Credo Technology (CRDO) family trust executes 27,500-share sale under 10b5-1 plan
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd reports that ordinary shares associated with Chief Technology Officer Cheng Chi Fung were sold by the Cheng Huang Family Trust on July 14, 2026. The trust completed pre-arranged open-market sales totaling 27,500 shares at weighted-average prices between $235.79 and $250.49 per share under a Rule 10b5-1 trading plan adopted on September 5, 2025.
After these trades, Cheng Chi Fung holds 140,358 ordinary shares directly, and additional shares remain in the family trust for the benefit of him, his spouse, and their children, with beneficial ownership disclaimed except for their pecuniary interests.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,504 | $236.3432 | $592K |
| Sale | Ordinary Shares | 3,723 | $237.2592 | $883K |
| Sale | Ordinary Shares | 3,852 | $238.3311 | $918K |
| Sale | Ordinary Shares | 4,995 | $239.3329 | $1.20M |
| Sale | Ordinary Shares | 4,231 | $240.2426 | $1.02M |
| Sale | Ordinary Shares | 1,995 | $241.4111 | $482K |
| Sale | Ordinary Shares | 1,000 | $242.4225 | $242K |
| Sale | Ordinary Shares | 1,000 | $243.5453 | $244K |
| Sale | Ordinary Shares | 1,558 | $244.8692 | $382K |
| Sale | Ordinary Shares | 1,342 | $245.7254 | $330K |
| Sale | Ordinary Shares | 700 | $246.5886 | $173K |
| Sale | Ordinary Shares | 300 | $247.6533 | $74K |
| Sale | Ordinary Shares | 100 | $248.57 | $25K |
| Sale | Ordinary Shares | 200 | $250.28 | $50K |
| holding | Ordinary Shares | -- | -- | -- |
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 $235.79 to $236.77. 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 $236.81 to $237.78. 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 $237.82 to $238.78. 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 $238.82 to $239.81. 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 $239.84 to $240.83. 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 $240.86 to $241.85. 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 $241.87 to $242.82. 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 $243.17 to $244.10. 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 $244.37 to $245.26. 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 $245.37 to $246.21. 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 $246.38 to $246.81. 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 $247.55 to $247.78. 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 $250.07 to $250.49. 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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
beneficial ownership regulatory
pecuniary interest financial
AI-generated analysis. How Rhea-AI works. Not financial advice.