STOCK TITAN

Credo CTO trust sells 27,500 shares in plan

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd (CRDO) insider Chi Fung Cheng, the Chief Technology Officer and a director, reported that the Cheng Huang Family Trust sold 27,500 Ordinary Shares on September 11, 2026 in open-market transactions under a Rule 10b5-1 trading plan adopted on September 5, 2025.

The filing also reports that Cheng directly holds 136,568 Ordinary Shares after these transactions; the trust’s remaining holdings are not specified in this report.

Positive

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Negative

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Insights

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Insider Cheng Chi Fung
Role Chief Technology Officer
Sold 27,500 shs ($4.48M)
Type Security Shares Price Value
Sale Ordinary Shares F1, F2, F3 600 $160.9883 $97K
Sale Ordinary Shares F1, F4, F3 12,912 $162.1843 $2.09M
Sale Ordinary Shares F1, F5, F3 9,585 $163.0575 $1.56M
Sale Ordinary Shares F1, F6, F3 4,403 $163.8797 $722K
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 5,744,897 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 136,568 shares (Direct)
Footnotes (6)
  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 $160.60 to $161.36. 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 $161.62 to $162.61. 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 $162.62 to $163.61. 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 $163.62 to $164.52. 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 Ordinary Shares Total Ordinary Shares sold indirectly by the Cheng Huang Family Trust on September 11, 2026
Weighted average sale price (block 1) $160.9883 per share 600 Ordinary Shares sold on September 11, 2026; individual trades ranged from $160.60 to $161.36
Weighted average sale price (block 2) $162.1843 per share 12,912 Ordinary Shares sold; trades ranged from $161.62 to $162.61
Weighted average sale price (block 3) $163.0575 per share 9,585 Ordinary Shares sold; trades ranged from $162.62 to $163.61
Weighted average sale price (block 4) $163.8797 per share 4,403 Ordinary Shares sold; trades ranged from $163.62 to $164.52
Direct holdings after transaction 136,568 Ordinary Shares Directly held by Chi Fung Cheng after the reported transactions
Rule 10b5-1 plan adoption date September 5, 2025 Adoption date of the trading plan used for the September 11, 2026 sales
Rule 10b5-1 trading plan regulatory
"The sales reported ... 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"
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest"
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership except to the extent"
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.

FAQ

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

What insider transaction did CRDO report for its CTO on September 11, 2026?

Credo Technology Group (CRDO) reported that Chief Technology Officer and director Chi Fung Cheng, through the Cheng Huang Family Trust, sold 27,500 Ordinary Shares on September 11, 2026 in a series of open-market transactions at weighted average prices around $161–$164 per share.

Were the CRDO insider sales made under a Rule 10b5-1 plan?

Yes. The sales reported for CRDO were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025, according to the footnotes, indicating the trades followed a pre-arranged schedule rather than discretionary timing.

How many Credo Technology (CRDO) shares did the trust sell, and at what prices?

The Cheng Huang Family Trust sold 27,500 Ordinary Shares of CRDO in four blocks at weighted average prices of $160.9883, $162.1843, $163.0575 and $163.8797 per share, with individual trades occurring within price ranges from $160.60 to $164.52.

What are Chi Fung Cheng’s direct CRDO share holdings after these transactions?

After the reported transactions, Chi Fung Cheng is shown as directly holding 136,568 Ordinary Shares of CRDO. This figure reflects only direct ownership; the filing describes additional shares held indirectly through the Cheng Huang Family Trust.

Does the CRDO filing disclose exact trade prices for each insider sale?

The filing provides a weighted average sale price for each of the four insider sale entries and states that each was executed in multiple trades within specified price ranges, from $160.60–$161.36, $161.62–$162.61, $162.62–$163.61 and $163.62–$164.52 per share.

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

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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)
09/11/2026
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 Shares09/11/2026S(1)600D$160.9883(2)5,771,797ICheng Huang Family Trust(3)
Ordinary Shares09/11/2026S(1)12,912D$162.1843(4)5,758,885ICheng Huang Family Trust(3)
Ordinary Shares09/11/2026S(1)9,585D$163.0575(5)5,749,300ICheng Huang Family Trust(3)
Ordinary Shares09/11/2026S(1)4,403D$163.8797(6)5,744,897ICheng Huang Family Trust(3)
Ordinary Shares136,568D
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 $160.60 to $161.36. 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 $161.62 to $162.61. 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 $162.62 to $163.61. 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 $163.62 to $164.52. 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-fact09/15/2026
** 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)

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