Credo Technology (CRDO) CTO and director discloses family trust share sales
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd insider Cheng Huang, a director and Chief Technology Officer, reported multiple sales of ordinary shares on December 15, 2025. The sales were made indirectly through the Cheng Huang Family Trust, which is controlled by Huang and his spouse as trustees and benefits their family. Each sale was reported as a disposition of shares at weighted average prices ranging from $141.7683 to $147.3859 per share, executed in multiple trades within specified price ranges.
The filing notes that these transactions were carried out under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 6, 2024. After the reported transactions, Huang reported indirect beneficial ownership of 6,558,961 ordinary shares held by the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 10,160 | $141.7683 | $1.44M |
| Sale | Ordinary Shares | 7,843 | $142.8384 | $1.12M |
| Sale | Ordinary Shares | 10,192 | $143.609 | $1.46M |
| Sale | Ordinary Shares | 15,264 | $144.752 | $2.21M |
| Sale | Ordinary Shares | 8,716 | $145.5597 | $1.27M |
| Sale | Ordinary Shares | 2,448 | $146.5079 | $359K |
| Sale | Ordinary Shares | 377 | $147.3859 | $56K |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- 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. This transaction was executed in multiple trades at prices ranging from $141.16 to $142.11. 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. 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. This transaction was executed in multiple trades at prices ranging from $142.17 to $143.16. 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. This transaction was executed in multiple trades at prices ranging from $143.17 to $144.16. 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. This transaction was executed in multiple trades at prices ranging from $144.21 to $145.20. 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. This transaction was executed in multiple trades at prices ranging from $145.21 to $146.20. 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. This transaction was executed in multiple trades at prices ranging from $146.21 to $147.05. 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. This transaction was executed in multiple trades at prices ranging from $147.23 to $147.52. 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.
FAQ
What insider transaction did Credo Technology (CRDO) report in this Form 4?
The Form 4 reports that Cheng Huang, a director and Chief Technology Officer of Credo Technology Group Holding Ltd, sold ordinary shares on December 15, 2025 through the Cheng Huang Family Trust.
What is the relationship between Cheng Huang and Credo Technology Group Holding Ltd (CRDO)?
Cheng Huang is a director and an officer of Credo Technology Group Holding Ltd, serving as the company’s Chief Technology Officer.
How were the Credo Technology (CRDO) trades structured on December 15, 2025?
Each reported transaction was executed in multiple trades within stated price ranges. The Form 4 lists a weighted average sale price for each group of trades and notes that full trade details are available upon request to the reporting person.