STOCK TITAN

Credo Technology (CRDO) CTO's family trust sells 27,473 shares in plan trades

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and Chief Technology Officer Cheng Chi Fung reported that the Cheng Huang Family Trust sold an aggregate of 27,473 ordinary shares on 2026-07-31 in multiple open-market or private transactions at weighted average prices between $201.2163 and $215.3500 per share. These sales were effected under a Rule 10b5-1 trading plan adopted by the trust on September 5, 2025. The shares are held by a family trust for which the reporting person and spouse are trustees, and he disclaims beneficial ownership beyond his and his spouse's pecuniary interest. He also reports 140,358 ordinary shares held directly.

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Insider Cheng Chi Fung
Role Chief Technology Officer
Sold 27,473 shs ($5.76M)
Type Security Shares Price Value
Sale Ordinary Shares F1, F2, F3 661 $201.2163 $133K
Sale Ordinary Shares F1, F4, F3 139 $202.2211 $28K
Sale Ordinary Shares F1, F5, F3 500 $204.114 $102K
Sale Ordinary Shares F1, F6, F3 600 $205.54 $123K
Sale Ordinary Shares F1, F7, F3 4,507 $207.1051 $933K
Sale Ordinary Shares F1, F8, F3 4,093 $208.0882 $852K
Sale Ordinary Shares F1, F9, F3 2,500 $209.0779 $523K
Sale Ordinary Shares F1, F10, F3 3,700 $210.1345 $777K
Sale Ordinary Shares F1, F11, F3 3,698 $211.0932 $781K
Sale Ordinary Shares F1, F12, F3 4,306 $212.1303 $913K
Sale Ordinary Shares F1, F13, F3 2,369 $213.0386 $505K
Sale Ordinary Shares F1, F14, F3 200 $213.835 $43K
Sale Ordinary Shares F1, F15, F3 200 $215.35 $43K
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 5,772,397 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 140,358 shares (Direct)
Footnotes (15)
  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 $200.85 to $201.65. 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 $202.07 to $202.28. 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 $203.80 to $204.58. 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 $205.18 to $205.95. 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 $206.54 to $207.46. 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 207.54 to $208.51. 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 $208.55 to $209.55. 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 $209.63 to $210.53. 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 $210.63 to $211.62. 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. F12. This transaction was executed in multiple trades at prices ranging from $211.64 to $212.62. 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. F13. This transaction was executed in multiple trades at prices ranging from $212.68 to $213.59. 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.
  14. F14. This transaction was executed in multiple trades at prices ranging from $213.77 to $213.90. 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. F15. This transaction was executed in multiple trades at prices ranging from $215.06 to $215.64. 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 27,473 ordinary shares Total non-derivative sales on 2026-07-31 by Cheng Huang Family Trust
Lowest weighted average sale price $201.2163 per share One of the reported open-market sales on 2026-07-31
Highest weighted average sale price $215.3500 per share One of the reported open-market sales on 2026-07-31
Direct holdings after transactions 140,358 ordinary shares Directly held by Cheng Chi Fung as of 2026-07-31
Rule 10b5-1 plan adoption date September 5, 2025 Trading plan governing Cheng Huang Family Trust sales
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."
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 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.

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

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FAQ

What insider sale did Credo Technology (CRDO) report on this Form 4?

Credo reported that CTO and director Cheng Chi Fung, via the Cheng Huang Family Trust, sold 27,473 ordinary shares on 2026-07-31. The transactions were open-market or private sales executed in multiple trades at weighted average prices around $201–$215 per share.

How many Credo (CRDO) shares did Cheng Chi Fung's trust sell, and at what prices?

The Cheng Huang Family Trust sold 27,473 ordinary shares of Credo on 2026-07-31. Reported weighted average sale prices for individual trade blocks ranged from about $201.2163 to $215.3500 per share, each executed in multiple underlying trades within specified price ranges.

Were the recent Credo (CRDO) insider sales made under a Rule 10b5-1 plan?

Yes. Footnotes state the reported sales were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. Such plans pre-schedule trades, which can reduce the informational significance of the exact timing of these sales.

Who actually executed the Credo (CRDO) insider sales reported for Cheng Chi Fung?

The transactions involve shares held by the Cheng Huang Family Trust, for which Cheng Chi Fung and his spouse are trustees. The footnote explains that he disclaims beneficial ownership of these shares except to the extent of his and his spouse's pecuniary interest in the trust.

How many Credo (CRDO) shares does Cheng Chi Fung hold directly after these transactions?

In addition to indirect holdings through the Cheng Huang Family Trust, Cheng Chi Fung reports 140,358 ordinary shares held directly as of 2026-07-31. The Form 4 lists this as a direct ownership position separate from the trust's indirect holdings.
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)
07/31/2026
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 Shares07/31/2026S(1)661D$201.2163(2)5,799,209ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)139D$202.2211(4)5,799,070ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)500D$204.114(5)5,798,570ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)600D$205.54(6)5,797,970ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)4,507D$207.1051(7)5,793,463ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)4,093D$208.0882(8)5,789,370ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)2,500D$209.0779(9)5,786,870ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)3,700D$210.1345(10)5,783,170ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)3,698D$211.0932(11)5,779,472ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)4,306D$212.1303(12)5,775,166ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)2,369D$213.0386(13)5,772,797ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)200D$213.835(14)5,772,597ICheng Huang Family Trust(3)
Ordinary Shares07/31/2026S(1)200D$215.35(15)5,772,397ICheng Huang Family Trust(3)
Ordinary Shares140,358D
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 $200.85 to $201.65. 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 $202.07 to $202.28. 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 $203.80 to $204.58. 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 $205.18 to $205.95. 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 $206.54 to $207.46. 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 207.54 to $208.51. 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 $208.55 to $209.55. 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 $209.63 to $210.53. 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 $210.63 to $211.62. 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 $211.64 to $212.62. 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 $212.68 to $213.59. 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.
14. This transaction was executed in multiple trades at prices ranging from $213.77 to $213.90. 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 $215.06 to $215.64. 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-fact08/04/2026
** 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)