STOCK TITAN

Family trust tied to Credo (CRDO) CTO sells 27,500 Ordinary Shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd disclosed that the Cheng Huang Family Trust, a trust associated with Chief Technology Officer Cheng Chi Fung, sold a total of 27,500 Ordinary Shares of the company on March 17, 2026 in a series of open-market transactions.

The trades were executed at weighted-average prices ranging from about $102.92 to $125.51 per share, and were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the trust on September 5, 2025. Following these sales, the trust held 6,244,870 Ordinary Shares, while the reporting person also directly held 111,220 Ordinary Shares.

Positive

  • None.

Negative

  • None.

Insights

Planned trust sales totaling 27,500 shares appear routine in scale.

The filing shows the Cheng Huang Family Trust, linked to Credo’s CTO Cheng Chi Fung, sold 27,500 Ordinary Shares of Credo Technology Group Holding Ltd on March 17, 2026. All transactions were coded as open-market sales of non-derivative shares.

A key detail is that these sales were executed under a pre-established Rule 10b5-1 trading plan adopted on September 5, 2025, indicating they were pre-scheduled rather than opportunistic. The filing notes the trust structure, with the reporting person and spouse as trustees and beneficiaries, and a disclaimer of beneficial ownership beyond pecuniary interests.

After the transactions, the trust still held 6,244,870 Ordinary Shares and the reporting person directly held 111,220 shares. This suggests the disposals represent only a small portion of the visible position. The filing does not reference derivatives, and derivativeSummary is empty, so no option exercises are involved here.

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*
Cheng Chi Fung

(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 Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026
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 Shares03/17/2026S(1)3,700D$102.9189(2)6,268,670ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)7,000D$103.7773(4)6,261,670ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)1,100D$104.6791(5)6,260,570ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)1,202D$105.9767(6)6,259,368ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)1,598D$106.6729(7)6,257,770ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)2,500D$108.1211(8)6,255,270ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)1,800D$109.0084(9)6,253,470ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)900D$110.1076(10)6,252,570ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)2,500D$111.3453(11)6,250,070ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)1,800D$112.2868(12)6,248,270ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)300D$113.3233(13)6,247,970ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)900D$114.2533(14)6,247,070ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)400D$115.2675(15)6,246,670ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)200D$116.79(16)6,246,470ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)300D$119.2333(17)6,246,170ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)900D$121.6344(18)6,245,270ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)200D$122.68(19)6,245,070ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)100D$123.646,244,970ICheng Huang Family Trust(3)
Ordinary Shares03/17/2026S(1)100D$125.516,244,870ICheng Huang Family Trust(3)
Ordinary Shares111,220D
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 September 5, 2025.
2. This transaction was executed in multiple trades at prices ranging from $102.27 to $103.26. 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 $103.27 to $104.22. 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 $104.31 to $105.06. 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.
6. This transaction was executed in multiple trades at prices ranging from $105.33 to $106.31. 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 $106.33 to $107.30. 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 $107.61 to $108.60. 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.
9. This transaction was executed in multiple trades at prices ranging from $108.64 to $109.58. 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.
10. This transaction was executed in multiple trades at prices ranging from $109.67 to $110.59. 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.
11. This transaction was executed in multiple trades at prices ranging from $110.85 to $111.82. 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.
12. This transaction was executed in multiple trades at prices ranging from $111.87 to $112.83. 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 $112.89 to $113.75. 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 $113.92 to $114.70. 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 $115.14 to $115.45. 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 $116.75 to $116.83. 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 $119.19 to $119.30. 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 $121.18 to $122.17. 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 $122.52 to $122.84. 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-fact03/19/2026
** 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)

FAQ

What insider activity did Credo Technology Group (CRDO) report for March 17, 2026?

Credo Technology Group reported that the Cheng Huang Family Trust, associated with its CTO, sold 27,500 Ordinary Shares on March 17, 2026 in multiple open-market transactions at various weighted-average prices, as disclosed in a Form 4 insider trading report.

Who executed the recent Credo Technology Group (CRDO) share sales disclosed on Form 4?

The share sales were executed by the Cheng Huang Family Trust, a family trust where Credo’s CTO Cheng Chi Fung and his spouse serve as trustees. The filing states they and their children are beneficiaries, and beneficial ownership is disclaimed beyond their pecuniary interest.

How many Credo Technology Group (CRDO) shares did the CTO-linked trust sell and at what prices?

The CTO-linked Cheng Huang Family Trust sold 27,500 Credo Ordinary Shares in a series of trades. Reported weighted-average sale prices for individual trade groups ranged roughly from $102.92 to $125.51 per share, based on multiple executions within specified intraday price ranges.

Was the recent Credo Technology Group (CRDO) insider selling part of a Rule 10b5-1 plan?

Yes. The filing states the reported sales were effected under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025, indicating the transactions were pre-arranged rather than newly decided at the time of trading.

How many Credo Technology Group (CRDO) shares does the CTO-associated trust hold after the sales?

After the reported transactions, the Cheng Huang Family Trust held 6,244,870 Credo Ordinary Shares. The Form 4 also shows the reporting person directly holding an additional 111,220 Ordinary Shares, providing context for the overall visible equity position.

Does the Credo Technology Group (CRDO) Form 4 involve any options or derivative securities?

No. All reported transactions involve non-derivative Ordinary Shares only. The filing’s derivativeSummary section is empty, and there are no option exercises, conversions, or other derivative-related entries disclosed for this reporting date.
CREDO TECHNOLOGY GROUP HOLDING

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