Credo CTO’s family trust sells 27,500 shares
Credo Technology Group Holding Ltd’s Chief Technology Officer, Cheng Chi Fung, reported that the Cheng Huang Family Trust executed open-market sales of a total of 27,500 Ordinary Shares on March 11, 2026 at prices ranging from about $113.53 to $120.51.
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd’s Chief Technology Officer, Cheng Chi Fung, reported that the Cheng Huang Family Trust executed open-market sales of a total of 27,500 Ordinary Shares on March 11, 2026 at prices ranging from about $113.53 to $120.51.
The filing shows these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. After the transactions, the trust held 6,272,370 Ordinary Shares indirectly associated with the reporting person, and Cheng Chi Fung also held 111,220 Ordinary Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 27,500 shares
Net Sell
9 txns
Insider
Cheng Chi Fung
Role
Chief Technology Officer
Sold
27,500 shs ($3.23M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 200 | $114.02 | $23K |
| Sale | Ordinary Shares | 4,200 | $115.2346 | $484K |
| Sale | Ordinary Shares | 3,821 | $115.8792 | $443K |
| Sale | Ordinary Shares | 4,079 | $117.1591 | $478K |
| Sale | Ordinary Shares | 5,700 | $117.9708 | $672K |
| Sale | Ordinary Shares | 6,144 | $119.1269 | $732K |
| Sale | Ordinary Shares | 3,256 | $119.8141 | $390K |
| Sale | Ordinary Shares | 100 | $120.61 | $12K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 6,272,370 shares (Indirect, Cheng Huang Family Trust);
Ordinary Shares — 111,220 shares (Direct)
Footnotes (9)
- 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 $113.53 to $114.51. 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.
- 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 $114.56 to $115.55. 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.
- F5. This transaction was executed in multiple trades at prices ranging from $115.57 to $116.56. 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 $116.57 to $117.56. 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 $117.57 to $118.55. 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.
- F8. This transaction was executed in multiple trades at prices ranging from $118.58 to $119.57. 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.
- F9. This transaction was executed in multiple trades at prices ranging from $119.58 to $120.51. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Credo (CRDO) insider Cheng Chi Fung report in this Form 4?
The Form 4 reports that a trust associated with CTO Cheng Chi Fung sold 27,500 Credo Ordinary Shares in open-market transactions on March 11, 2026, while retaining over 6.2 million shares indirectly plus an additional 111,220 shares held directly.
What are Cheng Chi Fung’s direct holdings in Credo (CRDO) after the reported transactions?
In addition to the trust’s indirect holdings, the Form 4 shows that Cheng Chi Fung directly owns 111,220 Credo Ordinary Shares after the reported transactions, providing context that the disclosed sales involved only a portion of the overall equity position associated with him.
AI-generated analysis. How Rhea-AI works. Not financial advice.
