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Credo Technology trust proposes $38.7M share sale

The notice lists October 13, 2026 as the approximate sale date and Morgan Stanley Smith Barney LLC as broker.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd (CRDO) is the issuer for Cheng Huang Family Trust’s proposed sale of 192,500 common shares, with an aggregate market value of $38,661,700.00. The approximate sale date is October 13, 2026, and Morgan Stanley Smith Barney LLC is listed as broker. Earlier reported sales include 27,500 common shares on October 6, 2026, with a reported value of $6,090,653.25 and marked as a 10b5-1 sale. Chi Fung Cheng signed the notice.

Proposed shares for sale 192,500 common shares Cheng Huang Family Trust
Aggregate market value $38,661,700.00 Proposed sale
Shares outstanding 187,951,918 shares As reported in the notice
October 6 reported sale 27,500 common shares Cheng Huang Family Trust
Reported value of October 6 sale $6,090,653.25 Cheng Huang Family Trust
10b5-1 Sales regulatory
"10b5-1 Sales for CHENG HUANG FAMILY TRUST"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Founders Shares financial
"Founders Shares | Issuer"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
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.

FAQ

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

How many CRDO shares is Cheng Huang Family Trust proposing to sell?

Cheng Huang Family Trust lists 192,500 common shares for sale, with an aggregate market value of $38,661,700.00. The approximate sale date is October 13, 2026.

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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