Credo COO Yat Tung Lam sells 100,000 shares
The reported sales were made under a Rule 10b5-1 plan adopted April 15, 2026, alongside separate gift transactions and indirect trust holdings.
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Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) Chief Operating Officer and director Yat Tung Lam’s Form 4 reports six sales totaling 100,000 ordinary shares on September 25, 2026, under a Rule 10b5-1 trading plan adopted April 15, 2026. The sales included directly held shares and shares held by Zhan BVI Co Ltd; the reported prices were weighted averages for multiple trades.
Lam also reported a gift of 100,000 shares to The Lam GRAT 2026, where he is a co-trustee, and a separate 75,000-share gift disposition. Reported indirect holdings include 100,000 shares in the GRAT, 75,000 held by his spouse, and 125,000 held by EZ Trust. Lam disclaimed beneficial ownership of the Zhan BVI Co Ltd and GRAT shares except to the extent of any pecuniary interest; for the EZ Trust shares, the stated exception is his spouse’s pecuniary interest.
Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 25,508 | $205.3828 | $5.24M |
| Sale | Ordinary Shares F1, F3 | 11,170 | $206.7167 | $2.31M |
| Sale | Ordinary Shares F1, F4 | 13,322 | $207.698 | $2.77M |
| Sale | Ordinary Shares F1, F5, F6 | 26,000 | $205.3935 | $5.34M |
| Sale | Ordinary Shares F1, F7, F6 | 11,465 | $206.8034 | $2.37M |
| Sale | Ordinary Shares F1, F8, F6 | 12,535 | $207.6829 | $2.60M |
| Gift | Ordinary Shares F9 | 100,000 | $0.00 | $0.00 |
| Gift | Ordinary Shares | 75,000 | $0.00 | $0.00 |
| Gift | Ordinary Shares F9 | 100,000 | $0.00 | $0.00 |
| Gift | Ordinary Shares | 75,000 | $0.00 | $0.00 |
| holding | Ordinary Shares F10 | -- | -- | -- |
Footnotes (10)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2026.
- F2. This transaction was executed in multiple trades at prices ranging from $205.00 to $205.98. 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.
- F3. This transaction was executed in multiple trades at prices ranging from $206.00 to $206.93. 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.
- F4. This transaction was executed in multiple trades at prices ranging from $207.26 to $207.94. 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.
- F5. This transaction was executed in multiple trades at prices ranging from $205.00 to $205.89. 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.
- F6. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
- F7. This transaction was executed in multiple trades at prices ranging from $206.39 to $207.13. 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.
- F8. This transaction was executed in multiple trades at prices ranging from $207.49 to $207.97. 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.
- F9. Represents a gift of 100,000 ordinary shares from the Reporting Person to The Lam GRAT 2026, a grantor retained annuity trust, for which the Reporting Person is a co-trustee. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
- F10. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
grantor retained annuity trust financial
beneficial ownership regulatory
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