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Credo Technology (CRDO) family trust executes 27,500-share sale under 10b5-1 plan

(Very High)
(Very Negative)
Form Type
4

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.

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Insights

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Insider Cheng Chi Fung
Role Chief Technology Officer
Sold 27,500 shs ($6.61M)
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 -- -- --
Holdings After Transaction: Ordinary Shares — 5,879,866 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 140,358 shares (Direct)
Footnotes (1)
  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.
Shares sold 27,500 shares Total ordinary shares sold in open-market transactions on July 14, 2026
Lowest disclosed sale price $235.79 per share Lower end of disclosed price ranges for the July 14, 2026 sales
Highest disclosed sale price $250.49 per share Upper end of disclosed price ranges for the July 14, 2026 sales
Direct shares held after transaction 140,358 shares Ordinary shares held directly by Cheng Chi Fung following the reported trades
Number of sale transactions 14 transactions Count of individual open-market sale entries reported for July 14, 2026
10b5-1 plan adoption date September 5, 2025 Date the Cheng Huang Family Trust adopted the Rule 10b5-1 trading plan
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan adopted..."
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 regulatory
"The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's..."
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
"except to the extent of his and his spouse's pecuniary interest therein."

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FAQ

What insider transaction did Credo Technology Group (CRDO) disclose in this Form 4?

Credo Technology Group disclosed that the Cheng Huang Family Trust executed open-market sales totaling 27,500 ordinary shares on July 14, 2026. These transactions are associated with Chief Technology Officer Cheng Chi Fung, who reports them as indirect ownership through the family trust.

At what prices were the 27,500 Credo Technology (CRDO) shares sold?

The 27,500 ordinary shares were sold at weighted-average prices between $235.79 and $250.49 per share. Several trades occurred within narrower price ranges, each disclosed with a weighted average and detailed underlying ranges available upon request to regulators or security holders.

Was the Credo Technology (CRDO) insider sale made 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-arrange trades, which can reduce the significance of trade timing as an indicator of insider sentiment.

How many Credo Technology (CRDO) shares does Cheng Chi Fung hold directly after the reported trades?

Following the reported transactions, Cheng Chi Fung holds 140,358 ordinary shares directly. The Form 4 also notes additional ordinary shares are held indirectly by the Cheng Huang Family Trust, where he and his spouse are trustees for the benefit of their family.

Who actually owns the Credo Technology (CRDO) shares sold by the Cheng Huang Family Trust?

The ordinary shares are held by the Cheng Huang Family Trust, of which the reporting person and his spouse are trustees and their family are beneficiaries. The reporting person disclaims beneficial ownership of these shares except to the extent of his and his spouse’s pecuniary interest.

How many individual sale transactions of Credo Technology (CRDO) stock are reported?

The Form 4 reports 14 open-market sale transactions on July 14, 2026, all involving ordinary shares held by the Cheng Huang Family Trust. Each transaction line includes a specific weighted-average sale price and is further described in detailed price-range footnotes.
SEC Form 4
FORM 4UNITED 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).
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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares07/14/2026S(1)2,504D$236.3432(2)5,879,866ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)3,723D$237.2592(4)5,876,143ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)3,852D$238.3311(5)5,872,291ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)4,995D$239.3329(6)5,867,296ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)4,231D$240.2426(7)5,863,065ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)1,995D$241.4111(8)5,861,070ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)1,000D$242.4225(9)5,860,070ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)1,000D$243.5453(10)5,859,070ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)1,558D$244.8692(11)5,857,512ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)1,342D$245.7254(12)5,856,170ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)700D$246.5886(13)5,855,470ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)300D$247.6533(14)5,855,170ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)100D$248.575,855,070ICheng Huang Family Trust(3)
Ordinary Shares07/14/2026S(1)200D$250.28(15)5,854,870ICheng Huang Family Trust(3)
Ordinary Shares140,358D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $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.
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 $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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. 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.
14. 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.
15. 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.
Remarks:
/s/ James Laufman, attorney-in-fact07/16/2026
** Signature of Reporting PersonDate
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)