Credo CTO-linked trust sells 27,500 shares
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| 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 | -- | -- | -- |
Footnotes (7)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
pecuniary interest financial
beneficial ownership regulatory
family trust financial
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