CTO-linked trust sheds 27,500 Credo (CRDO) shares in 10b5-1 sales

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and Chief Technology Officer Cheng Chi Fung reported that the Cheng Huang Family Trust, an entity associated with him, sold 27,500 Ordinary Shares of CRDO on March 24, 2026 in multiple open‑market transactions at prices from $98.8913 to $103.37 per share. The sales were carried out under a pre‑arranged Rule 10b5‑1 trading plan adopted by the trust on September 5, 2025. After these sales, the trust held 6,217,370 Ordinary Shares indirectly, and Cheng Chi Fung also held 111,220 Ordinary Shares directly.

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
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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)

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)
03/24/2026

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	03/24/2026		S(1)		2,400	D	$98.8913(2)	6,242,470	I	Cheng Huang Family Trust(3)
Ordinary Shares	03/24/2026		S(1)		8,600	D	$99.9044(4)	6,233,870	I	Cheng Huang Family Trust(3)
Ordinary Shares	03/24/2026		S(1)		8,600	D	$100.7333(5)	6,225,270	I	Cheng Huang Family Trust(3)
Ordinary Shares	03/24/2026		S(1)		5,900	D	$101.7335(6)	6,219,370	I	Cheng Huang Family Trust(3)
Ordinary Shares	03/24/2026		S(1)		1,900	D	$102.6056(7)	6,217,470	I	Cheng Huang Family Trust(3)
Ordinary Shares	03/24/2026		S(1)		100	D	$103.37	6,217,370	I	Cheng Huang Family Trust(3)
Ordinary Shares								111,220	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 $98.27 to $99.25. 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 $99.31 to $100.29. 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 $100.31 to $101.29. 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 $101.31 to $102.29. 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 $102.31 to $103.08. 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	03/26/2026
	** 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)

FAQ

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

Credo Technology Group reported that a family trust associated with Chief Technology Officer Cheng Chi Fung sold 27,500 Ordinary Shares on March 24, 2026, through open-market transactions at prices around $99–$103 per share, as disclosed in a Form 4 filing.

Were the CRDO share sales by the Cheng Huang Family Trust pre-planned under a Rule 10b5-1 plan?

Yes. The filing states the Cheng Huang Family Trust executed these sales under a Rule 10b5-1 trading plan adopted on September 5, 2025, indicating the transactions were pre-arranged rather than discretionary trades timed after new information.

How many Credo Technology Group (CRDO) shares did the Cheng Huang Family Trust sell and at what prices?

The Cheng Huang Family Trust sold 27,500 Ordinary Shares of Credo Technology Group in several trades. Weighted average sale prices ranged from $98.8913 to $103.37 per share, with footnotes noting execution across multiple trades within specified intraday price ranges.

What are Cheng Chi Fung’s remaining CRDO holdings after the reported Form 4 transactions?

After the reported sales, the Cheng Huang Family Trust held 6,217,370 Ordinary Shares indirectly for the benefit of Cheng Chi Fung and family, while he also held 111,220 Ordinary Shares directly, according to the position figures disclosed in the Form 4.

How does the Form 4 describe Cheng Chi Fung’s beneficial ownership of the Cheng Huang Family Trust’s CRDO shares?

The Form 4 explains that Cheng Chi Fung and his spouse are trustees of the Cheng Huang Family Trust and that they, along with their children, are beneficiaries. It states he disclaims beneficial ownership except to the extent of his and his spouse’s pecuniary interest.

What transaction code and type are shown for the CRDO insider trades on March 24, 2026?

Each transaction involving the Cheng Huang Family Trust uses code “S” for sale of non-derivative securities, described as open-market or private sales of Ordinary Shares, with a separate entry showing Cheng Chi Fung’s direct holdings as of the reporting date.