Credo Technology Group (CRDO) CTO trust sells 27,500 shares under 10b5-1 plan
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd director and Chief Technology Officer Chi Fung Cheng reported that the Cheng Huang Family Trust sold a total of 27,500 ordinary shares of Credo on July 21, 2026 in multiple open-market trades at weighted average prices between $217.3229 and $224.3872 per share, pursuant to a Rule 10b5-1 trading plan adopted on September 5, 2025. Cheng continues to hold 140,358 ordinary shares directly.
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Insights
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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 ($6.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2, F3 | 700 | $217.3229 | $152K |
| Sale | Ordinary Shares F1, F4, F3 | 498 | $218.6864 | $109K |
| Sale | Ordinary Shares F1, F5, F3 | 1,202 | $219.6741 | $264K |
| Sale | Ordinary Shares F1, F6, F3 | 1,300 | $220.8461 | $287K |
| Sale | Ordinary Shares F1, F7, F3 | 6,490 | $221.8399 | $1.44M |
| Sale | Ordinary Shares F1, F8, F3 | 9,310 | $222.591 | $2.07M |
| Sale | Ordinary Shares F1, F9, F3 | 6,200 | $223.5838 | $1.39M |
| Sale | Ordinary Shares F1, F10, F3 | 1,800 | $224.3872 | $404K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 5,827,370 shares (Indirect, Cheng Huang Family Trust);
Ordinary Shares — 140,358 shares (Direct)
Footnotes (10)
- 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 $216.81 to $217.76. 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.
- 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 $218.13 to $219.05. 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 $219.13 to $219.97. 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.
- F6. This transaction was executed in multiple trades at prices ranging from $220.18 to $221.15. 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 $221.18 to $222.17. 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 $222.18 to $223.17. 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 $223.18 to $224.14. 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.
- F10. This transaction was executed in multiple trades at prices ranging from $224.21 to $224.84. 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
Ordinary shares sold: 27,500 shares
Weighted average sale price (block 1): $217.3229 per share
Weighted average sale price (largest block): $222.5910 per share
+3 more
6 metrics
Ordinary shares sold
27,500 shares
Aggregate sales by Cheng Huang Family Trust on July 21, 2026
Weighted average sale price (block 1)
$217.3229 per share
700 ordinary shares sold indirectly by Cheng Huang Family Trust
Weighted average sale price (largest block)
$222.5910 per share
9,310 ordinary shares sold indirectly by Cheng Huang Family Trust
Highest weighted average sale price
$224.3872 per share
1,800 ordinary shares sold indirectly by Cheng Huang Family Trust
Direct ordinary shares held after transaction
140,358 shares
Direct holdings reported as of July 21, 2026
10b5-1 plan adoption date
September 5, 2025
Adoption date of Cheng Huang Family Trust Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, beneficial ownership, pecuniary interest
4 terms
Rule 10b5-1 trading plan financial
"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."
beneficial ownership financial
"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
"except to the extent of his and his spouse's pecuniary interest therein."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Credo Technology (CRDO) disclose in this Form 4?
Credo reported that CTO and director Chi Fung Cheng, through the Cheng Huang Family Trust, sold 27,500 ordinary shares on July 21, 2026 in a series of open-market transactions, all executed under a pre-established Rule 10b5-1 trading plan.