Credo CTO-linked trust sells 27,500 shares

Credo Technology Group Holding Ltd director and Chief Technology Officer Cheng Chi Fung reported open-market sales of 27,500 ordinary shares of CRDO indirectly held by the Cheng Huang Family Trust on April 27, 2026.

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and Chief Technology Officer Cheng Chi Fung reported open-market sales of 27,500 ordinary shares of CRDO indirectly held by the Cheng Huang Family Trust on April 27, 2026. The filing describes these as routine open-market transactions under a Rule 10b5-1 trading plan adopted by the trust on September 5, 2025.

Individual trades were executed at reported prices including 2,633 shares at $180.7813 per share and 8,322 shares at $179.9178 per share. After these sales, the trust holds 6,052,370 ordinary shares indirectly associated with Cheng, and Cheng also holds 108,786 ordinary shares directly.

Insider Trade Summary 10b5-1

Net Seller: 27,500 shares

Net Sell 13 txns

Insider Cheng Chi Fung

Role Chief Technology Officer

Sold 27,500 shs ($4.93M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	4,259	$177.1066	$754K
Sale	Ordinary Shares	5,589	$177.8728	$994K
Sale	Ordinary Shares	4,630	$179.0812	$829K
Sale	Ordinary Shares	8,322	$179.9178	$1.50M
Sale	Ordinary Shares	2,633	$180.7813	$476K
Sale	Ordinary Shares	767	$181.9104	$140K
Sale	Ordinary Shares	300	$183.05	$55K
Sale	Ordinary Shares	300	$183.98	$55K
Sale	Ordinary Shares	400	$185.73	$74K
Sale	Ordinary Shares	100	$187.10	$19K
Sale	Ordinary Shares	100	$189.09	$19K
Sale	Ordinary Shares	100	$190.50	$19K
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 6,052,370 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 108,786 shares (Direct)

Footnotes (11)

1. 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 5, 2025.
2. F2. This transaction was executed in multiple trades at prices ranging from $176.45 to $177.44. 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. 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.
4. F4. This transaction was executed in multiple trades at prices ranging from $177.45 to $178.43. 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. F5. This transaction was executed in multiple trades at prices ranging from $178.45 to $179.43. 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. F6. This transaction was executed in multiple trades at prices ranging from $179.45 to $180.44. 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. F7. This transaction was executed in multiple trades at prices ranging from $180.45 to $181.39. 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. F8. This transaction was executed in multiple trades at prices ranging from $181.52 to $182.22. 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. F9. This transaction was executed in multiple trades at prices ranging from $182.78 to $183.59. 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. F10. This transaction was executed in multiple trades at prices ranging from $183.87 to $184.04. 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. F11. This transaction was executed in multiple trades at prices ranging from $185.34 to $186.00. 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

Shares sold: 27,500 shares Example sale price: $180.7813 per share Largest reported block: 8,322 shares +5 more

8 metrics

Shares sold 27,500 shares Open-market sales by Cheng Huang Family Trust on April 27, 2026

Example sale price $180.7813 per share 2,633-share trade reported as weighted average sale price

Largest reported block 8,322 shares Sold at $179.9178 per share in one transaction group

Indirect holdings after trades 6,075,611 shares Ordinary shares held by Cheng Huang Family Trust after sales

Direct holdings after trades 108,786 shares Ordinary shares held directly by Cheng Chi Fung after transactions

Trade date April 27, 2026 All reported Form 4 transactions executed on this date

Sell transactions count 12 transactions Number of open-market sale entries in the Form 4

10b5-1 plan adoption date September 5, 2025 Date Cheng Huang Family Trust adopted Rule 10b5-1 plan

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, beneficial ownership, pecuniary interest, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"

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 pecuniary interest"

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"

open-market sale financial

"transaction_code_description": "Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Credo disclosed that shares tied to CTO Cheng Chi Fung were sold. A family trust associated with him sold 27,500 ordinary shares of Credo in open-market trades on April 27, 2026, as reported in a Form 4 insider filing.

How many Credo (CRDO) shares did the Cheng Huang Family Trust sell?

The Cheng Huang Family Trust sold 27,500 Credo ordinary shares. These sales were broken into multiple open-market transactions on April 27, 2026, and are summarized in the Form 4 with detailed trade sizes and prices.

At what prices were the Credo (CRDO) shares sold by the Cheng Huang Family Trust?

The trust’s Credo share sales occurred at various reported prices. Examples include 2,633 shares at $180.7813 per share and 8,322 shares at $179.9178 per share, reflecting weighted average sale prices for groups of trades.

Were the Credo (CRDO) insider sales by the Cheng Huang Family Trust pre-planned?

Yes, the sales were made under a pre-planned trading arrangement. A footnote states they were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025.

How many Credo (CRDO) shares does the Cheng Huang Family Trust hold after the sales?

After the reported transactions, the trust holds 6,075,611 Credo shares. These ordinary shares are indirectly associated with Cheng Chi Fung, who serves as trustee along with his spouse and is a beneficiary with his family.

What are Cheng Chi Fung’s direct Credo (CRDO) share holdings after this Form 4?

Following the reported trades, Cheng holds 108,786 Credo shares directly. This direct position is separate from the 6,075,611 ordinary shares held indirectly through the Cheng Huang Family Trust described in the filing.

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

The filing provides detailed context on beneficial ownership. It states the trust is for Cheng, his spouse, and their children, and that Cheng disclaims beneficial ownership except to the extent of his and his spouse’s pecuniary interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/29/2026 - 03:50 PM EDT Learn about SEC filing dates

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
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)

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)
04/27/2026

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	04/27/2026		S(1)		4,259	D	$177.1066(2)	6,075,611	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		5,589	D	$177.8728(4)	6,070,022	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		4,630	D	$179.0812(5)	6,065,392	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		8,322	D	$179.9178(6)	6,057,070	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		2,633	D	$180.7813(7)	6,054,437	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		767	D	$181.9104(8)	6,053,670	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		300	D	$183.05(9)	6,053,370	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		300	D	$183.98(10)	6,053,070	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		400	D	$185.73(11)	6,052,670	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		100	D	$187.1	6,052,570	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		100	D	$189.09	6,052,470	I	Cheng Huang Family Trust(3)
Ordinary Shares	04/27/2026		S(1)		100	D	$190.5	6,052,370	I	Cheng Huang Family Trust(3)
Ordinary Shares								108,786	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 $176.45 to $177.44. 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 $177.45 to $178.43. 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 $178.45 to $179.43. 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 $179.45 to $180.44. 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 $180.45 to $181.39. 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 $181.52 to $182.22. 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 $182.78 to $183.59. 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 $183.87 to $184.04. 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 $185.34 to $186.00. 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	04/29/2026
	** 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)