Fleming Daniel W. 4
4 · Credo Technology Group Holding Ltd · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Credo (CRDO) CFO Daniel W. Fleming Withholds 2,460 Shares for Taxes
What Happened
Daniel W. Fleming, Chief Financial Officer of Credo Technology Group (CRDO), had 2,460 restricted stock units (RSUs) withheld to satisfy tax withholding obligations in connection with vesting/settlement. The withholding was recorded at $241.91 per share, for a total value of $595,099. This was a tax-withholding share disposition rather than an open-market sale or a purchase.
Key Details
- Transaction date: 2026-07-05
- Filing date: 2026-07-07 (filed within the normal reporting window)
- Transaction type/code: F — payment of exercise price or tax liability via share withholding
- Shares withheld/disposed: 2,460 shares at $241.91 per share — total value $595,099
- Shares owned following the transaction: not provided in the information supplied
- Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting and settlement of RSUs
Context
This is a routine tax-withholding event tied to RSU vesting (a cashless-type settlement), not an open-market sale that would signal a decision to realize proceeds. Such withholdings are common and typically reflect tax requirements rather than an insider's trading sentiment. Purchases or open-market sales by insiders tend to be more informative about conviction, while withholding for taxes is generally procedural.
Insider Transaction Report
- Tax Payment
Ordinary Shares
[F1]2026-07-05$241.91/sh−2,460$595,099→ 512,288 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.