Credo (CRDO) Chief Legal Officer James Laufman Sells 7,379 Shares

What Happened

• James Laufman, Chief Legal Officer and Secretary of Credo Technology Group (CRDO), had 7,379 shares withheld on 2026-08-19 to satisfy tax withholding obligations tied to the vesting/settlement of RSUs. The shares were reported disposed at an average price of $245.97 per share, for a total value of $1,815,013.

Key Details

• Transaction date: 2026-08-19; Filing date (Form 4): 2026-08-21 (timely).
• Price per share: $245.97; Total value of shares withheld: $1,815,013.
• Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
• Footnote F1: confirms issuer withheld shares to satisfy tax withholding on RSU vesting/settlement.
• Footnote F2: separately notes acquisition of 372 shares on 2026-06-30 via the company ESPP (purchase period Jan 1–July 1, 2026, at 85% of grant date FMV).
• Shares owned after the reported transaction: not specified in the provided excerpt (see the full Form 4 for total holdings).

Context

• This was a tax-withholding disposition (routine), not an open-market sale—commonly done to pay taxes owed upon RSU vesting and not necessarily a signal of insider sentiment. The filing also documents a small ESPP purchase earlier in 2026, which is a direct purchase rather than a market trade.