STOCK TITAN

Credo (NASDAQ: CRDO) COO Lam Yat Tung reports 7,000-share bona fide gift

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and COO Lam Yat Tung reported a bona fide gift of 7,000 Ordinary Shares. The gift, recorded on June 23, 2026, was executed at a stated price of $0.0000 per share, reflecting a non-cash, non-market transfer.

After the gift, Lam holds 2,646,969 Ordinary Shares directly. He is also shown with indirect holdings of 400,000 Ordinary Shares through Zhan BVI Co Ltd and 125,000 Ordinary Shares through EZ Trust, while disclaiming beneficial ownership except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

Filing shows a routine share gift with substantial holdings retained.

The Form 4 shows COO and director Lam Yat Tung making a bona fide gift of 7,000 Ordinary Shares on June 23, 2026. The transaction is coded “G,” which denotes a gift rather than a market sale or purchase.

After the gift, Lam still directly owns 2,646,969 Ordinary Shares, and the filing lists additional indirect positions of 400,000 shares via Zhan BVI Co Ltd and 125,000 shares via EZ Trust. Footnotes state he disclaims beneficial ownership of certain shares except for any pecuniary interest.

Because this is a non-cash transfer and represents a small portion of the reported overall holdings, it typically carries limited informational value about management’s view of the company. Subsequent filings may further clarify any changes in indirect ownership structures, but this entry alone appears administrative and routine.

Insider Lam Yat Tung
Role Chief Operating Officer
Type Security Shares Price Value
Gift Ordinary Shares 7,000 $0.00 --
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 2,646,969 shares (Direct, null); Ordinary Shares — 125,000 shares (Indirect, By EZ Trust)
Footnotes (1)
  1. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
Gifted shares 7,000 Ordinary Shares Bona fide gift on June 23, 2026
Direct holdings after transaction 2,646,969 Ordinary Shares Shares owned directly following gift
Indirect holdings via Zhan BVI Co Ltd 400,000 Ordinary Shares Indirect position reported in Form 4
Indirect holdings via EZ Trust 125,000 Ordinary Shares Indirect position reported in Form 4
Gift transactions count 1 transaction Gift-coded (G) entry in transaction summary
Gifted share total 7,000 shares GiftShares in transactionSummary
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirectly held shares financial
"The Reporting Person disclaims beneficial ownership of these indirectly held shares"
pecuniary interest financial
"except to the extent of any pecuniary interest therein"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership except to the extent"
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.
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Learn about SEC filing dates
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).
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*
Lam Yat Tung

(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 Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
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 Shares06/23/2026G7,000D$02,646,969D
Ordinary Shares125,000IBy EZ Trust(1)
Ordinary Shares400,000IBy Zhan BVI Co Ltd(2)
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 Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
2. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
Remarks:
/s/ James Laufman, attorney-in-fact06/25/2026
** 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)