Lam Yat Tung 4
4 · Credo Technology Group Holding Ltd · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Credo (CRDO) COO Lam Yat Tung Sells Shares
What Happened
Lam Yat Tung, Chief Operating Officer of Credo Technology Group Holding Ltd (CRDO), sold a total of 6,360 shares in two transactions. On 2026-04-02 he sold 3,180 shares at $101.45 each for $322,611, and on 2026-04-05 he sold another 3,180 shares at $101.45 each for $322,611 — total proceeds about $645,222. These were reported as sales (S) in the Form 4 filing.
Key Details
- Transaction dates & price: 2026-04-02 and 2026-04-05, both at $101.45 per share.
- Shares sold: 3,180 shares on each date; total 6,360 shares.
- Proceeds: $322,611 each transaction; ~$645,222 total.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes:
- F1: Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- F2: Reporting person disclaims beneficial ownership of certain indirectly held shares except to the extent of any pecuniary interest.
- F3: Reporting person disclaims beneficial ownership except to the extent of his spouse’s pecuniary interest.
- Filing: Form 4 filed 2026-04-06 reporting transactions on 4/2 and 4/5; this appears to be within the normal two-business-day reporting window and not late.
Context
These transactions were outright sales (not purchases or option exercises). Sales by insiders can be routine (e.g., tax-related, diversification, or RSU settlement) and do not by themselves indicate company prospects. The F1 footnote suggests tax-withholding/RSU settlement activity is involved for some shares, and F2/F3 note limited beneficial ownership for certain indirectly held shares.
Insider Transaction Report
- Sale
Ordinary Shares
[F1]2026-04-02$101.45/sh−3,180$322,611→ 2,613,509 total - Sale
Ordinary Shares
[F1]2026-04-05$101.45/sh−3,180$322,611→ 2,610,329 total
- 400,000(indirect: By Zhan BVI Co Ltd)
Ordinary Shares
[F2] - 125,000(indirect: By Trust)
Ordinary Shares
[F3]
Footnotes (3)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- [F2]The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
- [F3]The Reporting Person disclaims beneficial ownership except to the extent of his spouse's pecuniary interest therein.