STOCK TITAN
  1. Home
  2. Sec-filings
  3. CRDO
  4. [Form 4] Credo Technology Group Holding Ltd Insider Trading Activity

Credo Tech Director Lip Bu Tan Maintains Large Stake Despite $4.7M Sale

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group (CRDO) Director Lip Bu Tan reported significant insider trading activity on June 18, 2025. The director sold 54,297 ordinary shares at a weighted average price of $86.3824 per share (ranging from $86.06 to $86.80).

Following the transaction, Tan's beneficial ownership consists of:

  • 559,428 shares held indirectly through Walden Technology Ventures Investments II, L.P., where he serves as Managing Director
  • 133,583 shares held indirectly through the Lip-Bu Tan and Ysa Loo Trust
  • 39,736 shares held indirectly through A&E Investment LLC
  • 53,574 shares held directly

The transaction was executed pursuant to proper documentation, with the Form 4 filed by attorney-in-fact James Laufman on June 20, 2025.

Positive

  • None.

Negative

  • Director Lip Bu Tan (through Walden Technology Ventures) sold 54,297 shares at $86.38, totaling approximately $4.69 million
Insider TAN LIP BU
Role Director
Sold 54,297 shs ($4.69M)
Type Security Shares Price Value
Sale Ordinary Shares 54,297 $86.3824 $4.69M
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 559,428 shares (Indirect, Walden Technology Ventures Investments II, L.P.); Ordinary Shares — 53,574 shares (Direct)
Footnotes (1)
  1. This transaction was executed in multiple trades at prices ranging from $86.06 to $86.80. 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. The Reporting Person is the Managing Director of China Walden Venture Investment II G.P., Ltd., which is the general partner of Walden Technology Ventures Investments II, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. The Reporting Person is the joint trustee of the Lip-Bu Tan and Ysa Loo Trust Dated 2/3/92. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. The Reporting Person is the Manager of A&E Investment LLC, an entity owned by the Reporting Person's family trust for which the Reporting Person is a joint trustee.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
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).
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*
TAN LIP BU
(Last) (First) (Middle)
110 RIO ROBLES
(Street)
SAN JOSE CA 95134
(City) (State) (Zip)
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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/18/2025 S 54,297 D $86.3824(1) 559,428 I Walden Technology Ventures Investments II, L.P.(2)
Ordinary Shares 133,583 I Lip-Bu Tan and Ysa Loo Trust(3)
Ordinary Shares 39,736 I A&E Investment LLC(4)
Ordinary Shares 53,574 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. This transaction was executed in multiple trades at prices ranging from $86.06 to $86.80. 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.
2. The Reporting Person is the Managing Director of China Walden Venture Investment II G.P., Ltd., which is the general partner of Walden Technology Ventures Investments II, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
3. The Reporting Person is the joint trustee of the Lip-Bu Tan and Ysa Loo Trust Dated 2/3/92. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
4. The Reporting Person is the Manager of A&E Investment LLC, an entity owned by the Reporting Person's family trust for which the Reporting Person is a joint trustee.
Remarks:
/s/ James Laufman, attorney-in-fact 06/20/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many CRDO shares did Lip Bu Tan sell on June 18, 2025?

Lip Bu Tan sold 54,297 ordinary shares of CRDO at a weighted average price of $86.3824 per share on June 18, 2025.

What is Lip Bu Tan's total beneficial ownership of CRDO shares after the reported transaction?

After the transaction, Lip Bu Tan beneficially owns a total of 786,321 CRDO shares across different ownership forms: 559,428 shares through Walden Technology Ventures Investments II, L.P., 133,583 shares through the Lip-Bu Tan and Ysa Loo Trust, 39,736 shares through A&E Investment LLC, and 53,574 shares held directly.

What positions does Lip Bu Tan hold at CRDO?

According to the Form 4 filing, Lip Bu Tan serves as a Director of Credo Technology Group Holding Ltd (CRDO). This is indicated by the 'X' marked in the Director box under the relationship to issuer section.

What was the price range of CRDO shares sold by Lip Bu Tan in the June 18, 2025 transaction?

The transaction was executed in multiple trades with prices ranging from $86.06 to $86.80 per share, resulting in a weighted average sale price of $86.3824.

What indirect ownership positions does Lip Bu Tan have in CRDO?

Lip Bu Tan has three indirect ownership positions in CRDO: 1) 559,428 shares through Walden Technology Ventures Investments II, L.P., where he serves as Managing Director of the general partner, 2) 133,583 shares through the Lip-Bu Tan and Ysa Loo Trust, where he is joint trustee, and 3) 39,736 shares through A&E Investment LLC, where he serves as Manager.