Credo (CRDO) CTO/director reports multiple 10b5‑1 stock sales
Rhea-AI Filing Summary
Credo Technology Group (CRDO) insider activity: The company’s Chief Technology Officer and director reported multiple open‑market sales of ordinary shares on 10/20/2025 under a Rule 10b5‑1 trading plan adopted on September 6, 2024. Discrete sales included 5,900 shares at a weighted average price of $148.1547, 16,733 at $150.2025, 14,511 at $151.0488, and 100 at $153.68, among others. Following the transactions, 6,723,961 shares were beneficially owned indirectly by the Cheng Huang Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 55,000 shares
Net Sell
8 txns
Insider
Cheng Chi Fung
Role
Chief Technology Officer
Sold
55,000 shs ($8.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 5,900 | $148.1547 | $874K |
| Sale | Ordinary Shares | 9,162 | $149.1473 | $1.37M |
| Sale | Ordinary Shares | 16,733 | $150.2025 | $2.51M |
| Sale | Ordinary Shares | 14,511 | $151.0488 | $2.19M |
| Sale | Ordinary Shares | 7,363 | $152.0406 | $1.12M |
| Sale | Ordinary Shares | 1,231 | $152.9152 | $188K |
| Sale | Ordinary Shares | 100 | $153.68 | $15K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 6,723,961 shares (Indirect, Cheng Huang Family Trust);
Ordinary Shares — 111,970 shares (Direct)
Footnotes (8)
- F1. 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 6, 2024.
- F2. This transaction was executed in multiple trades at prices ranging from $147.58 to $148.57. 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. 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.
- F4. This transaction was executed in multiple trades at prices ranging from $148.60 to $149.55. 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 $149.61 to $150.60. 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.
- F6. This transaction was executed in multiple trades at prices ranging from $150.61 to $151.60. 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.
- F7. This transaction was executed in multiple trades at prices ranging from $151.61 to $152.60. 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.
- F8. This transaction was executed in multiple trades at prices ranging from $152.62 to $153.42. 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.
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FAQ
What did CRDO disclose in this Form 4?
Multiple open‑market sales of ordinary shares by the CTO and director on 10/20/2025, executed under a Rule 10b5‑1 trading plan.
Were the transactions under a 10b5‑1 plan?
Yes. The sales were effected pursuant to a Rule 10b5‑1 plan adopted on September 6, 2024.
What is the insider’s relationship to CRDO?
The reporting person is a Director and Chief Technology Officer of CRDO.
Were the trades single fills or multiple trades?
They were executed in multiple trades at various prices, with weighted averages reported for each transaction.