What are Cheng Chi Fung’s direct share holdings in Credo Technology Group (CRDO)?

Separate from the trust, the filing shows Cheng Chi Fung directly holds 108,786 ordinary shares of Credo. This direct position is in addition to the multi-million-share indirect stake reported as held by the Cheng Huang Family Trust associated with him and his family.

Credo (CRDO) CTO-linked trust trims stake with 27,500-share planned sale

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and Chief Technology Officer Cheng Chi Fung reported that the Cheng Huang Family Trust, with which he is associated, sold a total of 27,500 ordinary shares of Credo in open-market transactions on April 10, 2026 at weighted average prices ranging from about $109 to $121 per share.

The filing states these sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. After these sales, the trust held 6,134,870 ordinary shares, and Cheng Chi Fung also held 108,786 ordinary shares directly.

Insights

CTO-related trust sells 27,500 Credo shares under a pre-set 10b5-1 plan, a small trim versus multi‑million‑share holdings.

The filing shows the Cheng Huang Family Trust, associated with Credo’s CTO Cheng Chi Fung, sold 27,500 ordinary shares of Credo Technology Group Holding Ltd on April 10, 2026. Sale prices were reported as weighted averages between roughly $109 and $121 per share across multiple trades.

These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on September 5, 2025, indicating they were pre-scheduled rather than opportunistic. After the sales, the trust still held 6,134,870 ordinary shares, and Cheng Chi Fung held an additional 108,786 ordinary shares directly, so the net reduction is a small fraction of the total position.

Because the sales are plan-based and represent a modest percentage of the combined holdings visible in this filing, they appear as routine portfolio management rather than a thesis-changing move. The filing also notes that the reporting person disclaims beneficial ownership of trust shares beyond his and his spouse’s pecuniary interest, underscoring that these are largely indirect holdings.

Insider Trade Summary 10b5-1

Net Seller: 27,500 shares ($3,251,835)

Net Sell 13 txns

Insider Cheng Chi Fung

Role Chief Technology Officer

Sold 27,500 shs ($3.25M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	600	$109.05	$65K
Sale	Ordinary Shares	1,423	$110.1319	$157K
Sale	Ordinary Shares	1,875	$111.0692	$208K
Sale	Ordinary Shares	1,100	$112.1108	$123K
Sale	Ordinary Shares	500	$113.564	$57K
Sale	Ordinary Shares	100	$114.40	$11K
Sale	Ordinary Shares	600	$116.1167	$70K
Sale	Ordinary Shares	400	$117.5675	$47K
Sale	Ordinary Shares	1,500	$118.77	$178K
Sale	Ordinary Shares	9,593	$119.8589	$1.15M
Sale	Ordinary Shares	6,850	$120.5554	$826K
Sale	Ordinary Shares	2,959	$121.4686	$359K
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 6,161,770 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 108,786 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 $108.60 to $109.59. 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 $109.69 to $110.67. 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 $110.71 to $111.69. 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 $111.73 to $112.67. 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 $113.21 to $113.74. 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 $115.69 to $116.56. 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. This transaction was executed in multiple trades at prices ranging from $117.17 to $118.15. 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 $118.20 to $119.17. 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 $119.20 to $120.19. 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 $120.20 to $121.10. 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 $121.21 to $122.12. 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

Shares sold: 27,500 shares Lowest reported sale price: $109.05 per share Highest reported sale price: $121.47 per share +3 more

6 metrics

Shares sold 27,500 shares Ordinary shares sold on April 10, 2026 by Cheng Huang Family Trust

Lowest reported sale price $109.05 per share Weighted average price on one trade line for April 10, 2026 sales

Highest reported sale price $121.47 per share Weighted average price on another trade line for April 10, 2026 sales

Indirect holdings after sales 6,134,870 shares Ordinary shares held by Cheng Huang Family Trust following transactions

Direct holdings 108,786 shares Ordinary shares held directly by Cheng Chi Fung as reported

10b5-1 plan adoption date September 5, 2025 Date the Cheng Huang Family Trust adopted the Rule 10b5-1 plan

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, beneficial ownership, pecuniary interest, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust"

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 financial

"The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein."

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

"disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein."

indirect ownership financial

"Represents ordinary shares held by the Cheng Huang Family Trust of which the Reporting Person and his spouse are trustees"

Form 4 Insider Transactions: What Each Field Means →

04/14/2026 - 04:17 PM

SEC Form 4

FORM 4

UNITED 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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	04/10/2026		S⁽¹⁾		600	D	$109.05⁽²⁾	6,161,770	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		1,423	D	$110.1319⁽⁴⁾	6,160,347	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		1,875	D	$111.0692⁽⁵⁾	6,158,472	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		1,100	D	$112.1108⁽⁶⁾	6,157,372	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		500	D	$113.564⁽⁷⁾	6,156,872	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		100	D	$114.4	6,156,772	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		600	D	$116.1167⁽⁸⁾	6,156,172	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		400	D	$117.5675⁽⁹⁾	6,155,772	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		1,500	D	$118.77⁽¹⁰⁾	6,154,272	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		9,593	D	$119.8589⁽¹¹⁾	6,144,679	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		6,850	D	$120.5554⁽¹²⁾	6,137,829	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	04/10/2026		S⁽¹⁾		2,959	D	$121.4686⁽¹³⁾	6,134,870	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares								108,786	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $108.60 to $109.59. 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 $109.69 to $110.67. 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 $110.71 to $111.69. 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.

6. This transaction was executed in multiple trades at prices ranging from $111.73 to $112.67. 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 $113.21 to $113.74. 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.

8. This transaction was executed in multiple trades at prices ranging from $115.69 to $116.56. 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.

9. This transaction was executed in multiple trades at prices ranging from $117.17 to $118.15. 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 $118.20 to $119.17. 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.

11. This transaction was executed in multiple trades at prices ranging from $119.20 to $120.19. 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 $120.20 to $121.10. 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 $121.21 to $122.12. 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-fact	04/14/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Credo Technology Group (CRDO) report for Cheng Chi Fung?

Credo Technology Group reported that a trust associated with CTO and director Cheng Chi Fung sold 27,500 ordinary shares. The sales occurred on April 10, 2026, through multiple open-market trades at weighted average prices generally between about $109 and $121 per share.

Were the CRDO insider sales by Cheng Chi Fung pre-planned under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. Such plans pre-schedule trades, suggesting the timing reflects a preset program rather than a discretionary decision.

How many Credo (CRDO) shares does the Cheng Huang Family Trust hold after the sale?

After the reported sales, the Cheng Huang Family Trust held 6,134,870 ordinary shares of Credo. These shares are reported as indirect holdings, and the filing notes that Cheng Chi Fung disclaims beneficial ownership beyond his and his spouse’s pecuniary interest.

How significant are the 27,500 CRDO shares sold compared to the holdings reported?

The 27,500 shares sold are small relative to the combined holdings reported. The Cheng Huang Family Trust still holds 6,134,870 shares, and Cheng Chi Fung directly holds 108,786 shares, so the Form 4 reflects a modest trim rather than a large position change.

At what prices were Cheng Chi Fung’s associated CRDO shares sold on April 10, 2026?

The filing reports weighted average sale prices for the Credo shares between about $109.05 and $121.47. Each line item reflects an average price for multiple trades within narrower price ranges, with full trade details available upon request as noted in the disclosure.