Credo Technology CFO Daniel W. Fleming Sells $1.61M Under 10b5-1 Plan

Executive Summary

On October 13, 2026, Credo Technology Group Holding Ltd ($CRDO) Chief Financial Officer Daniel W. Fleming filed a Form 4 reporting the open-market sale of 7,580 ordinary shares conducted on October 8, 2026. The sales were completed in five separate weighted-average tranches at prices ranging between $210.77 and $215.56 per share, generating aggregate proceeds of approximately $1.61 million.

Transaction Details

• Date of Transaction: October 8, 2026
• Filing Date: October 13, 2026
• Security: Ordinary Shares
• Aggregate Volume Sold: 7,580 shares
• Tranche Breakdown:
  • 1,687 shares at a weighted-average price of $211.284 ($210.77–$211.66)
  • 1,711 shares at a weighted-average price of $212.2022 ($211.91–$212.74)
  • 2,222 shares at a weighted-average price of $213.0990 ($212.77–$213.70)
  • 1,072 shares at a weighted-average price of $214.3878 ($213.80–$214.68)
  • 888 shares at a weighted-average price of $215.0759 ($214.77–$215.56)
• Overall Weighted Average Price: ~$212.91
• Gross Proceeds: $1,613,831.17
• Post-Transaction Beneficial Ownership: 492,208 ordinary shares (held directly)

Governance & Market Significance

• Rule 10b5-1 Plan: The sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by Mr. Fleming on January 12, 2026, satisfying the required cooling-off period under SEC regulations.
• Significance Assessment: Low. The disposition represents approximately 1.5% of Mr. Fleming's pre-transaction direct holdings (499,788 shares). With substantial equity retained (492,208 shares valued at over $100M at current market levels), the automated nature and modest scale of the sale suggest standard programmatic liquidity rather than a shift in executive conviction.