Cheng Chi Fung 4
4 · Credo Technology Group Holding Ltd · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Credo (CRDO) CTO Cheng Chi Fung Sells 27,500 Shares
What Happened
- Cheng Chi Fung, Chief Technology Officer and director of Credo Technology Group (CRDO), sold a total of 27,500 shares on 2026-01-29 in a series of open-market disposals, generating total proceeds of $3,502,659 (aggregate of reported trades). Reported per-trade weighted average prices range from $123.96 to $134.34; detailed trade price ranges reported span approximately $123.45 to $134.37. These were sales (routine dispositions) executed under a pre-established trading plan.
Key Details
- Transaction date: January 29, 2026; Form 4 filed February 2, 2026 (within two business days — timely).
- Per-line weighted average prices: $123.96, $124.85, $126.23, $127.12, $128.00, $129.16, $131.07, $132.32, $133.24, $134.34; detailed footnotes report multiple-trade price ranges for several line items.
- Total shares sold: 27,500; total proceeds: $3,502,659 (reported).
- Shares owned after the transaction: not specified in the provided excerpt.
- Footnotes of note:
- F1/F3: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust (Sept 5, 2025). The shares sold are held by the Cheng Huang Family Trust; Cheng Chi Fung and his spouse are trustees and he disclaims beneficial ownership except to the extent of pecuniary interest.
- Several footnotes (F2–F12) state trades were executed in multiple fills and the reported price is a weighted average; the reporting person will provide details upon request.
Context
- These sales were carried out under a 10b5-1 plan by the family trust, which generally indicates pre-arranged, rule-compliant dispositions rather than ad-hoc insider timing. For retail investors, purchases by insiders often carry stronger signals than scheduled sales; this filing documents a sizable but planned sale by the trust affiliated with the CTO.
Insider Transaction Report
Form 4
Cheng Chi Fung
DirectorChief Technology Officer
Transactions
- Sale
Ordinary Shares
[F1][F2][F3]2026-01-29$123.96/sh−1,700$210,725→ 6,325,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F4][F3]2026-01-29$124.85/sh−1,232$153,810→ 6,324,438 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F5][F3]2026-01-29$126.23/sh−7,733$976,108→ 6,316,705 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F6][F3]2026-01-29$127.12/sh−9,143$1,162,259→ 6,307,562 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F7][F3]2026-01-29$128.00/sh−2,315$296,331→ 6,305,247 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F8][F3]2026-01-29$129.16/sh−2,576$332,717→ 6,302,671 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F9][F3]2026-01-29$131.07/sh−700$91,746→ 6,301,971 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F10][F3]2026-01-29$132.32/sh−1,301$172,150→ 6,300,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F11][F3]2026-01-29$133.24/sh−600$79,946→ 6,300,070 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F12][F3]2026-01-29$134.34/sh−200$26,867→ 6,299,870 total(indirect: By Trust)
Holdings
- 111,220
Ordinary Shares
Footnotes (12)
- [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 $131.88 to $132.78. 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 $133.05 to $133.46. 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 $134.30 to $134.37. 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 $123.45 to $124.42. 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 $124.45 to $125.43. 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.
- [F5]This transaction was executed in multiple trades at prices ranging from $125.66 to $126.65. 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 $126.66 to $127.63. 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 $127.69 to $128.68. 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.
- [F8]This transaction was executed in multiple trades at prices ranging from $128.97 to $129.59. 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.
- [F9]This transaction was executed in multiple trades at prices ranging from $130.80 to $131.48. 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|2026-02-02