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[Form 4] Credo Technology Group Holding Ltd Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Lam Yat Tung, Chief Operating Officer and a director of Credo Technology Group Holding Ltd (CRDO), reported an internal tax-withholding disposition of 3,174 ordinary shares on 09/01/2025 at a price of $123.06 under Code F(1), which the filing explains were withheld by the issuer to satisfy tax obligations from the vesting and settlement of RSUs. After that transaction the filing shows the reporting person beneficially owns 2,628,403 shares directly, and disclaims beneficial ownership of an additional 1,000,000 shares held indirectly by Zhan BVI Co Ltd and 125,000 shares held indirectly by EZ Trust except to the extent of any pecuniary interest. The form was signed by an attorney-in-fact on 09/03/2025.

Lam Yat Tung, Chief Operating Officer e amministratore di Credo Technology Group Holding Ltd (CRDO), ha segnalato una ritenuta fiscale interna di 3.174 azioni ordinarie il 01/09/2025 a un prezzo di $123,06 sotto il Codice F(1); la comunicazione specifica che le azioni sono state trattenute dall'emittente per adempiere agli obblighi fiscali derivanti dal vesting e dal regolamento delle RSU. Dopo tale operazione la segnalazione indica che la persona che presenta il rapporto possiede beneficiariamente 2.628.403 azioni direttamente e dichiara di non possedere beneficiariamente altre 1.000.000 di azioni detenute indirettamente da Zhan BVI Co Ltd e 125.000 azioni detenute indirettamente da EZ Trust, salvo eventuali interessi pecuniari. Il modulo è stato firmato tramite procuratore il 03/09/2025.

Lam Yat Tung, Director Ejecutivo de Operaciones y miembro del consejo de Credo Technology Group Holding Ltd (CRDO), informó una retención fiscal interna de 3.174 acciones ordinarias el 01/09/2025 a un precio de $123,06 bajo el Código F(1); la presentación aclara que las acciones fueron retenidas por el emisor para satisfacer obligaciones fiscales derivadas del vesting y la liquidación de las RSU. Tras esa operación, el informe muestra que la persona informante posee beneficiariamente 2.628.403 acciones directamente y renuncia a la propiedad beneficiaria de otras 1.000.000 de acciones mantenidas indirectamente por Zhan BVI Co Ltd y 125.000 acciones mantenidas indirectamente por EZ Trust, salvo en la medida de cualquier interés pecuniario. El formulario fue firmado por un apoderado el 03/09/2025.

Lam Yat Tung� Credo Technology Group Holding Ltd(CRDO)� 최고운영책임� � 이사로서, 2025-09-01� 코드 F(1)� 따라 내부 세금 원천징수� 3,174 보통�� 주당 $123.06� 처분했다� 보고했습니다. 신고서에� 해당 주식� RSU� 베스� � 정산에서 발생� 세금 의무� 충당하기 위해 발행사가 원천징수했다� 설명되어 있습니다. 해당 거래 이후 신고인은 2,628,403주를 직접적으� 유익 소유하고 있으�, Zhan BVI Co Ltd가 간접 보유� 1,000,000� � EZ Trust가 간접 보유� 125,000�� 대해서� 금전� 이익� 있는 범위� 제외하고 유익 소유권을 부인한다고 밝히� 있습니다. 양식은 2025-09-03� 대리인 권한으로 서명되었습니�.

Lam Yat Tung, directeur des opérations et administrateur de Credo Technology Group Holding Ltd (CRDO), a déclaré une opération de retenue fiscale interne de 3 174 actions ordinaires le 01/09/2025 au prix de 123,06 $ sous le code F(1). Le dépôt précise que ces actions ont été retenues par l'émetteur pour satisfaire des obligations fiscales liées au vesting et au règlement des RSU. Après cette transaction, le document indique que la personne déclarante possède bénévolement 2 628 403 actions directement et décline la propriété bénéficiaire d'un supplément de 1 000 000 d'actions détenues indirectement par Zhan BVI Co Ltd et de 125 000 actions détenues indirectement par EZ Trust, sauf dans la mesure d'un intérêt pécuniaire éventuel. Le formulaire a été signé par un mandataire le 03/09/2025.

Lam Yat Tung, Chief Operating Officer und Direktor von Credo Technology Group Holding Ltd (CRDO), meldete am 01.09.2025 unter Code F(1) eine interne Steuerabzugstransaktion von 3.174 Stammaktien zum Preis von $123,06. Die Einreichung erklärt, dass die Aktien vom Emittenten einbehalten wurden, um Steuerverpflichtungen aus dem Vesting und der Abrechnung von RSUs zu erfüllen. Nach dieser Transaktion weist die Meldung aus, dass die meldende Person 2.628.403 Aktien unmittelbar wirtschaftlich besitzt und die wirtschaftliche Eigentümerschaft an weiteren 1.000.000 Aktien, die indirekt von Zhan BVI Co Ltd gehalten werden, sowie 125.000 Aktien, die indirekt von EZ Trust gehalten werden, nur insoweit bestreitet, wie ein pecuniärer Interessensanteil besteht. Das Formular wurde am 03.09.2025 von einem Bevollmächtigten unterschrieben.

Positive
  • Substantial direct ownership retained: 2,628,403 shares remain directly held by the reporting person, demonstrating continued alignment with shareholders.
  • Disclosed tax-withholding on RSUs: 3,174 shares were withheld by the issuer to satisfy tax obligations, a routine and transparent post-vesting action.
Negative
  • None.

Insights

TL;DR Routine RSU tax withholding led to a small disposition; reporting person retains substantial direct ownership.

The Form 4 documents a common post-vesting mechanics: 3,174 shares were withheld to cover tax liabilities tied to RSU settlement, reported with transaction code F(1). The reported sale is not an open-market trade but an issuer withholding, so it does not signal active liquidation intent. Material ownership remains concentrated: 2.63 million shares directly and 1.125 million shares indirectly, indicating continued alignment with shareholders and potential influence on voting outcomes. No new derivative activity or additional dispositions are reported.

TL;DR Insider retained control after routine tax-related share withholding; disclosures appear complete and standard.

The filing shows appropriate disclosure of both direct and indirect holdings and the nature of the withheld shares. The Reporting Person disclaims beneficial ownership of the indirectly held positions except for any pecuniary interest, which is a standard governance disclosure. The attorney-in-fact signature is present and dated 09/03/2025, providing procedural completeness. There are no indications of additional governance issues or unexpected insider exits in this filing.

Lam Yat Tung, Chief Operating Officer e amministratore di Credo Technology Group Holding Ltd (CRDO), ha segnalato una ritenuta fiscale interna di 3.174 azioni ordinarie il 01/09/2025 a un prezzo di $123,06 sotto il Codice F(1); la comunicazione specifica che le azioni sono state trattenute dall'emittente per adempiere agli obblighi fiscali derivanti dal vesting e dal regolamento delle RSU. Dopo tale operazione la segnalazione indica che la persona che presenta il rapporto possiede beneficiariamente 2.628.403 azioni direttamente e dichiara di non possedere beneficiariamente altre 1.000.000 di azioni detenute indirettamente da Zhan BVI Co Ltd e 125.000 azioni detenute indirettamente da EZ Trust, salvo eventuali interessi pecuniari. Il modulo è stato firmato tramite procuratore il 03/09/2025.

Lam Yat Tung, Director Ejecutivo de Operaciones y miembro del consejo de Credo Technology Group Holding Ltd (CRDO), informó una retención fiscal interna de 3.174 acciones ordinarias el 01/09/2025 a un precio de $123,06 bajo el Código F(1); la presentación aclara que las acciones fueron retenidas por el emisor para satisfacer obligaciones fiscales derivadas del vesting y la liquidación de las RSU. Tras esa operación, el informe muestra que la persona informante posee beneficiariamente 2.628.403 acciones directamente y renuncia a la propiedad beneficiaria de otras 1.000.000 de acciones mantenidas indirectamente por Zhan BVI Co Ltd y 125.000 acciones mantenidas indirectamente por EZ Trust, salvo en la medida de cualquier interés pecuniario. El formulario fue firmado por un apoderado el 03/09/2025.

Lam Yat Tung� Credo Technology Group Holding Ltd(CRDO)� 최고운영책임� � 이사로서, 2025-09-01� 코드 F(1)� 따라 내부 세금 원천징수� 3,174 보통�� 주당 $123.06� 처분했다� 보고했습니다. 신고서에� 해당 주식� RSU� 베스� � 정산에서 발생� 세금 의무� 충당하기 위해 발행사가 원천징수했다� 설명되어 있습니다. 해당 거래 이후 신고인은 2,628,403주를 직접적으� 유익 소유하고 있으�, Zhan BVI Co Ltd가 간접 보유� 1,000,000� � EZ Trust가 간접 보유� 125,000�� 대해서� 금전� 이익� 있는 범위� 제외하고 유익 소유권을 부인한다고 밝히� 있습니다. 양식은 2025-09-03� 대리인 권한으로 서명되었습니�.

Lam Yat Tung, directeur des opérations et administrateur de Credo Technology Group Holding Ltd (CRDO), a déclaré une opération de retenue fiscale interne de 3 174 actions ordinaires le 01/09/2025 au prix de 123,06 $ sous le code F(1). Le dépôt précise que ces actions ont été retenues par l'émetteur pour satisfaire des obligations fiscales liées au vesting et au règlement des RSU. Après cette transaction, le document indique que la personne déclarante possède bénévolement 2 628 403 actions directement et décline la propriété bénéficiaire d'un supplément de 1 000 000 d'actions détenues indirectement par Zhan BVI Co Ltd et de 125 000 actions détenues indirectement par EZ Trust, sauf dans la mesure d'un intérêt pécuniaire éventuel. Le formulaire a été signé par un mandataire le 03/09/2025.

Lam Yat Tung, Chief Operating Officer und Direktor von Credo Technology Group Holding Ltd (CRDO), meldete am 01.09.2025 unter Code F(1) eine interne Steuerabzugstransaktion von 3.174 Stammaktien zum Preis von $123,06. Die Einreichung erklärt, dass die Aktien vom Emittenten einbehalten wurden, um Steuerverpflichtungen aus dem Vesting und der Abrechnung von RSUs zu erfüllen. Nach dieser Transaktion weist die Meldung aus, dass die meldende Person 2.628.403 Aktien unmittelbar wirtschaftlich besitzt und die wirtschaftliche Eigentümerschaft an weiteren 1.000.000 Aktien, die indirekt von Zhan BVI Co Ltd gehalten werden, sowie 125.000 Aktien, die indirekt von EZ Trust gehalten werden, nur insoweit bestreitet, wie ein pecuniärer Interessensanteil besteht. Das Formular wurde am 03.09.2025 von einem Bevollmächtigten unterschrieben.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lam Yat Tung

(Last) (First) (Middle)
110 RIO ROBLES

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Credo Technology Group Holding Ltd [ CRDO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 09/01/2025 F(1) 3,174 D $123.06 2,628,403 D
Ordinary Shares 1,000,000 I By Zhan BVI Co Ltd(2)
Ordinary Shares 125,000 I By EZ Trust(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
2. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
3. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
Remarks:
/s/ James Laufman, attorney-in-fact 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Lam Yat Tung report on the Form 4 for CRDO?

The Form 4 reports that 3,174 ordinary shares were withheld by the issuer on 09/01/2025 at $123.06 to satisfy tax withholding from RSU vesting.

How many Credo (CRDO) shares does Lam Yat Tung beneficially own after the reported transaction?

The filing shows 2,628,403 shares directly beneficially owned, plus 1,000,000 indirectly via Zhan BVI Co Ltd and 125,000 indirectly via EZ Trust.

Was the reported disposition an open-market sale or an issuer withholding for taxes?

It was an issuer withholding to satisfy tax obligations related to RSU settlement, reported under transaction code F(1).

Does the Form 4 show any derivative transactions for CRDO by the reporting person?

No. Table II in the filing contains no reported derivative transactions; only non-derivative ordinary share holdings and the withholding event are disclosed.

Who signed the Form 4 for Lam Yat Tung and when?

The form was signed by James Laufman, attorney-in-fact on 09/03/2025.
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