Cheng Chi Fung 4
4 · Credo Technology Group Holding Ltd · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Credo Technology (CRDO) CTO Cheng Chi Fung Sells Shares
What Happened
- Cheng Chi Fung, Credo Technology Group (CRDO) Chief Technology Officer and director, sold a total of 27,500 ordinary shares in open-market/private sales on June 30, 2026. The sales were executed in many trades at prices ranging roughly from $244.80 to $275.32; the aggregate proceeds were approximately $7,420,535. All transactions are reported as sales (code S) and were effected pursuant to a pre-established plan.
Key Details
- Transaction date: June 30, 2026; Filing date: July 2, 2026 (appears filed within the normal 2-business-day window).
- Shares sold: 27,500 total; Price range across trades: ~$244.80 to ~$275.32; Total proceeds: ~$7,420,535.
- Shares owned after transaction: Not specified in the data provided (see original Form 4 for post-transaction holdings).
- Notable footnotes: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust (Sept 5, 2025). Multiple reported line items reflect weighted-average prices for blocks executed in multiple trades; the reporting person disclaims beneficial ownership of trust-held shares except for pecuniary interest.
- Transaction type: Routine/planned sale under a 10b5-1 plan (not an option exercise, gift, or award).
Context
- Sales executed under a Rule 10b5-1 plan are pre-arranged trading programs that allow insiders to sell while limiting allegations of trading on nonpublic information; they are commonly interpreted as preplanned rather than ad-hoc signals of sentiment.
- The filing indicates the shares sold were held by the Cheng Huang Family Trust (the reporting person is a trustee and beneficiary), so some shares reported were trust-owned and sold under the plan.
Insider Transaction Report
Form 4
Cheng Chi Fung
DirectorChief Technology Officer
Transactions
- Sale
Ordinary Shares
[F1][F2][F3]2026-06-30$245.12/sh−200$49,024→ 5,937,170 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F3]2026-06-30$249.95/sh−100$24,995→ 5,937,070 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F3]2026-06-30$251.93/sh−100$25,193→ 5,936,970 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F4][F3]2026-06-30$253.44/sh−300$76,033→ 5,936,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F3]2026-06-30$254.81/sh−100$25,481→ 5,936,570 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F5][F3]2026-06-30$256.17/sh−400$102,467→ 5,936,170 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F6][F3]2026-06-30$257.21/sh−500$128,606→ 5,935,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F7][F3]2026-06-30$258.15/sh−200$51,630→ 5,935,470 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F8][F3]2026-06-30$259.87/sh−300$77,960→ 5,935,170 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F9][F3]2026-06-30$261.14/sh−600$156,682→ 5,934,570 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F10][F3]2026-06-30$263.42/sh−600$158,050→ 5,933,970 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F11][F3]2026-06-30$265.07/sh−200$53,014→ 5,933,770 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F3]2026-06-30$266.08/sh−100$26,608→ 5,933,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F12][F3]2026-06-30$267.95/sh−700$187,562→ 5,932,970 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F13][F3]2026-06-30$269.03/sh−2,855$768,073→ 5,930,115 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F14][F3]2026-06-30$269.90/sh−2,758$744,384→ 5,927,357 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F15][F3]2026-06-30$270.92/sh−3,524$954,711→ 5,923,833 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F16][F3]2026-06-30$271.91/sh−4,815$1,309,241→ 5,919,018 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F17][F3]2026-06-30$272.98/sh−5,948$1,623,694→ 5,913,070 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F18][F3]2026-06-30$273.91/sh−2,600$712,164→ 5,910,470 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F19][F3]2026-06-30$274.94/sh−600$164,963→ 5,909,870 total(indirect: By Trust)
Holdings
- 146,608
Ordinary Shares
Footnotes (19)
- [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 $263.07 to $263.60. 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 $264.90 to $265.24. 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 $267.36 to $268.21. 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.
- [F13]This transaction was executed in multiple trades at prices ranging from $268.41 to $269.36. 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.
- [F14]This transaction was executed in multiple trades at prices ranging from $269.41 to $270.38. 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.
- [F15]This transaction was executed in multiple trades at prices ranging from $270.42 to $271.39. 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.
- [F16]This transaction was executed in multiple trades at prices ranging from $271.47 to $272.46. 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.
- [F17]This transaction was executed in multiple trades at prices ranging from $272.51 to $273.50. 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.
- [F18]This transaction was executed in multiple trades at prices ranging from $273.52 to $274.48. 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.
- [F19]This transaction was executed in multiple trades at prices ranging from $274.55 to $275.32. 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 $244.80 to $245.44. 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 $253.41 to $253.51. 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 $255.87 to $256.74. 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 $256.96 to $257.34. 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 $258.13 to $258.17. 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 $259.41 to $260.17. 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 $260.70 to $261.35. 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|2026-07-02