Credo Technology Group (CRDO) CTO’s family trust sells 27,500 shares
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd director and Chief Technology Officer Chi Fung Cheng reported multiple open-market sales totaling 27,500 ordinary shares on July 27, 2026, executed by the Cheng Huang Family Trust. These trades were made under a Rule 10b5-1 trading plan adopted on September 5, 2025. After these transactions, Cheng reported 140,358 ordinary shares held directly.
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Insider Trade Summary 10b5-1
Net Seller: 27,500 shares
Net Sell
21 txns
Insider
Cheng Chi Fung
Role
Chief Technology Officer
Sold
27,500 shs ($5.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2, F3 | 500 | $197.936 | $99K |
| Sale | Ordinary Shares F1, F4, F3 | 1,495 | $199.307 | $298K |
| Sale | Ordinary Shares F1, F5, F3 | 1,905 | $200.1516 | $381K |
| Sale | Ordinary Shares F1, F6, F3 | 1,704 | $201.2714 | $343K |
| Sale | Ordinary Shares F1, F7, F3 | 2,103 | $202.3649 | $426K |
| Sale | Ordinary Shares F1, F8, F3 | 2,806 | $203.4431 | $571K |
| Sale | Ordinary Shares F1, F9, F3 | 3,587 | $204.2828 | $733K |
| Sale | Ordinary Shares F1, F10, F3 | 1,757 | $205.1529 | $360K |
| Sale | Ordinary Shares F1, F11, F3 | 2,043 | $206.5621 | $422K |
| Sale | Ordinary Shares F1, F12, F3 | 3,400 | $207.6555 | $706K |
| Sale | Ordinary Shares F1, F13, F3 | 2,300 | $208.217 | $479K |
| Sale | Ordinary Shares F1, F14, F3 | 800 | $209.5125 | $168K |
| Sale | Ordinary Shares F1, F15, F3 | 300 | $210.8862 | $63K |
| Sale | Ordinary Shares F1, F3 | 100 | $211.53 | $21K |
| Sale | Ordinary Shares F1, F16, F3 | 600 | $213.9081 | $128K |
| Sale | Ordinary Shares F1, F17, F3 | 700 | $214.7243 | $150K |
| Sale | Ordinary Shares F1, F18, F3 | 400 | $215.5915 | $86K |
| Sale | Ordinary Shares F1, F19, F3 | 400 | $217.0225 | $87K |
| Sale | Ordinary Shares F1, F20, F3 | 500 | $217.694 | $109K |
| Sale | Ordinary Shares F1, F3 | 100 | $218.79 | $22K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 5,799,870 shares (Indirect, Cheng Huang Family Trust);
Ordinary Shares — 140,358 shares (Direct)
Footnotes (20)
- 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 $197.47 to $198.42. 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 $198.76 to $199.73. 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 $199.76 to $200.61. 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 $200.85 to $201.82. 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 $201.87 to $202.84. 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.
- F8. This transaction was executed in multiple trades at prices ranging from $202.87 to $203.84. 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.
- F9. This transaction was executed in multiple trades at prices ranging from $203.87 to $204.75. 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 $204.88 to $205.80. 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.
- F11. This transaction was executed in multiple trades at prices ranging from $205.94 to $206.93. 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.
- F12. This transaction was executed in multiple trades at prices ranging from $207.00 to $207.94. 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.
- F13. This transaction was executed in multiple trades at prices ranging from $208.00 to $208.87. 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.
- F14. This transaction was executed in multiple trades at prices ranging from $209.00 to $209.69. 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.
- F15. This transaction was executed in multiple trades at prices ranging from $210.39 to $211.33. 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.
- F16. This transaction was executed in multiple trades at prices ranging from $213.27 to $214.18. 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.
- F17. This transaction was executed in multiple trades at prices ranging from $214.28 to $215.22. 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.
- F18. This transaction was executed in multiple trades at prices ranging from $215.31 to $216.21. 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.
- F19. This transaction was executed in multiple trades at prices ranging from $216.53 to $217.46. 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.
- F20. This transaction was executed in multiple trades at prices ranging from $217.53 to $217.88. 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: 27500 shares
Direct ordinary shares held after transactions: 140358 shares
Lowest underlying trade price: $197.47 per share
+3 more
6 metrics
Ordinary shares sold
27500 shares
Aggregate non-derivative sales on July 27, 2026
Direct ordinary shares held after transactions
140358 shares
Direct holding reported in the post-transaction entry
Lowest underlying trade price
$197.47 per share
Low end of price range in footnote F2
Highest reported sale price
$218.79 per share
Price of the highest-priced reported transaction on July 27, 2026
Transaction date
July 27, 2026
Date of all reported ordinary share sales
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, pecuniary interest, beneficial ownership
4 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted"
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
"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"
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.
FAQ
What insider transaction did Credo Technology Group (CRDO) report?
Credo Technology Group Holding Ltd reported that director and CTO Chi Fung Cheng's Cheng Huang Family Trust sold 27,500 ordinary shares on July 27, 2026. These were open-market transactions in multiple tranches, with underlying trade prices ranging from $197.47 to $218.79 per share.
Were the CRDO insider sales made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. The Rule 10b5-1 plan designation and the checked affirmation box indicate the trades followed a pre-established schedule.