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.
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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.
At what prices were Cheng Huang’s Credo Technology (CRDO) shares sold?
The reported ordinary share sales on December 15, 2025 were executed at weighted average prices ranging from $141.7683 to $147.3859 per share, each based on multiple individual trades within specified price ranges.
How many Credo Technology (CRDO) shares does Cheng Huang still beneficially own?
After the reported transactions, Cheng Huang reported indirect beneficial ownership of 6,558,961 ordinary shares of Credo Technology Group Holding Ltd, held by 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.
Were Cheng Huang’s Credo Technology (CRDO) share sales under a Rule 10b5-1 plan?
Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 6, 2024.
Who owns the Cheng Huang Family Trust that holds Credo Technology (CRDO) shares?
The Cheng Huang Family Trust holds the reported Credo ordinary shares. Cheng Huang and his spouse are trustees, and the beneficiaries are Huang, his spouse, and their children. Huang disclaims beneficial ownership except to the extent of his and his spouse’s pecuniary interest.
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.