Cheng Chi Fung 4
4 · Credo Technology Group Holding Ltd · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
Credo Technology (CRDO) CTO Cheng Chi Fung Sells Shares
What Happened Cheng Chi Fung, Credo Technology Group Holding Ltd's Chief Technology Officer and director, sold a total of 30,000 ordinary shares in open-market transactions on January 22, 2026, generating aggregate proceeds of $4,089,940 (~$136.33 average per share). The sales were reported on Form 4 filed January 26, 2026. Each lot was sold at varying weighted-average prices between about $133 and $143.55 (individual lots and totals listed in the filing).
Key Details
- Transaction type: S = Sale (open market).
- Date of transactions (period of report): January 22, 2026; Form 4 filed January 26, 2026 (timely within the 2-business-day requirement).
- Shares sold: 30,000 total across multiple lots (see filing); aggregate proceeds $4,089,940; approximate weighted-average price ~$136.33/share.
- Price ranges: individual lots reported with weighted averages from $133.15 up to $143.54; several lots were executed in multiple trades across disclosed price ranges (filing footnotes indicate specific ranges for each lot).
- Ownership note: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust (Sept 5, 2025). The filing states these shares are held by the Cheng Huang Family Trust (the Reporting Person is a trustee and disclaims beneficial ownership except for pecuniary interest).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Filing timeliness: Filed on Jan 26, 2026 for Jan 22 transactions — appears timely.
Context
- These were open-market sales executed under a pre-established 10b5-1 plan, which generally indicates pre-planned, rule-compliant selling rather than opportunistic trading based on new company information.
- Sales (S) are common for insiders for diversification or liquidity; unlike purchases, they are typically less indicative of a positive near-term signal about the company’s prospects.
- Footnotes note the reporting person will provide detailed trade-by-trade prices and quantities on request to the SEC, issuer, or security holders.
Insider Transaction Report
Form 4
Cheng Chi Fung
DirectorChief Technology Officer
Transactions
- Sale
Ordinary Shares
[F1][F2][F3]2026-01-22$133.15/sh−1,400$186,407→ 6,355,970 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F4][F3]2026-01-22$134.07/sh−5,024$673,591→ 6,350,946 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F5][F3]2026-01-22$135.07/sh−6,239$842,696→ 6,344,707 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F6][F3]2026-01-22$136.24/sh−5,038$686,391→ 6,339,669 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F7][F3]2026-01-22$137.15/sh−5,744$787,784→ 6,333,925 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F8][F3]2026-01-22$138.28/sh−3,928$543,183→ 6,329,997 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F9][F3]2026-01-22$138.91/sh−700$97,240→ 6,329,297 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F10][F3]2026-01-22$140.21/sh−700$98,146→ 6,328,597 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F11][F3]2026-01-22$140.96/sh−427$60,191→ 6,328,170 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F12][F3]2026-01-22$142.50/sh−500$71,249→ 6,327,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F13][F3]2026-01-22$143.54/sh−300$43,062→ 6,327,370 total(indirect: By Trust)
Holdings
- 111,220
Ordinary Shares
Footnotes (13)
- [F1]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.
- [F10]This transaction was executed in multiple trades at prices ranging from $139.86 to $140.45. 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.
- [F11]This transaction was executed in multiple trades at prices ranging from $140.87 to $141.33. 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.
- [F12]This transaction was executed in multiple trades at prices ranging from $141.93 to $142.88. 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.
- [F13]This transaction was executed in multiple trades at prices ranging from $143.23 to $143.81. 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.
- [F2]This transaction was executed in multiple trades at prices ranging from $132.61 to $133.56. 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]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.
- [F4]This transaction was executed in multiple trades at prices ranging from $133.63 to $134.60. 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.
- [F5]This transaction was executed in multiple trades at prices ranging from $134.70 to $135.69. 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.
- [F6]This transaction was executed in multiple trades at prices ranging from $135.71 to $136.70. 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.
- [F7]This transaction was executed in multiple trades at prices ranging from $136.75 to $137.73. 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]This transaction was executed in multiple trades at prices ranging from $137.77 to $138.68. 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.
- [F9]This transaction was executed in multiple trades at prices ranging from $138.78 to $139.06. 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.
Signature
/s/ James Laufman, attorney-in-fact|2026-01-26