Credo Technology COO Lam Yat Tung Disposes of Shares to Satisfy Tax Obligations

Executive Summary

On October 7, 2026, Credo Technology Group Holding Ltd ($CRDO) filed a Form 4 on behalf of Lam Yat Tung, the company's Chief Operating Officer and Director. The filing reports a transaction dated October 5, 2026, involving the withholding of 3,180 ordinary shares to satisfy tax withholding obligations triggered by the vesting and settlement of restricted stock units (RSUs).

Transaction Details

• Security: Ordinary Shares
• Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
• Shares Transacted: 3,180 shares disposed
• Price per Share: $218.64
• Total Disposition Value: $695,275.20
• Post-Transaction Direct Ownership: 2,247,809 shares
• Indirect Ownership: 550,000 shares across various entities (250,000 via Zhan BVI Co Ltd, 125,000 via EZ Trust, 100,000 via Lam GRAT 2026, and 75,000 via JL Trust)

Market and Trading Assessment

The reported disposition is categorized as Low Significance. The transaction was executed under Transaction Code F, denoting shares withheld by the issuer strictly for statutory tax liabilities following RSU vesting. This does not represent an open-market, discretionary sale and should not be viewed as an indicator of executive sentiment regarding the company's future prospects. The reporting owner continues to retain substantial direct and indirect equity exposure in the issuer.