Credo Technology Group Holding Ltd·4

Apr 6, 3:55 PM ET

Lam Yat Tung 4

4 · Credo Technology Group Holding Ltd · Filed Apr 6, 2026

Research Summary

AI-generated summary of this filing

Updated

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

Form 4
Period: 2026-04-02
Lam Yat Tung
DirectorChief Operating Officer
Transactions
  • Sale

    Ordinary Shares

    [F1]
    2026-04-02$101.45/sh3,180$322,6112,613,509 total
  • Sale

    Ordinary Shares

    [F1]
    2026-04-05$101.45/sh3,180$322,6112,610,329 total
Holdings
  • Ordinary Shares

    [F2]
    (indirect: By Zhan BVI Co Ltd)
    400,000
  • Ordinary Shares

    [F3]
    (indirect: By Trust)
    125,000
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.
Signature
/s/ James Laufman, attorney-in-fact|2026-04-06

Documents

1 file
  • 4
    wk-form4_1775505317.xmlPrimary

    FORM 4