AG˹ٷ

STOCK TITAN

[Form 4] Credo Technology Group Holding Ltd Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Cheng Chi Fung, Chief Technology Officer and director of Credo Technology Group Holding Ltd (CRDO), reported multiple dispositions of ordinary shares on 09/08/2025 executed under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on 09/06/2024. The Form 4 shows a series of sales at weighted-average prices across price bands from $141.52 to $149.02, with the reported total disposition shown as 114,430 shares. After these transactions, the reporting person beneficially owned 7,053,961 ordinary shares indirectly through the Cheng Huang Family Trust, of which he and his spouse are trustees and beneficiaries.

Cheng Chi Fung, Chief Technology Officer e amministratore di Credo Technology Group Holding Ltd (CRDO), ha riportato più alienazioni di azioni ordinarie il 08/09/2025 eseguite ai sensi di un piano di negoziazione Rule 10b5-1 adottato dal Cheng Huang Family Trust il 06/09/2024. Il Modulo 4 mostra una serie di vendite a prezzi medi ponderati compresi nella fascia da $141.52 a $149.02, con il totale delle azioni cedute indicato pari a 114.430 azioni. Dopo queste operazioni, la persona che effettua la segnalazione deteneva indirettamente 7.053.961 azioni ordinarie tramite il Cheng Huang Family Trust, di cui lui e sua moglie sono trustee e beneficiari.

Cheng Chi Fung, Director de Tecnología y miembro del consejo de Credo Technology Group Holding Ltd (CRDO), informó múltiples enajenaciones de acciones ordinarias el 08/09/2025 ejecutadas bajo un plan de negociación Rule 10b5-1 adoptado por el Cheng Huang Family Trust el 06/09/2024. El Formulario 4 muestra una serie de ventas a precios medios ponderados en bandas de precio de $141.52 a $149.02, con el total reportado de disposiciones siendo 114.430 acciones. Tras estas transacciones, la persona informante poseía indirectamente 7.053.961 acciones ordinarias a través del Cheng Huang Family Trust, del cual él y su cónyuge son fideicomisarios y beneficiarios.

Cheng Chi Fung� Credo Technology Group Holding Ltd(CRDO)� 최고기술책임� � 이사로서, 2024� 09� 06� Cheng Huang Family Trust가 채택� Rule 10b5-1 거래 계획� 따라 2025� 09� 08� 여러 보통� 처분� 보고했습니다. Form 4에는 $141.52에서 $149.02 범위� 가격대에서 가중평� 가격으� 이루어진 일련� 매도 내역� 기재되어 있으�, 보고� � 처분 수량은 114,430�� 표시되어 있습니다. � 거래� 이후 보고자는 본인� 배우자가 수탁자이� 수혜자인 Cheng Huang Family Trust� 통해 7,053,961�� 보통주를 간접적으� 보유하고 있습니다.

Cheng Chi Fung, directeur technique et administrateur de Credo Technology Group Holding Ltd (CRDO), a déclaré plusieurs cessions d'actions ordinaires le 08/09/2025 exécutées dans le cadre d'un plan de trading Rule 10b5-1 adopté par le Cheng Huang Family Trust le 06/09/2024. Le formulaire 4 montre une série de ventes à des prix moyens pondérés dans des fourchettes de $141.52 à $149.02, le total des cessions déclaré s'élevant à 114 430 actions. Après ces opérations, la personne déclarante détenait indirectement 7 053 961 actions ordinaires via le Cheng Huang Family Trust, dont lui et son épouse sont fiduciaires et bénéficiaires.

Cheng Chi Fung, Chief Technology Officer und Direktor von Credo Technology Group Holding Ltd (CRDO), meldete mehrere Veräußerungen von Stammaktien am 08.09.2025, ausgeführt im Rahmen eines Rule 10b5-1-Handelsplans, den der Cheng Huang Family Trust am 06.09.2024 angenommen hatte. Das Formular 4 weist eine Reihe von Verkäufen zu gewichteten Durchschnittspreisen in Preisbändern von $141.52 bis $149.02 aus, wobei die gemeldete Gesamtveräußerung mit 114.430 Aktien angegeben ist. Nach diesen Transaktionen hielt die meldende Person indirekt 7.053.961 Stammaktien über den Cheng Huang Family Trust, bei dem er und seine Ehefrau Treuhänder und Begünstigte sind.

Positive
  • Sales were executed under a Rule 10b5-1 trading plan, indicating preplanned dispositions rather than opportunistic insider trades.
  • Full Form 4 disclosure includes weighted-average price ranges and post-transaction beneficial ownership, supporting transparency.
  • Reporting person retains substantial indirect ownership of 7,053,961 ordinary shares via the Cheng Huang Family Trust.
Negative
  • Aggregate disposition of 114,430 shares represents a material insider sale in absolute terms.
  • Sales spanned multiple price bands from $141.52 to $149.02, showing significant volume sold across different prices.

Insights

TL;DR Insider sold 114,430 CRDO shares under a pre-established 10b5-1 plan; holdings remain large and are held via a family trust.

The sales were effected pursuant to a Rule 10b5-1 plan, which indicates preplanned dispositions rather than opportunistic trading. Multiple transactions executed at weighted-average prices between $141.52 and $149.02 are disclosed and the Form 4 reports an aggregate disposition of 114,430 shares. Post-transaction indirect beneficial ownership remains 7,053,961 shares, demonstrating continued substantial economic exposure through the Cheng Huang Family Trust. For investors, this is a compliance-driven insider sale rather than an outright divestiture of all holdings.

TL;DR Director/CTO executed planned sales under a family trust plan; disclosure follows Section 16 reporting norms.

The filing clearly states the sales were executed under a 10b5-1 trading plan adopted by the Cheng Huang Family Trust. The report identifies the trust structure and trusteeship, discloses weighted-average sale prices by trade band, and provides the indirect ownership amount after the transactions. The presence of a documented plan and full Form 4 disclosure aligns with standard governance and insider reporting practices. The continued indirect ownership indicates retained alignment with shareholders via the family trust.

Cheng Chi Fung, Chief Technology Officer e amministratore di Credo Technology Group Holding Ltd (CRDO), ha riportato più alienazioni di azioni ordinarie il 08/09/2025 eseguite ai sensi di un piano di negoziazione Rule 10b5-1 adottato dal Cheng Huang Family Trust il 06/09/2024. Il Modulo 4 mostra una serie di vendite a prezzi medi ponderati compresi nella fascia da $141.52 a $149.02, con il totale delle azioni cedute indicato pari a 114.430 azioni. Dopo queste operazioni, la persona che effettua la segnalazione deteneva indirettamente 7.053.961 azioni ordinarie tramite il Cheng Huang Family Trust, di cui lui e sua moglie sono trustee e beneficiari.

Cheng Chi Fung, Director de Tecnología y miembro del consejo de Credo Technology Group Holding Ltd (CRDO), informó múltiples enajenaciones de acciones ordinarias el 08/09/2025 ejecutadas bajo un plan de negociación Rule 10b5-1 adoptado por el Cheng Huang Family Trust el 06/09/2024. El Formulario 4 muestra una serie de ventas a precios medios ponderados en bandas de precio de $141.52 a $149.02, con el total reportado de disposiciones siendo 114.430 acciones. Tras estas transacciones, la persona informante poseía indirectamente 7.053.961 acciones ordinarias a través del Cheng Huang Family Trust, del cual él y su cónyuge son fideicomisarios y beneficiarios.

Cheng Chi Fung� Credo Technology Group Holding Ltd(CRDO)� 최고기술책임� � 이사로서, 2024� 09� 06� Cheng Huang Family Trust가 채택� Rule 10b5-1 거래 계획� 따라 2025� 09� 08� 여러 보통� 처분� 보고했습니다. Form 4에는 $141.52에서 $149.02 범위� 가격대에서 가중평� 가격으� 이루어진 일련� 매도 내역� 기재되어 있으�, 보고� � 처분 수량은 114,430�� 표시되어 있습니다. � 거래� 이후 보고자는 본인� 배우자가 수탁자이� 수혜자인 Cheng Huang Family Trust� 통해 7,053,961�� 보통주를 간접적으� 보유하고 있습니다.

Cheng Chi Fung, directeur technique et administrateur de Credo Technology Group Holding Ltd (CRDO), a déclaré plusieurs cessions d'actions ordinaires le 08/09/2025 exécutées dans le cadre d'un plan de trading Rule 10b5-1 adopté par le Cheng Huang Family Trust le 06/09/2024. Le formulaire 4 montre une série de ventes à des prix moyens pondérés dans des fourchettes de $141.52 à $149.02, le total des cessions déclaré s'élevant à 114 430 actions. Après ces opérations, la personne déclarante détenait indirectement 7 053 961 actions ordinaires via le Cheng Huang Family Trust, dont lui et son épouse sont fiduciaires et bénéficiaires.

Cheng Chi Fung, Chief Technology Officer und Direktor von Credo Technology Group Holding Ltd (CRDO), meldete mehrere Veräußerungen von Stammaktien am 08.09.2025, ausgeführt im Rahmen eines Rule 10b5-1-Handelsplans, den der Cheng Huang Family Trust am 06.09.2024 angenommen hatte. Das Formular 4 weist eine Reihe von Verkäufen zu gewichteten Durchschnittspreisen in Preisbändern von $141.52 bis $149.02 aus, wobei die gemeldete Gesamtveräußerung mit 114.430 Aktien angegeben ist. Nach diesen Transaktionen hielt die meldende Person indirekt 7.053.961 Stammaktien über den Cheng Huang Family Trust, bei dem er und seine Ehefrau Treuhänder und Begünstigte sind.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cheng Chi Fung

(Last) (First) (Middle)
110 RIO ROBLES

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Credo Technology Group Holding Ltd [ CRDO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 09/08/2025 S(1) 800 D $141.9125(2) 7,108,161 I Cheng Huang Family Trust(3)
Ordinary Shares 09/08/2025 S(1) 1,200 D $143.19(4) 7,106,961 I Cheng Huang Family Trust(3)
Ordinary Shares 09/08/2025 S(1) 3,019 D $144.3483(5) 7,103,942 I Cheng Huang Family Trust(3)
Ordinary Shares 09/08/2025 S(1) 20,891 D $145.3176(6) 7,083,051 I Cheng Huang Family Trust(3)
Ordinary Shares 09/08/2025 S(1) 10,099 D $146.1306(7) 7,072,952 I Cheng Huang Family Trust(3)
Ordinary Shares 09/08/2025 S(1) 7,423 D $147.4634(8) 7,065,529 I Cheng Huang Family Trust(3)
Ordinary Shares 09/08/2025 S(1) 10,039 D $148.0978(9) 7,055,490 I Cheng Huang Family Trust(3)
Ordinary Shares 09/08/2025 S(1) 1,529 D $148.8752(10) 7,053,961 I Cheng Huang Family Trust(3)
Ordinary Shares 114,430 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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 6, 2024.
2. This transaction was executed in multiple trades at prices ranging from $141.52 to $142.27. 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.
3. 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.
4. This transaction was executed in multiple trades at prices ranging from $142.59 to $143.56. 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.
5. This transaction was executed in multiple trades at prices ranging from $143.74 to $144.73. 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.
6. This transaction was executed in multiple trades at prices ranging from $144.74 to $145.73. 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.
7. This transaction was executed in multiple trades at prices ranging from $145.75 to $146.73. 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.
8. This transaction was executed in multiple trades at prices ranging from $146.75 to $147.74. 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.
9. This transaction was executed in multiple trades at prices ranging from $147.75 to $148.72. 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.
10. This transaction was executed in multiple trades at prices ranging from $148.76 to $149.02. 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.
Remarks:
/s/ James Laufman, attorney-in-fact 09/10/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CRDO insider Cheng Chi Fung report on Form 4?

The Form 4 reports multiple dispositions executed on 09/08/2025 under a 10b5-1 plan, totaling 114,430 shares and resulting in 7,053,961 shares indirectly owned.

Were these trades part of a 10b5-1 trading plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on 09/06/2024.

What price range were the CRDO shares sold at?

The filing discloses weighted-average trade price bands with executions ranging from $141.52 to $149.02 across the multiple trades.

How is beneficial ownership held after the transactions?

Post-transaction beneficial ownership is reported as 7,053,961 ordinary shares, held indirectly through the Cheng Huang Family Trust.

Who are the trustees and beneficiaries of the trust?

The filing states the Reporting Person and his spouse are trustees and that the Reporting Person, his spouse, and their children are beneficiaries of the Cheng Huang Family Trust.
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