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Credo Technology director Cheng sells $765K in shares

The notice also lists repeated 27,500-share sales by Cheng Huang Family Trust from July through September 2026.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd (CRDO) officer and director Lawrence Chi Fung Cheng reported a sale of 3,790 common shares on October 12, 2026, valued at $764,954.65. The notice lists 187,951,918 shares outstanding and also reports sales during the preceding three months by Cheng and Cheng Huang Family Trust.

Shares sold 3,790 common shares Reported for October 12, 2026
Aggregate market value $764,954.65 Sale reported for October 12, 2026
Shares outstanding 187,951,918 shares Issuer share count listed in the notice
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Restricted Stock Vesting Under a Registered Plan"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
registered plan financial
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CRDO shares did Lawrence Chi Fung Cheng sell?

Lawrence Chi Fung Cheng, an officer and director, reported selling 3,790 common shares on October 12, 2026, valued at $764,954.65.

How did Cheng acquire the CRDO shares listed for sale?

The notice lists 3,790 common shares acquired on October 5, 2025 through restricted stock vesting under a registered plan, and states “Services Rendered” as the nature of payment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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