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Credo Technology CTO Chi Fung Cheng Sells $644K in Ordinary Shares

Low SignificanceSeptember 10, 2026 at 12:10:52 PM EDT

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Filing Summary

🚨 INSIDER TRANSACTION ALERT: Credo Technology Group Holding Ltd ($CRDO)
šŸ‘¤ Insider: Chi Fung Cheng (Chief Technology Officer & Director)
šŸ“… Date: 2026-09-04 | Filed: 2026-09-09
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Action: Disposed (Sale)
Shares Sold: 3,790 @ $170.00
Total Value: $644,300.00
Direct Ownership Post-Trade: 136,568 shares
Indirect Ownership (Trust): 5,772,397 shares
Significance: Low (Minor disposition relative to overall holdings)
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Comprehensive Analysis

Insider Transaction Overview

On September 4, 2026, Chi Fung Cheng, Chief Technology Officer and Director of Credo Technology Group Holding Ltd ($CRDO), executed an open market sale of 3,790 Ordinary Shares at a price of $170.00 per share, totaling $644,300.

Position & Holdings Context

  • Direct Holdings Post-Transaction: 136,568 ordinary shares.
  • Indirect Holdings: 5,772,397 ordinary shares held via the Cheng Huang Family Trust.
  • Total Beneficial Ownership: 5,908,965 shares.
  • Transaction Impact: The sale represents approximately 2.70% of direct holdings and less than 0.10% of total beneficial ownership.

Market & Significance Assessment

  • Significance Level: Low.
  • Given the nominal share volume relative to the insider's total equity stake of over 5.77 million shares, this sale appears to be routine portfolio rebalancing or liquidity generation and does not signal a material shift in insider sentiment.
Topics:$CRDO#CredoTechnology#InsiderSelling#Form4#Semiconductors

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