STOCK TITAN

Family trust tied to Credo (CRDO) CTO sells 27,500 shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and Chief Technology Officer Cheng Chi Fung reported open-market sales of ordinary shares held through the Cheng Huang Family Trust. On June 16, 2026, the trust sold a total of 27,500 ordinary shares in multiple trades at weighted-average prices generally between about $239 and $258 per share, effected under a pre-arranged Rule 10b5-1 trading plan adopted on September 5, 2025. Following these sales, the trust holds 5,990,184 ordinary shares, and Cheng Chi Fung also holds 146,608 ordinary shares directly.

Positive

  • None.

Negative

  • None.
Insider Cheng Chi Fung
Role Chief Technology Officer
Sold 27,500 shs ($6.78M)
Type Security Shares Price Value
Sale Ordinary Shares 2,186 $239.6007 $524K
Sale Ordinary Shares 900 $241.2714 $217K
Sale Ordinary Shares 2,000 $242.3505 $485K
Sale Ordinary Shares 1,600 $243.4562 $390K
Sale Ordinary Shares 2,491 $244.7277 $610K
Sale Ordinary Shares 4,377 $245.6631 $1.08M
Sale Ordinary Shares 3,137 $246.6111 $774K
Sale Ordinary Shares 2,325 $247.5206 $575K
Sale Ordinary Shares 2,000 $248.6237 $497K
Sale Ordinary Shares 1,669 $249.8454 $417K
Sale Ordinary Shares 1,000 $250.7801 $251K
Sale Ordinary Shares 801 $251.6759 $202K
Sale Ordinary Shares 614 $253.2488 $155K
Sale Ordinary Shares 1,100 $254.3836 $280K
Sale Ordinary Shares 900 $255.6778 $230K
Sale Ordinary Shares 300 $256.85 $77K
Sale Ordinary Shares 100 $257.61 $26K
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 5,990,184 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 146,608 shares (Direct, null)
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 $239.18 to $239.99. 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. 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 $240.67 to $241.57. 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 $241.94 to $242.83. 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 $243.08 to $244.01. 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 $244.15 to $245.14. 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. This transaction was executed in multiple trades at prices ranging from $245.17 to $246.16. 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 $246.17 to $247.16. 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 $247.17 to $248.03. 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 $248.23 to $249.19. 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 $249.34 to $250.23. 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 $250.36 to $251.32. 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 $251.39 to $251.97. 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 $252.77 to $253.76. 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 $253.79 to $254.74. 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 $255.38 to $256.16. 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 $256.46 to $257.09. 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.
Shares sold 27,500 ordinary shares Total open-market sales on June 16, 2026 by Cheng Huang Family Trust
Sale price example (high) $257.61 per share Weighted-average price for a 100-share sale block on June 16, 2026
Sale price example (low range) $239.18–$239.99 per share Disclosed trade price range for one transaction group on June 16, 2026
Indirect holdings after sale 5,990,184 ordinary shares Ordinary shares held by the Cheng Huang Family Trust after transactions
Direct holdings 146,608 ordinary shares Ordinary shares held directly by Cheng Chi Fung as of June 16, 2026
Sell transactions count 17 sale entries Number of non-derivative sale transactions reported in the Form 4
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust"
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"
open-market sale financial
"transaction_action: "open-market sale" with transaction_code "S""
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.
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
"disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein"
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "Cheng Huang Family Trust""
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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)
06/16/2026
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 Shares06/16/2026S(1)2,186D$239.6007(2)5,990,184ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)900D$241.2714(4)5,989,284ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)2,000D$242.3505(5)5,987,284ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)1,600D$243.4562(6)5,985,684ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)2,491D$244.7277(7)5,983,193ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)4,377D$245.6631(8)5,978,816ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)3,137D$246.6111(9)5,975,679ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)2,325D$247.5206(10)5,973,354ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)2,000D$248.6237(11)5,971,354ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)1,669D$249.8454(12)5,969,685ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)1,000D$250.7801(13)5,968,685ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)801D$251.6759(14)5,967,884ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)614D$253.2488(15)5,967,270ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)1,100D$254.3836(16)5,966,170ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)900D$255.6778(17)5,965,270ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)300D$256.85(18)5,964,970ICheng Huang Family Trust(3)
Ordinary Shares06/16/2026S(1)100D$257.615,964,870ICheng Huang Family Trust(3)
Ordinary Shares146,608D
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 $239.18 to $239.99. 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.
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 $240.67 to $241.57. 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 $241.94 to $242.83. 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.
6. This transaction was executed in multiple trades at prices ranging from $243.08 to $244.01. 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 $244.15 to $245.14. 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.
8. This transaction was executed in multiple trades at prices ranging from $245.17 to $246.16. 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 $246.17 to $247.16. 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 $247.17 to $248.03. 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 $248.23 to $249.19. 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 $249.34 to $250.23. 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 $250.36 to $251.32. 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 $251.39 to $251.97. 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 $252.77 to $253.76. 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.
16. This transaction was executed in multiple trades at prices ranging from $253.79 to $254.74. 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.
17. This transaction was executed in multiple trades at prices ranging from $255.38 to $256.16. 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.
18. This transaction was executed in multiple trades at prices ranging from $256.46 to $257.09. 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.
Remarks:
/s/ James Laufman, attorney-in-fact06/18/2026
** 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)

FAQ

What insider activity did Credo Technology Group (CRDO) report in this Form 4?

Credo Technology’s Chief Technology Officer, Cheng Chi Fung, reported that a family trust associated with him sold 27,500 ordinary shares in open-market transactions on June 16, 2026, while retaining a substantial remaining ownership position.

How many Credo Technology (CRDO) shares were sold and at what prices?

The Cheng Huang Family Trust sold 27,500 Credo ordinary shares across multiple trades. Weighted-average sale prices for the reported trades ranged roughly from $239 to about $258 per share, with detailed price ranges disclosed for each trade grouping.

Who actually holds the Credo (CRDO) shares involved in these transactions?

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

Was the Credo (CRDO) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states these sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025, indicating the transactions were pre-scheduled rather than discretionary market-timed trades.

How many Credo Technology (CRDO) shares does the insider’s trust hold after the sale?

After selling 27,500 ordinary shares, the Cheng Huang Family Trust holds 5,990,184 Credo ordinary shares. In addition, Cheng Chi Fung is reported to hold 146,608 ordinary shares directly, separate from the trust’s large indirect position.

What do the weighted-average price footnotes mean in this Credo (CRDO) Form 4?

Each sale line aggregates many individual trades executed within a price range. The reported price is the weighted-average sale price, and the insider undertakes to provide full trade details, including exact share counts and prices within each range, upon request.