Credo Technology CTO family trust sells 27,500 shares
A separate tax-withholding transaction left the chief technology officer with 134,108 ordinary shares held directly after October 5, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd (CRDO) reported that the Cheng Huang Family Trust sold 27,500 ordinary shares on October 6, 2026, pursuant to a Rule 10b5-1 trading plan adopted September 5, 2025. Chi Fung Cheng, the company’s Chief Technology Officer, and his spouse are trustees; Cheng, his spouse and their children are beneficiaries. Cheng disclaims beneficial ownership except to the extent of his and his spouse’s pecuniary interest.
Separately, the issuer withheld 2,460 ordinary shares on October 5, 2026, to satisfy tax withholding obligations related to vesting and settlement of RSUs. Cheng’s reported direct position following that transaction was 134,108 ordinary shares.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F2, F3, F4 | 200 | $211.06 | $42K |
| Sale | Ordinary Shares F2, F4 | 100 | $211.82 | $21K |
| Sale | Ordinary Shares F2, F5, F4 | 300 | $213.44 | $64K |
| Sale | Ordinary Shares F2, F6, F4 | 300 | $214.46 | $64K |
| Sale | Ordinary Shares F2, F7, F4 | 200 | $217.795 | $44K |
| Sale | Ordinary Shares F2, F8, F4 | 2,298 | $219.4712 | $504K |
| Sale | Ordinary Shares F2, F9, F4 | 7,548 | $220.4583 | $1.66M |
| Sale | Ordinary Shares F2, F10, F4 | 6,188 | $221.3698 | $1.37M |
| Sale | Ordinary Shares F2, F11, F4 | 3,068 | $222.3844 | $682K |
| Sale | Ordinary Shares F2, F12, F4 | 3,798 | $223.414 | $849K |
| Sale | Ordinary Shares F2, F13, F4 | 2,300 | $224.3091 | $516K |
| Sale | Ordinary Shares F2, F14, F4 | 1,000 | $225.183 | $225K |
| Sale | Ordinary Shares F2, F15, F4 | 200 | $226.175 | $45K |
| Tax Withholding | Ordinary Shares F1 | 2,460 | $218.64 | $538K |
Footnotes (15)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- F2. 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.
- F3. This transaction was executed in multiple trades at prices ranging from $210.72 to $211.40. 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.
- F4. 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.
- F5. This transaction was executed in multiple trades at prices ranging from $213.05 to $213.72. 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 $214.25 to $214.59. 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 $217.62 to $217.97. 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.
- F8. This transaction was executed in multiple trades at prices ranging from $218.85 to $219.74. 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 $219.89 to $220.87. 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.
- F10. This transaction was executed in multiple trades at prices ranging from $220.89 to $221.87. 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.
- F11. This transaction was executed in multiple trades at prices ranging from $221.94 to $222.85. 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 $222.94 to $223.90. 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 $223.94 to $224.93. 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.
- F14. This transaction was executed in multiple trades at prices ranging from $224.96 to $225.62. 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 $225.98 to $226.37. 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
Key Terms
Rule 10b5-1 trading plan regulatory
RSUs financial
weighted average sale price financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.