Cheng Chi Fung 4
4 · Credo Technology Group Holding Ltd · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Credo (CRDO) CTO Cheng Chi Fung Sells 27,500 Shares
What Happened
- Cheng Chi Fung, Credo Technology Group Holding Ltd (CRDO) Chief Technology Officer and director, reported multiple open-market sales on 2026-03-17 totaling 27,500 ordinary shares for aggregate proceeds of approximately $2,967,311. Individual lots were sold at reported prices from about $102.92 up to $125.51 per share (many lots executed as multiple trades with weighted-average prices reported).
- These are sales (S = sale) and were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025 — i.e., planned, pre-scheduled dispositions rather than ad-hoc purchases.
Key Details
- Transaction date: 2026-03-17 (Form 4 filed 2026-03-19 — timely filing).
- Total shares sold: 27,500; Total proceeds: ~$2,967,311.
- Price range reported / executed: roughly $102.27–$125.51 per share (individual line items list weighted-average prices; several footnotes note actual executions spanned narrow ranges and full trade-level details are available on request).
- Ownership after transaction: Not specified in the provided excerpt. Footnote F3 states these shares are held by the Cheng Huang Family Trust (the reporting person and spouse are trustees; they disclaim beneficial ownership except for pecuniary interest).
- Notable footnotes: F1 — sales under a 10b5-1 plan; multiple footnotes (F2–F19) indicate several transactions were executed in multiple trades and reported as weighted averages.
Context
- Sales executed under a 10b5-1 plan are commonly pre-arranged and are generally treated as routine dispositions rather than fresh indicators of insider sentiment. The filing is informational and factual; it does not state motives.
- If you want the per-trade breakdown (exact times, share counts and prices within the weighted averages), the reporting person has undertaken to provide that information to the SEC staff, issuer, or a security holder upon request.
Insider Transaction Report
Form 4
Cheng Chi Fung
DirectorChief Technology Officer
Transactions
- Sale
Ordinary Shares
[F1][F2][F3]2026-03-17$102.92/sh−3,700$380,800→ 6,268,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F4][F3]2026-03-17$103.78/sh−7,000$726,441→ 6,261,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F5][F3]2026-03-17$104.68/sh−1,100$115,147→ 6,260,570 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F6][F3]2026-03-17$105.98/sh−1,202$127,384→ 6,259,368 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F7][F3]2026-03-17$106.67/sh−1,598$170,463→ 6,257,770 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F8][F3]2026-03-17$108.12/sh−2,500$270,303→ 6,255,270 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F9][F3]2026-03-17$109.01/sh−1,800$196,215→ 6,253,470 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F10][F3]2026-03-17$110.11/sh−900$99,097→ 6,252,570 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F11][F3]2026-03-17$111.35/sh−2,500$278,363→ 6,250,070 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F12][F3]2026-03-17$112.29/sh−1,800$202,116→ 6,248,270 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F13][F3]2026-03-17$113.32/sh−300$33,997→ 6,247,970 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F14][F3]2026-03-17$114.25/sh−900$102,828→ 6,247,070 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F15][F3]2026-03-17$115.27/sh−400$46,107→ 6,246,670 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F16][F3]2026-03-17$116.79/sh−200$23,358→ 6,246,470 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F17][F3]2026-03-17$119.23/sh−300$35,770→ 6,246,170 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F18][F3]2026-03-17$121.63/sh−900$109,471→ 6,245,270 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F19][F3]2026-03-17$122.68/sh−200$24,536→ 6,245,070 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F3]2026-03-17$123.64/sh−100$12,364→ 6,244,970 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F3]2026-03-17$125.51/sh−100$12,551→ 6,244,870 total(indirect: By Trust)
Holdings
- 111,220
Ordinary Shares
Footnotes (19)
- [F1]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 5, 2025.
- [F10]This transaction was executed in multiple trades at prices ranging from $109.67 to $110.59. 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.
- [F11]This transaction was executed in multiple trades at prices ranging from $110.85 to $111.82. 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.
- [F12]This transaction was executed in multiple trades at prices ranging from $111.87 to $112.83. 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.
- [F13]This transaction was executed in multiple trades at prices ranging from $112.89 to $113.75. 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.
- [F14]This transaction was executed in multiple trades at prices ranging from $113.92 to $114.70. 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.
- [F15]This transaction was executed in multiple trades at prices ranging from $115.14 to $115.45. 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.
- [F16]This transaction was executed in multiple trades at prices ranging from $116.75 to $116.83. 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.
- [F17]This transaction was executed in multiple trades at prices ranging from $119.19 to $119.30. 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.
- [F18]This transaction was executed in multiple trades at prices ranging from $121.18 to $122.17. 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.
- [F19]This transaction was executed in multiple trades at prices ranging from $122.52 to $122.84. 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.
- [F2]This transaction was executed in multiple trades at prices ranging from $102.27 to $103.26. 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.
- [F3]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.
- [F4]This transaction was executed in multiple trades at prices ranging from $103.27 to $104.22. 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.
- [F5]This transaction was executed in multiple trades at prices ranging from $104.31 to $105.06. 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.
- [F6]This transaction was executed in multiple trades at prices ranging from $105.33 to $106.31. 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.
- [F7]This transaction was executed in multiple trades at prices ranging from $106.33 to $107.30. 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.
- [F8]This transaction was executed in multiple trades at prices ranging from $107.61 to $108.60. 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.
- [F9]This transaction was executed in multiple trades at prices ranging from $108.64 to $109.58. 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.
Signature
/s/ James Laufman, attorney-in-fact|2026-03-19