Credo Technology Group: COO Lam Yat Tung sold 200,000 shares

What happened

• Lam Yat Tung, chief operating officer, reported a gift transaction on Oct 7, 2026. The Form 4 shows a disposition of 200,000 ordinary shares at $0.00 and a corresponding acquisition of 200,000 ordinary shares at $0.00. The filing lists the recipient as the Lam GRAT 2026 II, a grantor retained annuity trust.

Key details

• Transaction date: Oct 7, 2026; filing date: Oct 9, 2026.
• Transaction codes: G (gift) — disposition of 200,000 shares and acquisition of 200,000 shares, both at $0.00.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes:
  • F1: Gift of 200,000 ordinary shares to the Lam GRAT 2026 II, a grantor retained annuity trust, for which the reporting person is a co-trustee.
  • F2: Reporting person disclaims beneficial ownership of these 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 timeliness: the Form 4 was filed two days after the transaction date (filing date Oct 9, 2026).

Why it may matter

• This filing records a gift transaction, which is not a market trade executed on an exchange.
• The filing does not show why the insider traded or why the company acted.