Lam Yat Tung 4

What Happened Lam Yat Tung, Chief Operating Officer of Credo Technology Group (CRDO), reported a gift (transaction code G) of 7,000 common shares on 2026-06-23. The shares were disposed at a reported price of $0.00, giving a reported transaction value of $0. This was a gift (transfer), not a sale or purchase.

Key Details

• Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (filed two days after the transaction, which appears timely under Form 4 rules).
• Transaction type: Gift (G); shares disposed: 7,000; price per share: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — the reporting person disclaims beneficial ownership except to the extent of his spouse’s pecuniary interest; F2 — disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest.
• No 10b5-1 plan, tax-withholding, option exercise, or sale reported in this transaction.

Context Gifts by insiders are transfers of ownership (often to family members or trusts) and do not necessarily signal confidence or concern about the company’s prospects. The filing’s disclaimers indicate limited claimed beneficial ownership (spouse/indirect holdings), which can affect how much economic interest the insider asserts. This report appears routine and informational rather than a market sentiment indicator.