STOCK TITAN

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.

(Very High)
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Cheng Chi Fung
Role Chief Technology Officer
Sold 3,790 shs ($644K)
Type Security Shares Price Value
Sale Ordinary Shares 3,790 $170.00 $644K
holding Ordinary Shares F1 -- -- --
Holdings After Transaction: Ordinary Shares — 136,568 shares (Direct); Ordinary Shares — 5,772,397 shares (Indirect, Cheng Huang Family Trust)
Footnotes (1)
  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.
Shares sold 3,790 Ordinary Shares Sale reported for September 4, 2026
Sale price per share $170.00 per share Open-market or private transaction on September 4, 2026
Direct holdings after transaction 136,568 Ordinary Shares Direct ownership position following the reported sale
Indirect holdings via Cheng Huang Family Trust 5,772,397 Ordinary Shares Indirect ownership reported as of September 4, 2026
Net shares sold 3,790 Ordinary Shares Net share change across all reported transactions in this Form 4
Ordinary Shares financial
"reported selling 3,790 Ordinary Shares on September 4, 2026"
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.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this sale"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial ownership financial
"He disclaims beneficial ownership of the trust shares except for his"
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.
pecuniary interest financial
"except for his and his spouse's pecuniary interest in those shares"
indirect ownership financial
"held indirectly through the Cheng Huang Family Trust"

FAQ

What insider transaction did CRDO’s CTO report on this Form 4?

Chi Fung Cheng, Credo Technology Group’s Chief Technology Officer and director, reported selling 3,790 Ordinary Shares on September 4, 2026 at $170.00 per share in an open-market or private transaction.

How many CRDO shares does the CTO hold directly after this transaction?

Following the September 4, 2026 sale, Chi Fung Cheng directly holds 136,568 Ordinary Shares of Credo Technology Group Holding Ltd.

What is the size of the CTO’s indirect CRDO holdings through the family trust?

In addition to his direct holdings, Chi Fung Cheng is reported with 5,772,397 Ordinary Shares held indirectly through the Cheng Huang Family Trust, where he and his spouse are trustees and family members are beneficiaries.

Does the CRDO Form 4 indicate trades under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan is reported for the September 4, 2026 sale of 3,790 Ordinary Shares.

How does the insider describe beneficial ownership of CRDO shares in the family trust?

For the 5,772,397 Ordinary Shares held by the Cheng Huang Family Trust, Chi Fung Cheng disclaims beneficial ownership except to the extent of his and his spouse’s pecuniary interest in those shares.

What was the reported price per CRDO share in the insider sale?

The September 4, 2026 sale by Chi Fung Cheng was reported at $170.00 per Ordinary Share for the 3,790 shares sold.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares09/04/2026S3,790D$170136,568D
Ordinary Shares5,772,397ICheng Huang Family Trust(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ James Laufman, attorney-in-fact09/09/2026
** Signature of Reporting PersonDate
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)

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