Cheng Chi Fung 4

What Happened

• Cheng Chi Fung, Credo Technology Group Holding Ltd (CRDO) Chief Technology Officer and director, reported multiple open-market sales on 2026-03-17 totaling 27,500 ordinary shares for aggregate proceeds of approximately $2,967,311. Individual lots were sold at reported prices from about $102.92 up to $125.51 per share (many lots executed as multiple trades with weighted-average prices reported).
• These are sales (S = sale) and were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025 — i.e., planned, pre-scheduled dispositions rather than ad-hoc purchases.

Key Details

• Transaction date: 2026-03-17 (Form 4 filed 2026-03-19 — timely filing).
• Total shares sold: 27,500; Total proceeds: ~$2,967,311.
• Price range reported / executed: roughly $102.27–$125.51 per share (individual line items list weighted-average prices; several footnotes note actual executions spanned narrow ranges and full trade-level details are available on request).
• Ownership after transaction: Not specified in the provided excerpt. Footnote F3 states these shares are held by the Cheng Huang Family Trust (the reporting person and spouse are trustees; they disclaim beneficial ownership except for pecuniary interest).
• Notable footnotes: F1 — sales under a 10b5-1 plan; multiple footnotes (F2–F19) indicate several transactions were executed in multiple trades and reported as weighted averages.

Context

• Sales executed under a 10b5-1 plan are commonly pre-arranged and are generally treated as routine dispositions rather than fresh indicators of insider sentiment. The filing is informational and factual; it does not state motives.
• If you want the per-trade breakdown (exact times, share counts and prices within the weighted averages), the reporting person has undertaken to provide that information to the SEC staff, issuer, or a security holder upon request.