Credo Technology Director Fariba Danesh Receives Annual RSU Equity Grant

Overview

On October 14, 2026, Credo Technology Group Holding Ltd ($CRDO) filed a Form 4 disclosing that Director Fariba Danesh received an equity award on October 13, 2026. The transaction involved the acquisition of 1,222 Ordinary Shares in the form of restricted stock units (RSUs) granted at zero cost ($0.00 per share).

Transaction Details

• Insider: Fariba Danesh, Director
• Security: Ordinary Shares
• Transaction Code: A (Grant, award, or other acquisition)
• Shares Acquired: 1,222
• Price Per Share: $0.00
• Total Value: $0.00
• Vesting Terms: According to footnote 1, the RSUs represent an annual director grant that will fully vest on the earlier of the one-year anniversary of the vesting commencement date (the day after the 2026 Annual General Meeting) or the date of the 2027 Annual General Meeting, subject to continued board service.
• Direct Holdings Following Transaction: 8,239 shares

Market and Trading Significance

This transaction reflects routine, non-discretionary director equity compensation and does not involve open-market purchasing or selling. Consequently, it carries Low trading significance for market participants.