Credo Technology (CRDO) COO sells 55,998 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credo Technology Group Holding Ltd Chief Operating Officer Lam Yat Tung reported open-market sales of 55,998 ordinary shares of CRDO on July 15, 2026, executed in 18 tranches and effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust. After these transactions he held 2,638,008 ordinary shares directly and reported additional indirect interests in 125,000 shares held by EZ Trust and 400,000 shares held by Zhan BVI Co Ltd, while disclaiming beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
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Insider Trade Summary 10b5-1
Net Seller: 55,998 shares ($12,624,400)
Net Sell
20 txns
Insider
Lam Yat Tung
Role
Chief Operating Officer
Sold
55,998 shs ($12.62M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,600 | $218.4312 | $568K |
| Sale | Ordinary Shares | 1,303 | $219.1963 | $286K |
| Sale | Ordinary Shares | 2,717 | $220.5306 | $599K |
| Sale | Ordinary Shares | 4,080 | $221.3886 | $903K |
| Sale | Ordinary Shares | 6,400 | $222.4582 | $1.42M |
| Sale | Ordinary Shares | 3,275 | $223.3156 | $731K |
| Sale | Ordinary Shares | 2,714 | $224.3572 | $609K |
| Sale | Ordinary Shares | 5,348 | $225.603 | $1.21M |
| Sale | Ordinary Shares | 10,494 | $226.6217 | $2.38M |
| Sale | Ordinary Shares | 6,767 | $227.411 | $1.54M |
| Sale | Ordinary Shares | 2,200 | $228.2387 | $502K |
| Sale | Ordinary Shares | 1,000 | $229.3511 | $229K |
| Sale | Ordinary Shares | 1,600 | $230.6252 | $369K |
| Sale | Ordinary Shares | 2,100 | $231.7329 | $487K |
| Sale | Ordinary Shares | 2,300 | $232.704 | $535K |
| Sale | Ordinary Shares | 300 | $233.9209 | $70K |
| Sale | Ordinary Shares | 700 | $235.327 | $165K |
| Sale | Ordinary Shares | 100 | $235.99 | $24K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 2,638,008 shares (Direct);
Ordinary Shares — 400,000 shares (Indirect, By Zhan BVI Co Ltd)
Footnotes (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 $217.87 to $218.80. 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. This transaction was executed in multiple trades at prices ranging from $218.88 to $219.69. 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. This transaction was executed in multiple trades at prices ranging from $219.89 to $220.88. 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. This transaction was executed in multiple trades at prices ranging from $220.89 to $221.85. 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. This transaction was executed in multiple trades at prices ranging from $221.90 to $222.88. 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. This transaction was executed in multiple trades at prices ranging from $222.91 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. This transaction was executed in multiple trades at prices ranging from $223.92 to $224.90. 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. This transaction was executed in multiple trades at prices ranging from $224.92 to $225.91. 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 $225.96 to $226.95. 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 $226.96 to $227.94. 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. This transaction was executed in multiple trades at prices ranging from $227.96 to $228.55. 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. This transaction was executed in multiple trades at prices ranging from $229.05 to $229.93. 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 $230.20 to $231.11. 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 $231.22 to $232.21. 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. This transaction was executed in multiple trades at prices ranging from $232.34 to $233.20. 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 $233.52 to $234.43. 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 $234.80 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 of these indirectly held shares except to the extent of any pecuniary interest therein. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
Key Figures
Shares sold: 55998 shares
Sale transactions: 18 sales
Direct holdings after trades: 2638008 shares
+3 more
6 metrics
Shares sold
55998 shares
Aggregate ordinary shares sold on 2026-07-15
Sale transactions
18 sales
Number of open-market sale tranches reported for 2026-07-15
Direct holdings after trades
2638008 shares
Ordinary shares held directly following the last reported sale
Indirect holdings via EZ Trust
125000 shares
Ordinary shares reported as indirectly held by EZ Trust
Indirect holdings via Zhan BVI Co Ltd
400000 shares
Ordinary shares reported as indirectly held by Zhan BVI Co Ltd
Example sale price
$235.9900 per share
Per-share price for one tranche of ordinary share sales
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, beneficial ownership, pecuniary interest
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 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"
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these indirectly held shares"
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.
pecuniary interest financial
"except to the extent of any pecuniary interest therein"
FAQ
What insider transaction did CRDO’s COO Lam Yat Tung report?
Lam Yat Tung reported open-market sales of 55,998 ordinary shares of Credo Technology Group Holding Ltd (CRDO) on July 15, 2026. These were executed in 18 tranches under a pre-arranged Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust.
What does the Rule 10b5-1 trading plan mean for CRDO’s insider sales?
Footnotes state the sales were made under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust. Such plans allow insiders to pre-schedule trades, so these CRDO share sales were carried out according to that pre-established arrangement rather than ad hoc decisions.