Credo (CRDO) CTO Cheng Chi Fung Sells 3,790 Shares

What Happened Cheng Chi Fung, Chief Technology Officer and a director of Credo Technology Group Holding Ltd (CRDO), disposed of 3,790 ordinary shares on 2026-09-04 at $170.00 per share, for a total of approximately $644,300. The transaction is reported as a sale (open market or private sale) and thus represents a disposition rather than a purchase.

Key Details

• Transaction date and price: 2026-09-04 — 3,790 shares sold at $170.00 each.
• Total value: ≈ $644,300.
• Report filed: 2026-09-09 (filed five days after the trade; Form 4s are normally due within two business days, so this appears late).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: The sold shares are tied to the Cheng Huang Family Trust (Cheng Huang Family Trust U/T/A DTD 12/22/2003), of which the reporting person and his spouse are trustees; the reporting person disclaims beneficial ownership except to the extent of their pecuniary interest.

Context

• This was a sale (not a purchase), which many insiders execute for personal or diversification reasons; sales do not by themselves signal company outlook.
• The filing indicates the shares are held via a family trust; that structure can affect who is considered the beneficial owner for reporting purposes.