Family trust tied to Credo (CRDO) CTO sells 30,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd insider activity: A family trust associated with Chief Technology Officer and director Cheng Chi Fung reported selling an aggregate of 30,000 ordinary shares of CRDO on January 22, 2026. The Cheng Huang Family Trust executed multiple open-market sales under a pre-established Rule 10b5-1 trading plan adopted on September 5, 2025, at weighted average prices ranging from $133.1482 to $143.54 per share.
Following these transactions, the trust held 6,327,370 ordinary shares, reported as indirectly owned, while an additional 111,220 ordinary shares were reported as directly owned. The filing notes that the shares held by the trust are for the benefit of Cheng Chi Fung, his spouse and their children, and states that he disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,000 shares ($4,089,941)
Net Sell
12 txns
Insider
Cheng Chi Fung
Role
Chief Technology Officer
Sold
30,000 shs ($4.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,400 | $133.1482 | $186K |
| Sale | Ordinary Shares | 5,024 | $134.0747 | $674K |
| Sale | Ordinary Shares | 6,239 | $135.0691 | $843K |
| Sale | Ordinary Shares | 5,038 | $136.2428 | $686K |
| Sale | Ordinary Shares | 5,744 | $137.149 | $788K |
| Sale | Ordinary Shares | 3,928 | $138.285 | $543K |
| Sale | Ordinary Shares | 700 | $138.9143 | $97K |
| Sale | Ordinary Shares | 700 | $140.2086 | $98K |
| Sale | Ordinary Shares | 427 | $140.9623 | $60K |
| Sale | Ordinary Shares | 500 | $142.498 | $71K |
| Sale | Ordinary Shares | 300 | $143.54 | $43K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 6,355,970 shares (Indirect, Cheng Huang Family Trust);
Ordinary Shares — 111,220 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 $132.61 to $133.56. 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 $133.63 to $134.60. 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 $134.70 to $135.69. 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 $135.71 to $136.70. 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 $136.75 to $137.73. 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 $137.77 to $138.68. 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 $138.78 to $139.06. 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 $139.86 to $140.45. 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 $140.87 to $141.33. 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 $141.93 to $142.88. 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 $143.23 to $143.81. 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.
