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Credo Technology Group (NASDAQ: CRDO) COO sells 50,000 shares under 10b5-1 plan

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Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd director and COO Lam Yat Tung, through affiliated entity Zhan BVI Co Ltd, reported open-market sales of 50,000 Ordinary Shares on July 15, 2026, effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust. After these transactions, he reports 2,584,610 shares held directly, plus indirect interests in 125,000 shares via EZ Trust and 397,724 shares via Zhan BVI Co Ltd, while disclaiming beneficial ownership of indirectly held shares beyond his pecuniary and his spouse’s pecuniary interests.

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Insider Lam Yat Tung
Role Chief Operating Officer
Sold 50,000 shs ($11.27M)
Type Security Shares Price Value
Sale Ordinary Shares 2,276 $218.3645 $497K
Sale Ordinary Shares 1,224 $219.2742 $268K
Sale Ordinary Shares 2,662 $220.5379 $587K
Sale Ordinary Shares 4,038 $221.4966 $894K
Sale Ordinary Shares 5,600 $222.5581 $1.25M
Sale Ordinary Shares 3,075 $223.567 $687K
Sale Ordinary Shares 1,923 $224.5974 $432K
Sale Ordinary Shares 5,566 $225.6752 $1.26M
Sale Ordinary Shares 9,299 $226.7112 $2.11M
Sale Ordinary Shares 5,537 $227.5314 $1.26M
Sale Ordinary Shares 1,500 $228.3324 $342K
Sale Ordinary Shares 800 $229.4788 $184K
Sale Ordinary Shares 1,797 $230.678 $415K
Sale Ordinary Shares 2,003 $231.8452 $464K
Sale Ordinary Shares 1,600 $232.745 $372K
Sale Ordinary Shares 300 $233.8667 $70K
Sale Ordinary Shares 700 $235.2743 $165K
Sale Ordinary Shares 100 $235.99 $24K
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 397,724 shares (Indirect, By Zhan BVI Co Ltd); Ordinary Shares — 2,584,610 shares (Direct)
Footnotes (1)
  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 April 15, 2026. This transaction was executed in multiple trades at prices ranging from $217.80 to $218.77. 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. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. This transaction was executed in multiple trades at prices ranging from $218.88 to $219.78. 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. This transaction was executed in multiple trades at prices ranging from $219.94 to $220.93. 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. This transaction was executed in multiple trades at prices ranging from $220.97 to $221.92. 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. This transaction was executed in multiple trades at prices ranging from $222.02 to $223.01. 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. This transaction was executed in multiple trades at prices ranging from $223.05 to $224.04. 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. This transaction was executed in multiple trades at prices ranging from $224.09 to $225.06. 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. This transaction was executed in multiple trades at prices ranging from $225.11 to $226.10. 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. This transaction was executed in multiple trades at prices ranging from $226.12 to $227.11. 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. This transaction was executed in multiple trades at prices ranging from $227.13 to $228.05. 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. This transaction was executed in multiple trades at prices ranging from $228.13 to $228.60. 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. This transaction was executed in multiple trades at prices ranging from $229.17 to $230.07. 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. This transaction was executed in multiple trades at prices ranging from $230.23 to $231.15. 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. This transaction was executed in multiple trades at prices ranging from $231.29 to $232.28. 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. This transaction was executed in multiple trades at prices ranging from $232.48 to $233.05. 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. This transaction was executed in multiple trades at prices ranging from $233.49 to $234.18. 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. This transaction was executed in multiple trades at prices ranging from $234.57 to $235.49. 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. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
Ordinary Shares sold 50,000 shares Aggregate open-market sales on July 15, 2026 by Zhan BVI Co Ltd
Direct holdings after transaction 2,584,610 shares Ordinary Shares held directly by Lam Yat Tung following reported sales
Indirect holdings via EZ Trust 125,000 shares Ordinary Shares indirectly held through EZ Trust after the transactions
Indirect holdings via Zhan BVI Co Ltd 397,724 shares Ordinary Shares indirectly held through Zhan BVI Co Ltd after selling 50,000 shares
Highest reported weighted-average sale price $235.9900 per share One weighted-average price for July 15, 2026 open-market sales
Example trade price range $217.80–$218.77 per share Price range for one group of trades as disclosed in footnote F2
Rule 10b5-1 plan adoption date April 15, 2026 Adoption date of the Cheng Huang Family Trust trading plan governing these sales
Number of sale entries 18 transactions Separate non-derivative sale lines reported for July 15, 2026
Rule 10b5-1 trading plan financial
"The sales were effected pursuant to a Rule 10b5-1 trading plan."
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
"Disclaims beneficial ownership except to the extent of any pecuniary interest."
indirectly held shares financial
"Disclaims beneficial ownership of these indirectly held shares."

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FAQ

What insider transaction did Credo (CRDO) report for Lam Yat Tung?

Credo reported that COO and director Lam Yat Tung, via Zhan BVI Co Ltd, sold 50,000 Ordinary Shares on July 15, 2026 in multiple open-market trades, executed under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust.

How many Credo (CRDO) shares does Lam Yat Tung hold after this sale?

Following the reported sales, Lam Yat Tung holds 2,584,610 Credo Ordinary Shares directly, plus indirect interests in 125,000 shares via EZ Trust and 397,724 shares via Zhan BVI Co Ltd, while disclaiming beneficial ownership of indirectly held shares beyond his and his spouse’s pecuniary interests.

At what prices were the Credo (CRDO) shares sold in this Form 4?

The 50,000 Credo Ordinary Shares were sold in multiple trades at various weighted-average prices. Footnotes describe brackets such as $217.80–$218.77 and $234.57–$235.49 per share, with full trade-by-trade details available on request from the reporting person.

Was the Credo (CRDO) Form 4 sale pre-planned under a Rule 10b5-1 plan?

Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on April 15, 2026, indicating the transactions followed a pre-arranged schedule rather than discretionary market timing.

How are the indirect Credo (CRDO) holdings of Lam Yat Tung structured?

Indirect Credo holdings are reported as 125,000 Ordinary Shares held by EZ Trust and 397,724 shares held by Zhan BVI Co Ltd. Lam Yat Tung disclaims beneficial ownership of these indirectly held shares except to the extent of his and his spouse’s pecuniary interests.

Does this Credo (CRDO) Form 4 include any options or derivative securities?

No. The filing lists only non-derivative transactions in Credo Ordinary Shares. The derivative securities section is empty, and the 50,000 shares reported represent open-market sales rather than option exercises or other derivative conversions.
SEC Form 4
FORM 4UNITED 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*
Lam Yat Tung

(Last)(First)(Middle)
110 RIO ROBLES

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Ordinary Shares07/15/2026S(1)2,276D$218.3645(2)397,724IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)1,224D$219.2742(4)396,500IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)2,662D$220.5379(5)393,838IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)4,038D$221.4966(6)389,800IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)5,600D$222.5581(7)384,200IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)3,075D$223.567(8)381,125IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)1,923D$224.5974(9)379,202IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)5,566D$225.6752(10)373,636IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)9,299D$226.7112(11)364,337IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)5,537D$227.5314(12)358,800IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)1,500D$228.3324(13)357,300IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)800D$229.4788(14)356,500IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)1,797D$230.678(15)354,703IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)2,003D$231.8452(16)352,700IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)1,600D$232.745(17)351,100IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)300D$233.8667(18)350,800IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)700D$235.2743(19)350,100IBy Zhan BVI Co Ltd(3)
Ordinary Shares07/15/2026S(1)100D$235.99350,000IBy Zhan BVI Co Ltd(3)
Ordinary Shares125,000IBy EZ Trust(20)
Ordinary Shares2,584,610D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 April 15, 2026.
2. This transaction was executed in multiple trades at prices ranging from $217.80 to $218.77. 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. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
4. This transaction was executed in multiple trades at prices ranging from $218.88 to $219.78. 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 $219.94 to $220.93. 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.
6. This transaction was executed in multiple trades at prices ranging from $220.97 to $221.92. 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.
7. This transaction was executed in multiple trades at prices ranging from $222.02 to $223.01. 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.
8. This transaction was executed in multiple trades at prices ranging from $223.05 to $224.04. 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.
9. This transaction was executed in multiple trades at prices ranging from $224.09 to $225.06. 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.
10. This transaction was executed in multiple trades at prices ranging from $225.11 to $226.10. 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.
11. This transaction was executed in multiple trades at prices ranging from $226.12 to $227.11. 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.
12. This transaction was executed in multiple trades at prices ranging from $227.13 to $228.05. 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.
13. This transaction was executed in multiple trades at prices ranging from $228.13 to $228.60. 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.
14. This transaction was executed in multiple trades at prices ranging from $229.17 to $230.07. 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.
15. This transaction was executed in multiple trades at prices ranging from $230.23 to $231.15. 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.
16. This transaction was executed in multiple trades at prices ranging from $231.29 to $232.28. 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.
17. This transaction was executed in multiple trades at prices ranging from $232.48 to $233.05. 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.
18. This transaction was executed in multiple trades at prices ranging from $233.49 to $234.18. 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.
19. This transaction was executed in multiple trades at prices ranging from $234.57 to $235.49. 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.
20. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
Remarks:
/s/ James Laufman, attorney-in-fact07/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)