Credo Technology CTO Cheng sells 31,290 shares
Trust-held sales followed a plan adopted September 5, 2025; a separate direct sale was reported October 12.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) Chief Technology Officer Chi Fung Cheng reported sales of 31,290 ordinary shares on October 12 and 13, 2026. The sales included shares held by the Cheng Huang Family Trust and a separate direct sale of 3,790 shares on October 12 at $201.8350 per share; reported direct holdings afterward were 130,318 shares. Trust-held sales on October 13 were made under a Rule 10b5-1 trading plan adopted September 5, 2025, and included reported weighted average sale prices of $186.1132 and $199.5550 per share.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2, F3 | 1,456 | $186.1132 | $271K |
| Sale | Ordinary Shares F1, F4, F3 | 1,444 | $187.3589 | $271K |
| Sale | Ordinary Shares F1, F5, F3 | 2,999 | $188.214 | $564K |
| Sale | Ordinary Shares F1, F6, F3 | 3,150 | $189.3275 | $596K |
| Sale | Ordinary Shares F1, F7, F3 | 1,550 | $190.3432 | $295K |
| Sale | Ordinary Shares F1, F8, F3 | 1,301 | $191.3704 | $249K |
| Sale | Ordinary Shares F1, F9, F3 | 999 | $192.4937 | $192K |
| Sale | Ordinary Shares F1, F10, F3 | 2,700 | $193.6931 | $523K |
| Sale | Ordinary Shares F1, F11, F3 | 1,200 | $194.5259 | $233K |
| Sale | Ordinary Shares F1, F12, F3 | 2,499 | $195.6248 | $489K |
| Sale | Ordinary Shares F1, F13, F3 | 1,401 | $196.5118 | $275K |
| Sale | Ordinary Shares F1, F14, F3 | 3,360 | $197.855 | $665K |
| Sale | Ordinary Shares F1, F15, F3 | 3,241 | $198.5187 | $643K |
| Sale | Ordinary Shares F1, F16, F3 | 200 | $199.555 | $40K |
| Sale | Ordinary Shares | 3,790 | $201.835 | $765K |
Footnotes (16)
- 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.
- F2. This transaction was executed in multiple trades at prices ranging from $185.72 to $186.68. 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.
- 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.
- F4. This transaction was executed in multiple trades at prices ranging from $186.72 to $187.70. 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.
- F5. This transaction was executed in multiple trades at prices ranging from $187.83 to $188.70. 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.
- F6. This transaction was executed in multiple trades at prices ranging from $188.85 to $189.83. 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.
- F7. This transaction was executed in multiple trades at prices ranging from $189.94 to $190.81. 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.
- F8. This transaction was executed in multiple trades at prices ranging from $191.02 to $191.96. 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.
- F9. This transaction was executed in multiple trades at prices ranging from $192.07 to $192.99. 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.
- F10. This transaction was executed in multiple trades at prices ranging from $193.12 to $194.10. 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.
- F11. This transaction was executed in multiple trades at prices ranging from $194.13 to $195.08. 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.
- F12. This transaction was executed in multiple trades at prices ranging from $195.13 to $196.09. 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.
- F13. This transaction was executed in multiple trades at prices ranging from $196.19 to $197.14. 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.
- F14. This transaction was executed in multiple trades at prices ranging from $197.21 to $198.20. 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.
- F15. This transaction was executed in multiple trades at prices ranging from $198.21 to $199.13. 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.
- F16. This transaction was executed in multiple trades at prices ranging from $199.45 to $199.66. 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 financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.