CRDO insider sales reported; indirect ownership at 6,778,961 shares
Rhea-AI Filing Summary
Credo Technology Group (CRDO) reported insider transactions by its Chief Technology Officer and director, Cheng Huang. On 10/13/2025, the Cheng Huang Family Trust (indirect ownership) executed a series of share sales under a Rule 10b5-1 trading plan adopted on September 6, 2024. The filing lists multiple trades with weighted average sale prices including $144.3635, $145.5013, $146.6019, $147.5586, $148.5351, $149.7078, and $150.1293, with individual trades executed within stated price ranges.
Following the reported transactions, 6,778,961 ordinary shares were beneficially owned indirectly by the Cheng Huang Family Trust. The filing notes the reporting person and spouse serve as trustees, with the family as beneficiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,201 | $144.3635 | $318K |
| Sale | Ordinary Shares | 1,500 | $145.5013 | $218K |
| Sale | Ordinary Shares | 6,941 | $146.6019 | $1.02M |
| Sale | Ordinary Shares | 16,168 | $147.5586 | $2.39M |
| Sale | Ordinary Shares | 13,351 | $148.5351 | $1.98M |
| Sale | Ordinary Shares | 13,133 | $149.7078 | $1.97M |
| Sale | Ordinary Shares | 1,706 | $150.1293 | $256K |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (9)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 6, 2024.
- F2. This transaction was executed in multiple trades at prices ranging from $143.85 to $144.74. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. Represents ordinary shares held by the Cheng Huang Family Trust of which the Reporting Person and his spouse are trustees and the Reporting Person, his spouse and their children are beneficiaries. The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein. The full name of the trust is the Cheng Huang Family Trust U/T/A DTD 12/22/2003.
- F4. This transaction was executed in multiple trades at prices ranging from $145.04 to $145.86. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5. This transaction was executed in multiple trades at prices ranging from $146.04 to $147.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6. This transaction was executed in multiple trades at prices ranging from $147.04 to $148.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F7. This transaction was executed in multiple trades at prices ranging from $148.04 to $149.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F8. This transaction was executed in multiple trades at prices ranging from $149.05 to $150.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F9. This transaction was executed in multiple trades at prices ranging from $150.05 to $150.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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