Credo COO Yat Tung Lam sells 50,000 shares
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Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) Chief Operating Officer and director Yat Tung Lam reported selling 50,000 ordinary shares on October 1, 2026, at a weighted average price of $205.2175 per share; the sale was made under a Rule 10b5-1 trading plan adopted April 15, 2026. On October 2, 3,180 shares were withheld by the issuer for tax obligations tied to RSU vesting and settlement. Separately, Lam’s spouse gifted 75,000 shares to the JL Trust, where Lam is trustee; the trust’s reported post-transfer holding was 75,000 shares.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F5 | 3,180 | $210.17 | $668K |
| Sale | Ordinary Shares F3, F4 | 50,000 | $205.2175 | $10.26M |
| Gift | Ordinary Shares F1 | 75,000 | $0.00 | $0.00 |
| Gift | Ordinary Shares F1, F2 | 75,000 | $0.00 | $0.00 |
| holding | Ordinary Shares F2 | -- | -- | -- |
| holding | Ordinary Shares F6 | -- | -- | -- |
| holding | Ordinary Shares F2 | -- | -- | -- |
Footnotes (6)
- F1. Represents a gift of 75,000 ordinary shares by the Reporting Person's spouse to the JL Trust, a spousal lifetime access trust, for which the Reporting Person is the trustee.
- F2. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
- F3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2026.
- F4. This transaction was executed in multiple trades at prices ranging from $205.00 to $205.76. 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. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- F6. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
Key Figures
Key Terms
Rule 10b5-1 trading plan financial
weighted average sale price financial
tax withholding obligations financial
RSUs financial
spousal lifetime access trust financial
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