Credo CTO-linked trust sells 27,500 shares
Credo Technology Group Holding Ltd director and CTO Cheng Chi Fung reported open-market sales of Credo ordinary shares on behalf of the Cheng Huang Family Trust.
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Rhea-AI Filing Summary
Credo Technology Group Holding Ltd director and CTO Cheng Chi Fung reported open-market sales of Credo ordinary shares on behalf of the Cheng Huang Family Trust. On May 1, 2026, the trust sold a total of 27,500 shares in a series of trades under a Rule 10b5-1 trading plan adopted on September 5, 2025, at weighted average prices that ranged across the reported transactions. Following these sales, the trust holds 6,024,870 ordinary shares indirectly, and Cheng Chi Fung also holds 108,786 ordinary shares directly.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,100 | $172.6222 | $190K |
| Sale | Ordinary Shares | 2,900 | $173.516 | $503K |
| Sale | Ordinary Shares | 3,700 | $174.6192 | $646K |
| Sale | Ordinary Shares | 2,800 | $175.6142 | $492K |
| Sale | Ordinary Shares | 800 | $176.5972 | $141K |
| Sale | Ordinary Shares | 100 | $177.63 | $18K |
| Sale | Ordinary Shares | 3,743 | $180.1778 | $674K |
| Sale | Ordinary Shares | 2,720 | $180.9845 | $492K |
| Sale | Ordinary Shares | 2,937 | $182.1226 | $535K |
| Sale | Ordinary Shares | 3,100 | $183.2329 | $568K |
| Sale | Ordinary Shares | 3,437 | $184.0155 | $632K |
| Sale | Ordinary Shares | 163 | $184.7775 | $30K |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (13)
- 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 $172.05 to $173.03. 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 $173.06 to $174.05. 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 $174.14 to $175.12. 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.
- F6. This transaction was executed in multiple trades at prices ranging from $175.16 to $176.15. 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 $176.29 to $177.03. 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 $179.63 to $180.62. 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.
- F9. This transaction was executed in multiple trades at prices ranging from $180.64 to $181.58. 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 $181.64 to $182.55. 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 $182.66 to $183.65. 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 $183.66 to $184.62. 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.
- F13. This transaction was executed in multiple trades at prices ranging from $184.71 to $184.82. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
beneficial ownership financial
pecuniary interest financial
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