Credo Technology: CTO Cheng Chi Fung sold 31,290 shares

What happened

• Cheng Chi Fung, chief technology officer and director, reported sales of 31,290 ordinary shares of Credo Technology Group Holding Ltd. The total reported proceeds were $6,072,308.
• On Oct 12, 2026 he sold 3,790 shares at $201.84 for $764,955. On Oct 13, 2026 he sold 27,500 shares at prices reported between $186.11 and $199.56 for $5,307,353 (individual trades reported with weighted average prices).

Key details

• Transaction dates and prices: Oct 12, 2026 (3,790 shares at $201.84); Oct 13, 2026 (multiple sales totaling 27,500 shares with reported prices from $186.11 to $199.56; several entries reflect weighted-average prices executed in multiple trades).
• Total shares sold: 31,290. Total proceeds: $6,072,308.
• Transaction code: S (sale) for all reported trades.
• Footnotes: the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on Sep 5, 2025 (footnote F1). Several transactions note they were executed in multiple trades and the reported price is a weighted average; the reporting person undertakes to provide full execution details on request (footnotes F2 and F4–F16). Footnote F3 states the shares are held by the Cheng Huang Family Trust, of which the reporting person and his spouse are trustees and beneficiaries, and the reporting person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest.
• Filing date: Oct 14, 2026. Shares owned after the transactions: not specified in the provided filing excerpt.

Why it may matter

• The filing reports open-market sales made under a Rule 10b5-1 plan and multiple executions with weighted-average prices; it does not indicate options exercises, gifts, tax withholding, or derivatives in these entries.
• A filing does not show why the insider traded or why the company acted.