Credo CEO William Brennan Disposes of Shares for Tax Withholding

Overview

On October 6, 2026, Credo Technology Group Holding Ltd ($CRDO) President and CEO William Joseph Brennan reported dispositions totaling 12,298 ordinary shares across two transactions to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs).

Transaction Details

• October 2, 2026: 6,149 ordinary shares were withheld at a price of $210.17 per share ($1,292,335.33 total value).
• October 5, 2026: 6,149 ordinary shares were withheld at a price of $218.64 per share ($1,344,417.36 total value).
• Total Disposition: 12,298 shares totaling approximately $2,636,752.69.

Holdings Analysis

Following these mandatory tax withholding transactions, Mr. Brennan directly owns 354,182 ordinary shares of Credo Technology Group Holding Ltd. Additionally, he retains substantial indirect ownership across trusts:

• 75,000 shares held via Laurie Brennan 2026 GRAT
• 75,000 shares held via William Brennan 2026 GRAT
• 1,600,830 shares held via The Brennan Family Trust, DTD 09/06/2002

Total beneficial ownership remains robust at over 2.1 million ordinary shares.

Market Significance

This filing carries Low market significance. The transactions were recorded under Code 'F' (shares withheld to cover tax liabilities associated with RSU settlement), representing mandatory dispositions rather than discretionary open-market sales.