STOCK TITAN

[Form 4] Credo Technology Group Holding Ltd Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Credo Technology Group Chief Technology Officer and Director Cheng Chi Fung reported multiple sales of ordinary shares on June 16, 2025, executed through a pre-established Rule 10b5-1 trading plan from September 6, 2024.

The transactions involved the following sales from the Cheng Huang Family Trust:

  • 1,500 shares at average price of $76.60
  • 3,996 shares at average price of $77.94
  • 34,644 shares at average price of $78.73
  • 14,860 shares at average price of $79.30

Following these transactions, Fung maintains 119,350 shares held directly and 7,493,961 shares held indirectly through the Cheng Huang Family Trust. The trust transactions were executed at various price ranges, with all sales occurring between $76.05 and $79.66 per share.

Cheng Chi Fung, Chief Technology Officer e Direttore di Credo Technology Group, ha comunicato la vendita di più azioni ordinarie il 16 giugno 2025, eseguite tramite un piano di trading predefinito secondo la Regola 10b5-1, avviato il 6 settembre 2024.

Le transazioni hanno riguardato le seguenti vendite da parte del Cheng Huang Family Trust:

  • 1.500 azioni a un prezzo medio di 76,60 $
  • 3.996 azioni a un prezzo medio di 77,94 $
  • 34.644 azioni a un prezzo medio di 78,73 $
  • 14.860 azioni a un prezzo medio di 79,30 $

Dopo queste operazioni, Fung detiene direttamente 119.350 azioni e indirettamente tramite il Cheng Huang Family Trust 7.493.961 azioni. Le vendite del trust sono state eseguite a prezzi variabili, con tutte le azioni cedute tra 76,05 $ e 79,66 $ per azione.

Cheng Chi Fung, Director y Chief Technology Officer de Credo Technology Group, reportó múltiples ventas de acciones ordinarias el 16 de junio de 2025, realizadas bajo un plan de trading preestablecido conforme a la Regla 10b5-1 desde el 6 de septiembre de 2024.

Las transacciones involucraron las siguientes ventas del Cheng Huang Family Trust:

  • 1,500 acciones a un precio promedio de 76,60 $
  • 3,996 acciones a un precio promedio de 77,94 $
  • 34,644 acciones a un precio promedio de 78,73 $
  • 14,860 acciones a un precio promedio de 79,30 $

Tras estas operaciones, Fung mantiene 119,350 acciones en propiedad directa y 7,493,961 acciones de forma indirecta a través del Cheng Huang Family Trust. Las transacciones del fideicomiso se ejecutaron en varios rangos de precio, con todas las ventas entre 76,05 $ y 79,66 $ por acción.

Credo Technology Group의 최고기술책임자(CTO) 겸 이사인 Cheng Chi Fung은 2025년 6월 16일, 2024년 9월 6일부터 시작된 사전 설정된 Rule 10b5-1 거래 계획에 따라 보통주 여러 건을 매도했다고 보고했습니다.

해당 거래는 Cheng Huang 가족 신탁에서 다음과 같이 이루어졌습니다:

  • 1,500주, 평균 가격 $76.60
  • 3,996주, 평균 가격 $77.94
  • 34,644주, 평균 가격 $78.73
  • 14,860주, 평균 가격 $79.30

이 거래 이후 Fung은 직접 보유한 119,350주와 Cheng Huang 가족 신탁을 통해 간접 보유한 7,493,961주를 유지하고 있습니다. 신탁 거래는 다양한 가격대에서 이루어졌으며, 모든 매도 가격은 주당 $76.05에서 $79.66 사이였습니다.

Cheng Chi Fung, Directeur technique (CTO) et administrateur de Credo Technology Group, a déclaré plusieurs ventes d'actions ordinaires le 16 juin 2025, réalisées dans le cadre d'un plan de trading préétabli selon la règle 10b5-1 depuis le 6 septembre 2024.

Les transactions concernaient les ventes suivantes effectuées par le Cheng Huang Family Trust :

  • 1 500 actions au prix moyen de 76,60 $
  • 3 996 actions au prix moyen de 77,94 $
  • 34 644 actions au prix moyen de 78,73 $
  • 14 860 actions au prix moyen de 79,30 $

Suite à ces transactions, Fung détient directement 119 350 actions et indirectement via le Cheng Huang Family Trust 7 493 961 actions. Les transactions du trust ont été réalisées à différents niveaux de prix, toutes les ventes s'étant situées entre 76,05 $ et 79,66 $ par action.

Cheng Chi Fung, Chief Technology Officer und Direktor von Credo Technology Group, meldete am 16. Juni 2025 mehrere Verkäufe von Stammaktien, die im Rahmen eines vorab festgelegten Rule 10b5-1 Handelsplans seit dem 6. September 2024 durchgeführt wurden.

Die Transaktionen umfassten folgende Verkäufe aus dem Cheng Huang Family Trust:

  • 1.500 Aktien zum Durchschnittspreis von 76,60 $
  • 3.996 Aktien zum Durchschnittspreis von 77,94 $
  • 34.644 Aktien zum Durchschnittspreis von 78,73 $
  • 14.860 Aktien zum Durchschnittspreis von 79,30 $

Nach diesen Transaktionen hält Fung 119.350 Aktien direkt und 7.493.961 Aktien indirekt über den Cheng Huang Family Trust. Die Trust-Transaktionen wurden zu verschiedenen Preisen ausgeführt, wobei alle Verkäufe zwischen 76,05 $ und 79,66 $ pro Aktie lagen.

Positive
  • None.
Negative
  • CTO Chi Fung Cheng sold 55,000 shares worth approximately $4.3M through a pre-planned 10b5-1 trading plan, representing about 0.7% of his indirect holdings through the family trust

Cheng Chi Fung, Chief Technology Officer e Direttore di Credo Technology Group, ha comunicato la vendita di più azioni ordinarie il 16 giugno 2025, eseguite tramite un piano di trading predefinito secondo la Regola 10b5-1, avviato il 6 settembre 2024.

Le transazioni hanno riguardato le seguenti vendite da parte del Cheng Huang Family Trust:

  • 1.500 azioni a un prezzo medio di 76,60 $
  • 3.996 azioni a un prezzo medio di 77,94 $
  • 34.644 azioni a un prezzo medio di 78,73 $
  • 14.860 azioni a un prezzo medio di 79,30 $

Dopo queste operazioni, Fung detiene direttamente 119.350 azioni e indirettamente tramite il Cheng Huang Family Trust 7.493.961 azioni. Le vendite del trust sono state eseguite a prezzi variabili, con tutte le azioni cedute tra 76,05 $ e 79,66 $ per azione.

Cheng Chi Fung, Director y Chief Technology Officer de Credo Technology Group, reportó múltiples ventas de acciones ordinarias el 16 de junio de 2025, realizadas bajo un plan de trading preestablecido conforme a la Regla 10b5-1 desde el 6 de septiembre de 2024.

Las transacciones involucraron las siguientes ventas del Cheng Huang Family Trust:

  • 1,500 acciones a un precio promedio de 76,60 $
  • 3,996 acciones a un precio promedio de 77,94 $
  • 34,644 acciones a un precio promedio de 78,73 $
  • 14,860 acciones a un precio promedio de 79,30 $

Tras estas operaciones, Fung mantiene 119,350 acciones en propiedad directa y 7,493,961 acciones de forma indirecta a través del Cheng Huang Family Trust. Las transacciones del fideicomiso se ejecutaron en varios rangos de precio, con todas las ventas entre 76,05 $ y 79,66 $ por acción.

Credo Technology Group의 최고기술책임자(CTO) 겸 이사인 Cheng Chi Fung은 2025년 6월 16일, 2024년 9월 6일부터 시작된 사전 설정된 Rule 10b5-1 거래 계획에 따라 보통주 여러 건을 매도했다고 보고했습니다.

해당 거래는 Cheng Huang 가족 신탁에서 다음과 같이 이루어졌습니다:

  • 1,500주, 평균 가격 $76.60
  • 3,996주, 평균 가격 $77.94
  • 34,644주, 평균 가격 $78.73
  • 14,860주, 평균 가격 $79.30

이 거래 이후 Fung은 직접 보유한 119,350주와 Cheng Huang 가족 신탁을 통해 간접 보유한 7,493,961주를 유지하고 있습니다. 신탁 거래는 다양한 가격대에서 이루어졌으며, 모든 매도 가격은 주당 $76.05에서 $79.66 사이였습니다.

Cheng Chi Fung, Directeur technique (CTO) et administrateur de Credo Technology Group, a déclaré plusieurs ventes d'actions ordinaires le 16 juin 2025, réalisées dans le cadre d'un plan de trading préétabli selon la règle 10b5-1 depuis le 6 septembre 2024.

Les transactions concernaient les ventes suivantes effectuées par le Cheng Huang Family Trust :

  • 1 500 actions au prix moyen de 76,60 $
  • 3 996 actions au prix moyen de 77,94 $
  • 34 644 actions au prix moyen de 78,73 $
  • 14 860 actions au prix moyen de 79,30 $

Suite à ces transactions, Fung détient directement 119 350 actions et indirectement via le Cheng Huang Family Trust 7 493 961 actions. Les transactions du trust ont été réalisées à différents niveaux de prix, toutes les ventes s'étant situées entre 76,05 $ et 79,66 $ par action.

Cheng Chi Fung, Chief Technology Officer und Direktor von Credo Technology Group, meldete am 16. Juni 2025 mehrere Verkäufe von Stammaktien, die im Rahmen eines vorab festgelegten Rule 10b5-1 Handelsplans seit dem 6. September 2024 durchgeführt wurden.

Die Transaktionen umfassten folgende Verkäufe aus dem Cheng Huang Family Trust:

  • 1.500 Aktien zum Durchschnittspreis von 76,60 $
  • 3.996 Aktien zum Durchschnittspreis von 77,94 $
  • 34.644 Aktien zum Durchschnittspreis von 78,73 $
  • 14.860 Aktien zum Durchschnittspreis von 79,30 $

Nach diesen Transaktionen hält Fung 119.350 Aktien direkt und 7.493.961 Aktien indirekt über den Cheng Huang Family Trust. Die Trust-Transaktionen wurden zu verschiedenen Preisen ausgeführt, wobei alle Verkäufe zwischen 76,05 $ und 79,66 $ pro Aktie lagen.

SEC Form 4
FORM 4 UNITED 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 CA 95134

(City) (State) (Zip)
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Ordinary Shares 06/16/2025 S(1) 1,500 D $76.603(2) 7,547,461 I Cheng Huang Family Trust(3)
Ordinary Shares 06/16/2025 S(1) 3,996 D $77.9436(4) 7,543,465 I Cheng Huang Family Trust(3)
Ordinary Shares 06/16/2025 S(1) 34,644 D $78.7307(5) 7,508,821 I Cheng Huang Family Trust(3)
Ordinary Shares 06/16/2025 S(1) 14,860 D $79.3026(6) 7,493,961 I Cheng Huang Family Trust(3)
Ordinary Shares 119,350 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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 6, 2024.
2. This transaction was executed in multiple trades at prices ranging from $76.05 to $76.96. 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 $77.13 to $78.12. 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 $78.13 to $79.12. 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 $79.13 to $79.66. 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-fact 06/18/2025
** Signature of Reporting Person Date
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.

FAQ

How many CRDO shares did CTO Chi Fung Cheng sell on June 16, 2025?

Chi Fung Cheng sold a total of 55,000 shares on June 16, 2025, executed in four separate transactions: 1,500 shares at avg. $76.60, 3,996 shares at avg. $77.94, 34,644 shares at avg. $78.73, and 14,860 shares at avg. $79.30.

What is the current CRDO share ownership of Chi Fung Cheng after the June 2025 transactions?

After the transactions, Chi Fung Cheng owns 119,350 shares directly and 7,493,961 shares indirectly through the Cheng Huang Family Trust, for a total beneficial ownership of 7,613,311 shares.

Was CRDO CTO Chi Fung Cheng's stock sale planned in advance?

Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted by the Cheng Huang Family Trust on September 6, 2024, indicating these were pre-planned transactions.

What was the price range of CRDO shares sold by Chi Fung Cheng?

The shares were sold in multiple trades with prices ranging from $76.05 to $79.66, with weighted average sale prices of $76.603, $77.9436, $78.7307, and $79.3026 across the four transaction blocks.

What positions does Chi Fung Cheng hold at CRDO?

Chi Fung Cheng serves as both a Director and Chief Technology Officer (CTO) of Credo Technology Group Holding Ltd, as indicated in the Form 4 filing.
CREDO TECHNOLOGY GROUP HOLDING

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