Credo Technology Group CEO Sells $2.53M in Ordinary Shares via Rule 10b5-1 Plan

Executive Summary

On September 16, 2026, Credo Technology Group Holding Ltd ($CRDO) President & Chief Executive Officer William Joseph Brennan filed a Form 4 disclosing the sale of 16,672 Ordinary Shares on September 14, 2026. The sales generated aggregate proceeds of approximately $2,532,208.86 at a weighted average price of roughly $151.88 per share.

Transaction Details

The sales were executed across four tranches under indirect ownership via The Brennan Family Trust, DTD 09/06/2002:

1. 3,984 shares at a weighted average price of $150.3949 (range: $150.00 – $150.94)
2. 4,675 shares at a weighted average price of $151.5354 (range: $151.01 – $151.99)
3. 5,013 shares at a weighted average price of $152.4914 (range: $152.00 – $152.99)
4. 3,000 shares at a weighted average price of $153.3894 (range: $153.00 – $153.99)

Context & Remaining Position

• 10b5-1 Trading Plan: The sales were conducted pursuant to a pre-arranged Rule 10b5-1 trading plan established on June 10, 2026.
• Remaining Holdings: Following the transaction, Mr. Brennan continues to retain substantial ownership in the company:
  • 1,600,830 shares indirectly held via The Brennan Family Trust
  • 75,000 shares indirectly held via William Brennan 2026 GRAT
  • 75,000 shares indirectly held via Laurie Brennan 2026 GRAT
  • 366,480 shares held directly
  • Total Holdings: 2,117,310 shares

The 16,672 shares sold represent less than 1% of Mr. Brennan's total reported equity interest, indicating routine portfolio management and diversification under a pre-scheduled trading plan.