05$241.91/sh−6,149$1,487,505→ 366,480 total
- 1,767,502(indirect: By Trust)
Ordinary Shares
[F2]
Footnotes (2)
- [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.