STOCK TITAN

CTO family trust sells Credo (CRDO) shares in 27,500-share plan trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and Chief Technology Officer Cheng Chi Fung reported that the Cheng Huang Family Trust executed open-market sales totaling 27,500 ordinary shares on March 31, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on September 5, 2025.

The sales were completed in multiple trades at weighted average prices ranging from about $88 to $94 per share. Following these transactions, the trust held 6,198,870 ordinary shares, and Cheng Chi Fung also held 111,220 ordinary shares directly.

Positive

  • None.

Negative

  • None.
Insider Cheng Chi Fung
Role Chief Technology Officer
Sold 27,500 shs ($2.51M)
Type Security Shares Price Value
Sale Ordinary Shares 4,500 $88.8746 $400K
Sale Ordinary Shares 6,071 $89.6936 $545K
Sale Ordinary Shares 3,415 $90.6814 $310K
Sale Ordinary Shares 4,200 $91.8463 $386K
Sale Ordinary Shares 2,200 $92.6241 $204K
Sale Ordinary Shares 7,114 $93.6934 $667K
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 6,212,870 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 111,220 shares (Direct)
Footnotes (1)
  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 5, 2025. This transaction was executed in multiple trades at prices ranging from $88.22 to $89.21. 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 $89.27 to $90.25. 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. This transaction was executed in multiple trades at prices ranging from $90.27 to $91.26. 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 $91.35 to $92.30. 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 $92.35 to $93.06. 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 $93.38 to $94.07. 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.
Shares sold 27,500 shares Open-market sales on March 31, 2026
Price range $88.22–$94.07 per share Multiple trades on March 31, 2026
Trust holdings after sale 6,198,870 shares Ordinary shares held by Cheng Huang Family Trust after transactions
Direct holdings 111,220 shares Ordinary shares held directly after reported transactions
Net share direction -27,500 shares Net-sell from transaction summary
Sell transactions 6 transactions Non-derivative open-market sales on March 31, 2026
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cheng Chi Fung

(Last)(First)(Middle)
110 RIO ROBLES

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Credo Technology Group Holding Ltd [ CRDO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares03/31/2026S(1)4,500D$88.8746(2)6,212,870ICheng Huang Family Trust(3)
Ordinary Shares03/31/2026S(1)6,071D$89.6936(4)6,206,799ICheng Huang Family Trust(3)
Ordinary Shares03/31/2026S(1)3,415D$90.6814(5)6,203,384ICheng Huang Family Trust(3)
Ordinary Shares03/31/2026S(1)4,200D$91.8463(6)6,199,184ICheng Huang Family Trust(3)
Ordinary Shares03/31/2026S(1)2,200D$92.6241(7)6,196,984ICheng Huang Family Trust(3)
Ordinary Shares03/31/2026S(1)7,114D$93.6934(8)6,189,870ICheng Huang Family Trust(3)
Ordinary Shares111,220D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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 5, 2025.
2. This transaction was executed in multiple trades at prices ranging from $88.22 to $89.21. 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.
3. 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.
4. This transaction was executed in multiple trades at prices ranging from $89.27 to $90.25. 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.
5. This transaction was executed in multiple trades at prices ranging from $90.27 to $91.26. 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.
6. This transaction was executed in multiple trades at prices ranging from $91.35 to $92.30. 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.
7. This transaction was executed in multiple trades at prices ranging from $92.35 to $93.06. 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.
8. This transaction was executed in multiple trades at prices ranging from $93.38 to $94.07. 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.
Remarks:
/s/ James Laufman, attorney-in-fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Credo (CRDO) report for March 31, 2026?

Credo reported that the Cheng Huang Family Trust sold 27,500 ordinary shares on March 31, 2026. These were open-market sales executed in multiple trades at various prices around the high-$80s to low-$90s per share.

Who executed the recent Credo (CRDO) share sales disclosed in the Form 4?

The sales were executed by the Cheng Huang Family Trust, a trust associated with director and CTO Cheng Chi Fung. The trust holds Credo ordinary shares for the reporting person, his spouse, and their children as beneficiaries.

How many Credo (CRDO) shares does the Cheng Huang Family Trust hold after the sales?

After selling 27,500 ordinary shares, the Cheng Huang Family Trust held 6,198,870 Credo ordinary shares. In addition, the Form 4 shows 111,220 ordinary shares held directly by Cheng Chi Fung outside the trust.

At what prices were the Credo (CRDO) insider sales carried out on March 31, 2026?

The transactions were executed in multiple trades at prices ranging from about $88.22 to $94.07 per share. The Form 4 reports a weighted average sale price for each transaction line rather than each individual trade.

Were the Credo (CRDO) insider sales part of a Rule 10b5-1 trading plan?

Yes. The Form 4 states that the sales were made under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. Such plans pre-schedule trades, reducing the significance of their timing.

Does the Credo (CRDO) Form 4 indicate beneficial ownership through a family trust?

Yes. The filing explains that shares are held by the Cheng Huang Family Trust, where Cheng Chi Fung and his spouse are trustees and their family are beneficiaries. He disclaims beneficial ownership beyond his and his spouse’s pecuniary interest.