Credo (CRDO) COO Lam Yat Tung Sells 105,441 Shares

What Happened
Lam Yat Tung, Chief Operating Officer of Credo Technology Group (CRDO), sold a total of 105,441 shares on July 31, 2026 in a series of open‑market transactions (transaction code: S). The reported trades were executed at weighted average prices between about $209.83 and $216.49 depending on the lot, generating aggregate proceeds of approximately $22,476,647. The sales were reported to have been effected pursuant to a Rule 10b5‑1 trading plan adopted April 15, 2026.

Key Details

• Transaction date: July 31, 2026 (Form 4 filed August 4, 2026).
• Total shares sold: 105,441; total proceeds: ~$22.48 million.
• Reported per‑lot weighted average prices ranged roughly from $209.83 to $216.49; several lots note they were executed in multiple trades at price ranges (see footnotes F10–F16).
• Notable footnotes: F1 — sales were made under a 10b5‑1 trading plan (adopted Apr 15, 2026); multiple footnotes confirm trades were executed in multiple fills and the reported prices are weighted averages. F17 disclaims beneficial ownership except to the extent of the reporting person’s spouse’s pecuniary interest.
• Shares owned after the transactions: not provided in the supplied excerpt — check the full Form 4 for post‑transaction holdings and exact timeliness status.

Context

• These were programmed sales under a 10b5‑1 plan, which typically means the trades were pre‑planned and not necessarily a new signal about the insider’s view of the company.
• Sales (S) are common for executives for diversification, tax, or liquidity reasons; purchases are generally regarded as stronger signals of insider bullishness.
• The filing notes the reporter can provide the detailed per‑trade breakdowns on request (SEC/issuer/securityholder).