Credo CTO-linked trust sells 27.5K shares
Credo Technology Group Holding Ltd reported that the Cheng Huang Family Trust, a trust associated with Chief Technology Officer Cheng Chi Fung, sold 27,500 Ordinary Shares of the company in open-market transactions on April 16, 2026.
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Rhea-AI Filing Summary
Credo Technology Group Holding Ltd reported that the Cheng Huang Family Trust, a trust associated with Chief Technology Officer Cheng Chi Fung, sold 27,500 Ordinary Shares of the company in open-market transactions on April 16, 2026.
The sales were executed in multiple trade blocks at reported weighted average prices, under a pre-arranged Rule 10b5-1 trading plan adopted by the trust on September 5, 2025. After these transactions, the trust continues to hold about 6,107,370 Ordinary Shares indirectly for the reporting person and family members.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 900 | $154.0967 | $139K |
| Sale | Ordinary Shares | 2,455 | $155.1548 | $381K |
| Sale | Ordinary Shares | 2,895 | $155.9972 | $452K |
| Sale | Ordinary Shares | 5,545 | $157.3302 | $872K |
| Sale | Ordinary Shares | 10,300 | $158.1992 | $1.63M |
| Sale | Ordinary Shares | 4,865 | $158.9436 | $773K |
| Sale | Ordinary Shares | 440 | $160.3673 | $71K |
| Sale | Ordinary Shares | 100 | $165.51 | $17K |
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 5, 2025.
- F2. This transaction was executed in multiple trades at prices ranging from $153.55 to $154.51. 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 $154.56 to $155.54. 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 $155.56 to $156.54. 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 $156.65 to $157.64. 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 $157.65 to $158.64. 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 $158.65 to $159.64. 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 $159.74 to $160.55. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
pecuniary interest financial
indirect ownership financial
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What insider transaction did Credo Technology (CRDO) disclose in this Form 4?
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