STOCK TITAN

Cheng Chi Fung trust sells 27,500 Credo (CRDO) shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and CTO Cheng Chi Fung reported pre-planned share sales executed by the Cheng Huang Family Trust. On June 30, 2026, the trust sold a total of 27,500 ordinary shares of Credo in 21 open-market transactions under a Rule 10b5-1 trading plan adopted on September 5, 2025. Sale prices were reported as weighted averages from trade ranges generally between about $244.80 and $275.32 per share. Following these transactions, the Cheng Huang Family Trust held 5,937,170 ordinary shares, while Cheng Chi Fung also directly held 146,608 ordinary shares.

Positive

  • None.

Negative

  • None.

Insights

Pre-planned trust sales reduce holdings modestly while leaving a large remaining stake.

The transactions show the Cheng Huang Family Trust, associated with Credo’s CTO Cheng Chi Fung, selling 27,500 ordinary shares in open-market trades on June 30, 2026. All sales were executed under a previously adopted Rule 10b5-1 trading plan, indicating they were pre-scheduled.

After the sales, the trust still held 5,937,170 ordinary shares, and Cheng Chi Fung directly held 146,608 shares. This means a substantial position remains in both indirect and direct holdings. The filing characterizes prices with weighted averages from narrow intraday ranges, which is typical for multi-trade executions.

Because the activity is pre-planned and the remaining ownership is large, the economic signal is more about ongoing portfolio diversification than a fundamental shift in commitment. Subsequent company filings may update ownership levels if additional 10b5-1 trades occur.

Insider Cheng Chi Fung
Role Chief Technology Officer
Sold 27,500 shs ($7.42M)
Type Security Shares Price Value
Sale Ordinary Shares 200 $245.12 $49K
Sale Ordinary Shares 100 $249.95 $25K
Sale Ordinary Shares 100 $251.93 $25K
Sale Ordinary Shares 300 $253.4433 $76K
Sale Ordinary Shares 100 $254.81 $25K
Sale Ordinary Shares 400 $256.1675 $102K
Sale Ordinary Shares 500 $257.212 $129K
Sale Ordinary Shares 200 $258.15 $52K
Sale Ordinary Shares 300 $259.8667 $78K
Sale Ordinary Shares 600 $261.1367 $157K
Sale Ordinary Shares 600 $263.4167 $158K
Sale Ordinary Shares 200 $265.07 $53K
Sale Ordinary Shares 100 $266.08 $27K
Sale Ordinary Shares 700 $267.9457 $188K
Sale Ordinary Shares 2,855 $269.0273 $768K
Sale Ordinary Shares 2,758 $269.9001 $744K
Sale Ordinary Shares 3,524 $270.9169 $955K
Sale Ordinary Shares 4,815 $271.9088 $1.31M
Sale Ordinary Shares 5,948 $272.9815 $1.62M
Sale Ordinary Shares 2,600 $273.9092 $712K
Sale Ordinary Shares 600 $274.9378 $165K
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 5,937,170 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 146,608 shares (Direct, null)
Footnotes (1)
  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 $244.80 to $245.44. 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 $253.41 to $253.51. 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 $255.87 to $256.74. 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 $256.96 to $257.34. 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 $258.13 to $258.17. 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 $259.41 to $260.17. 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 $260.70 to $261.35. 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 $263.07 to $263.60. 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 $264.90 to $265.24. 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 $267.36 to $268.21. 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. This transaction was executed in multiple trades at prices ranging from $268.41 to $269.36. 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 $269.41 to $270.38. 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 $270.42 to $271.39. 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 $271.47 to $272.46. 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 $272.51 to $273.50. 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 $273.52 to $274.48. 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 $274.55 to $275.32. 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.
Shares sold 27,500 ordinary shares Total open-market sales on June 30, 2026 by Cheng Huang Family Trust
Sale price example $272.9815 per share Weighted average price for a 5,948-share sale tranche
Lowest trade range $244.80–$245.44 Price range from one multi-trade execution footnote
Highest trade range $274.55–$275.32 Price range from another multi-trade execution footnote
Indirect holdings after 5,937,170 ordinary shares Credo shares held by Cheng Huang Family Trust after sales
Direct holdings after 146,608 ordinary shares Credo shares held directly by Cheng Chi Fung after reported date
Trade count 21 sale transactions Number of open-market sales reported as non-derivative transactions
Rule 10b5-1 trading plan regulatory
"The 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"
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.
pecuniary interest financial
"except to the extent of his and his spouse's pecuniary interest therein"
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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).
X
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)
06/30/2026
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 Shares06/30/2026S(1)200D$245.12(2)5,937,170ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)100D$249.955,937,070ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)100D$251.935,936,970ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)300D$253.4433(4)5,936,670ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)100D$254.815,936,570ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)400D$256.1675(5)5,936,170ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)500D$257.212(6)5,935,670ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)200D$258.15(7)5,935,470ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)300D$259.8667(8)5,935,170ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)600D$261.1367(9)5,934,570ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)600D$263.4167(10)5,933,970ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)200D$265.07(11)5,933,770ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)100D$266.085,933,670ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)700D$267.9457(12)5,932,970ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)2,855D$269.0273(13)5,930,115ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)2,758D$269.9001(14)5,927,357ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)3,524D$270.9169(15)5,923,833ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)4,815D$271.9088(16)5,919,018ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)5,948D$272.9815(17)5,913,070ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)2,600D$273.9092(18)5,910,470ICheng Huang Family Trust(3)
Ordinary Shares06/30/2026S(1)600D$274.9378(19)5,909,870ICheng Huang Family Trust(3)
Ordinary Shares146,608D
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. 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 $244.80 to $245.44. 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 $253.41 to $253.51. 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 $255.87 to $256.74. 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 $256.96 to $257.34. 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 $258.13 to $258.17. 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.
8. This transaction was executed in multiple trades at prices ranging from $259.41 to $260.17. 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.
9. This transaction was executed in multiple trades at prices ranging from $260.70 to $261.35. 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.
10. This transaction was executed in multiple trades at prices ranging from $263.07 to $263.60. 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.
11. This transaction was executed in multiple trades at prices ranging from $264.90 to $265.24. 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.
12. This transaction was executed in multiple trades at prices ranging from $267.36 to $268.21. 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.
13. This transaction was executed in multiple trades at prices ranging from $268.41 to $269.36. 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.
14. This transaction was executed in multiple trades at prices ranging from $269.41 to $270.38. 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.
15. This transaction was executed in multiple trades at prices ranging from $270.42 to $271.39. 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.
16. This transaction was executed in multiple trades at prices ranging from $271.47 to $272.46. 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.
17. This transaction was executed in multiple trades at prices ranging from $272.51 to $273.50. 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.
18. This transaction was executed in multiple trades at prices ranging from $273.52 to $274.48. 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.
19. This transaction was executed in multiple trades at prices ranging from $274.55 to $275.32. 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-fact07/02/2026
** 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)