Family trust tied to Credo (CRDO) CTO sells 27,500 Ordinary Shares
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.
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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
A key detail is that these sales were executed under a pre-established Rule 10b5-1 trading plan adopted on
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.
FAQ
What insider activity did Credo Technology Group (CRDO) report for March 17, 2026?
Who executed the recent Credo Technology Group (CRDO) share sales disclosed on Form 4?
How many Credo Technology Group (CRDO) shares did the CTO-linked trust sell and at what prices?
Was the recent Credo Technology Group (CRDO) insider selling part of a Rule 10b5-1 plan?
How many Credo Technology Group (CRDO) shares does the CTO-associated trust hold after the sales?
Does the Credo Technology Group (CRDO) Form 4 involve any options or derivative securities?