Credo CTO sells 2,434 shares at $101.45
Credo Technology Group Holding Ltd's Chief Technology Officer, Cheng Chi Fung, reported an open-market sale of 2,434 Ordinary Shares at $101.45 per share.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd's Chief Technology Officer, Cheng Chi Fung, reported an open-market sale of 2,434 Ordinary Shares at $101.45 per share. After this sale, he directly holds 108,786 Ordinary Shares, while a related family trust holds 6,189,870 Ordinary Shares, reflecting that the sale covers only a small portion of the overall position.
Insider Trade Summary
Net Seller: 2,434 shares
Net Sell
1 txn
Insider
Cheng Chi Fung
Role
Chief Technology Officer
Sold
2,434 shs ($247K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,434 | $101.45 | $247K |
| Holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 108,786 shares (Direct);
Ordinary Shares — 6,189,870 shares (Indirect, Cheng Huang Family Trust)
Footnotes (2)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- F2. 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.
Key Figures
Shares sold: 2,434 shares
Sale price: $101.45 per share
Direct holdings after sale: 108,786 shares
+2 more
5 metrics
Shares sold
2,434 shares
Open-market sale of Ordinary Shares
Sale price
$101.45 per share
Price for sold Ordinary Shares
Direct holdings after sale
108,786 shares
Ordinary Shares held directly after transaction
Indirect trust holdings
6,189,870 shares
Ordinary Shares held by Cheng Huang Family Trust
Net shares sold
2,434 shares
Net buy/sell shares in this Form 4
Key Terms
open-market sale, Ordinary Shares, pecuniary interest, beneficial ownership, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
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.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein"
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.
RSUs financial
"satisfy tax withholding obligations in connection with the vesting and settlement of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Credo Technology Group (CRDO) report for Cheng Chi Fung?
Credo Technology Group reported that Chief Technology Officer Cheng Chi Fung executed an open-market sale of 2,434 Ordinary Shares at $101.45 per share. The transaction is a relatively small trade compared with his combined direct and trust-associated holdings disclosed in the filing.
What is the Cheng Huang Family Trust’s role in Credo Technology (CRDO) holdings?
The Cheng Huang Family Trust holds 6,189,870 Ordinary Shares of Credo Technology. Cheng Chi Fung and his spouse are trustees, and they and their children are beneficiaries. He disclaims beneficial ownership of these shares except to the extent of his and his spouse’s pecuniary interest.
Was the Credo Technology (CRDO) insider sale a large portion of Cheng Chi Fung’s holdings?
The reported sale of 2,434 Ordinary Shares represents only a small fraction of Cheng Chi Fung’s disclosed holdings. He retains 108,786 shares directly, and a related family trust holds 6,189,870 shares, indicating the transaction is minor relative to his overall economic exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
