Credo CTO sells 3,790 shares at $170 each
Credo Technology’s CTO and director reported a modest open-market sale while retaining a large indirect position via a family trust.
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) reported that Chief Technology Officer and director Chi Fung Cheng sold 3,790 Ordinary Shares on September 4, 2026 at $170.00 per share in a sale characterized as an open-market or private transaction. No Rule 10b5-1 trading plan is reported for this sale.
After the transaction, Cheng holds 136,568 Ordinary Shares directly and 5,772,397 Ordinary Shares indirectly through the Cheng Huang Family Trust, where he and his spouse are trustees and family members are beneficiaries. He disclaims beneficial ownership of the trust shares except for his and his spouse's pecuniary interest.
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Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,790 | $170.00 | $644K |
| holding | Ordinary Shares F1 | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Rule 10b5-1 regulatory
beneficial ownership financial
pecuniary interest financial
indirect ownership financial
FAQ
What insider transaction did CRDO’s CTO report on this Form 4?
What is the size of the CTO’s indirect CRDO holdings through the family trust?
Does the CRDO Form 4 indicate trades under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.