Credo Technology CTO Chi Fung Cheng Sells $4.48M in Ordinary Shares Under 10b5-1 Plan
Credo Technology Group Holding Ltd
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Filing Summary
Insider Sale Alert: Credo Technology Group Holding Ltd ($CRDO) • Insider: Cheng Chi Fung (Chief Technology Officer & Director) • Transaction: Sold 27,500 Ordinary Shares at an average price of ~$162.73 • Total Value: $4,475,185.12 • Post-Transaction Holdings: 5,744,897 shares (Indirect via Trust) + 136,568 shares (Direct) • Notes: Executed under a pre-established Rule 10b5-1 trading plan adopted on September 5, 2025.
Comprehensive Analysis
Insider Transaction Summary
On September 11, 2026, Cheng Chi Fung, Chief Technology Officer and Director of Credo Technology Group Holding Ltd ($CRDO), executed open-market sales totaling 27,500 ordinary shares across four tranches for a combined value of approximately $4,475,185.12.
Key Details:
- Filing Date: September 15, 2026
- Transaction Date: September 11, 2026
- Security: Ordinary Shares
- Weighted Average Sale Price: ~$162.73 per share (ranging from $160.60 to $164.52)
- Nature of Ownership: Indirect ownership via the Cheng Huang Family Trust
- Remaining Holdings: 5,744,897 shares held indirectly via trust; 136,568 shares held directly
Trading Plan Context:
The transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. Given the pre-planned nature and the fact that the sale represents less than 0.5% of the insider's total beneficial holdings, this disposition is categorized as routine portfolio management.
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