CTO trust trims Credo Technology Group (CRDO) stake via 10b5-1 sales

Q: How many Credo (CRDO) shares does the CTO-linked trust hold after the sale?

After the reported sales, the Cheng Huang Family Trust held approximately 6,162,370 ordinary shares of Credo indirectly. In addition, 108,786 ordinary shares were reported as held directly by Cheng Chi Fung , according to the holding entry in the Form 4 data.

Q: Was the Credo (CRDO) insider sale made under a Rule 10b5-1 plan?

Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025 . Such plans pre‑schedule trades, indicating the timing was set in advance rather than decided on the trade date.

Q: Who actually holds the Credo (CRDO) shares reported in this Form 4?

The sold and remaining indirect shares are held by the Cheng Huang Family Trust , where Cheng Chi Fung and his spouse are trustees and their family are beneficiaries. The Form 4 notes that he disclaims beneficial ownership except to the extent of their pecuniary interest.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd disclosed that the Cheng Huang Family Trust, an entity associated with Chief Technology Officer Cheng Chi Fung, sold a total of 27,500 ordinary shares on April 6, 2026.

The open‑market sales were executed in multiple trades under a pre‑arranged Rule 10b5-1 trading plan at prices ranging from about $101.54 to $106.21 per share. After these transactions, the family trust continued to hold about 6,162,370 ordinary shares indirectly, while Cheng Chi Fung also held 108,786 ordinary shares directly.

Insider Trade Summary 10b5-1

Net Seller: 27,500 shares ($2,837,844)

Net Sell 6 txns

Insider Cheng Chi Fung

Role Chief Technology Officer

Sold 27,500 shs ($2.84M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	6,419	$102.3281	$657K
Sale	Ordinary Shares	14,781	$103.1727	$1.52M
Sale	Ordinary Shares	4,901	$103.7626	$509K
Sale	Ordinary Shares	799	$104.932	$84K
Sale	Ordinary Shares	600	$106.0383	$64K
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 6,183,451 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 108,786 shares (Direct)

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 5, 2025. This transaction was executed in multiple trades at prices ranging from $101.54 to $102.53. 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 $102.54 to $103.53. 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 $103.54 to $104.53. 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 $104.60 to $105.57. 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 $105.64 to $106.21. 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.

Key Figures

Shares sold: 27,500 shares Sale price range: $101.54–$106.21 per share Weighted average sale price (largest tranche): $103.1727 per share +3 more

6 metrics

Shares sold 27,500 shares Total ordinary shares sold on April 6, 2026

Sale price range $101.54–$106.21 per share Price ranges from trade group footnotes

Weighted average sale price (largest tranche) $103.1727 per share Tranche of 14,781 ordinary shares

Indirect holdings after transactions 6,162,370 shares Ordinary shares held by Cheng Huang Family Trust after sales

Direct holdings 108,786 shares Ordinary shares held directly after reported transactions

Sell transactions count 5 transactions Open‑market sales of ordinary shares

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, ordinary shares, pecuniary interest, +2 more

6 terms

Rule 10b5-1 trading plan regulatory

"sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"

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."

ordinary shares financial

"Represents ordinary shares held by the Cheng Huang Family Trust"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

pecuniary interest financial

"disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein"

beneficial ownership regulatory

"The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest"

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.

family trust financial

"Represents ordinary shares held by the Cheng Huang Family Trust"

Form 4 Insider Transactions: What Each Field Means →

04/08/2026 - 03:44 PM

SEC Form 4

FORM 4

UNITED 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^*

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	04/06/2026		S⁽¹⁾		6,419	D	$102.3281⁽²⁾	6,183,451	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/06/2026		S⁽¹⁾		14,781	D	$103.1727⁽⁴⁾	6,168,670	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/06/2026		S⁽¹⁾		4,901	D	$103.7626⁽⁵⁾	6,163,769	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/06/2026		S⁽¹⁾		799	D	$104.932⁽⁶⁾	6,162,970	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/06/2026		S⁽¹⁾		600	D	$106.0383⁽⁷⁾	6,162,370	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares								108,786	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $101.54 to $102.53. 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 $102.54 to $103.53. 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 $103.54 to $104.53. 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 $104.60 to $105.57. 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 $105.64 to $106.21. 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.

Remarks:

	/s/ James Laufman, attorney-in-fact	04/08/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Credo (CRDO) report for Cheng Chi Fung?

Credo reported that the Cheng Huang Family Trust, associated with CTO Cheng Chi Fung, sold 27,500 ordinary shares in open‑market transactions. These trades occurred on April 6, 2026 and were executed under a pre‑arranged Rule 10b5-1 trading plan.

At what prices were the Credo (CRDO) shares sold in this Form 4?

The ordinary shares were sold in multiple trades at prices ranging from about $101.54 to $106.21 per share. Each Form 4 line shows a weighted average sale price, with footnotes describing the detailed price ranges for those grouped transactions.

How many Credo (CRDO) shares does the CTO-linked trust hold after the sale?

After the reported sales, the Cheng Huang Family Trust held approximately 6,162,370 ordinary shares of Credo indirectly. In addition, 108,786 ordinary shares were reported as held directly by Cheng Chi Fung, according to the holding entry in the Form 4 data.

Was the Credo (CRDO) insider sale made under a Rule 10b5-1 plan?

Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. Such plans pre‑schedule trades, indicating the timing was set in advance rather than decided on the trade date.

Who actually holds the Credo (CRDO) shares reported in this Form 4?

The sold and remaining indirect shares are held by the Cheng Huang Family Trust, where Cheng Chi Fung and his spouse are trustees and their family are beneficiaries. The Form 4 notes that he disclaims beneficial ownership except to the extent of their pecuniary interest.