Credo Technology insider sale: 80,000 shares via 10b5-1
Rhea-AI Filing Summary
Credo Technology Group (CRDO) reported insider activity: a director and Chief Operating Officer sold 80,000 ordinary shares on 10/01/2025 in multiple trades under a Rule 10b5-1 trading plan adopted on July 2, 2025.
The sales were executed at weighted average prices between $141.6018 and $145.1814, with trade ranges from $141.01 to $145.60. Following these transactions, the reporting person beneficially owned 920,000 shares indirectly via Zhan BVI Co Ltd, 125,000 shares indirectly via EZ Trust, and 2,628,403 shares directly. The filing notes that indirect holdings are disclaimed except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 80,000 shares
Net Sell
7 txns
Insider
Lam Yat Tung
Role
Chief Operating Officer
Sold
80,000 shs ($11.48M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 4,700 | $141.6018 | $666K |
| Sale | Ordinary Shares | 19,233 | $142.7065 | $2.74M |
| Sale | Ordinary Shares | 31,197 | $143.5223 | $4.48M |
| Sale | Ordinary Shares | 22,256 | $144.4823 | $3.22M |
| Sale | Ordinary Shares | 2,614 | $145.1814 | $380K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 920,000 shares (Indirect, By Zhan BVI Co Ltd);
Ordinary Shares — 125,000 shares (Indirect, By EZ Trust);
Ordinary Shares — 2,628,403 shares (Direct)
Footnotes (8)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 2, 2025.
- F2. This transaction was executed in multiple trades at prices ranging from $141.01 to $141.98. 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. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
- F4. This transaction was executed in multiple trades at prices ranging from $142.03 to $143.02. 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 $143.03 to $144.02. 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 $144.03 to $145.02. 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 $145.03 to $145.60. 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.
- F8. The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.
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FAQ
What insider transaction did CRDO report on Form 4?
A director and Chief Operating Officer sold 80,000 ordinary shares on 10/01/2025 via multiple trades.
Was the CRDO insider sale under a Rule 10b5-1 plan?
Yes. The sales were made pursuant to a Rule 10b5-1 plan adopted on July 2, 2025.
What roles does the reporting person hold at CRDO?
The reporting person is a Director and Chief Operating Officer.
Does the insider disclaim beneficial ownership of indirect holdings?
Yes. Indirect holdings are disclaimed except to the extent of any pecuniary interest.