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Credo Technology COO Lam Yat Tung Executes $10.26M Open Market Sale Under Rule 10b5-1 Plan

Medium SignificanceOctober 2, 2026 at 5:53:39 PM EDT

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Filing Summary

Credo Technology Group Holding Ltd ($CRDO) Form 4 Filing Update

Insider: Lam Yat Tung (Chief Operating Officer, Director) Transaction: Open Market Sale (10b5-1 Plan) Date: 2026-10-01 Shares Sold: 50,000 @ $205.2175 (avg) Total Value: ~$10,260,875 Remaining Direct Holdings: 2,250,989 shares (post-tax withholding on 2026-10-02)

Note: An additional 3,180 shares ($668,340) were withheld for taxes on 2026-10-02, and 75,000 shares were gifted to a spousal lifetime access trust on 2026-09-30.

Comprehensive Analysis

Insider Transaction Overview

On October 1, 2026, Lam Yat Tung, Chief Operating Officer and Director of Credo Technology Group Holding Ltd ($CRDO), executed an open-market sale of 50,000 ordinary shares at a weighted-average price of $205.2175 per share, resulting in gross proceeds of approximately $10,260,875.

Transaction Details

  • Open Market Sale (Code S): 50,000 shares sold on October 1, 2026, at prices ranging between $205.00 and $205.76 under an affirmative Rule 10b5-1 trading plan adopted on April 15, 2026.
  • Tax Withholding (Code F): 3,180 shares withheld on October 2, 2026, at $210.17 per share to cover tax obligations from RSU vesting.
  • Gift Transfer (Code G): On September 30, 2026, 75,000 shares were transferred by the reporting person's spouse to the JL Trust (a spousal lifetime access trust for which Lam Yat Tung serves as trustee).

Holdings Context

Following these transactions, Lam Yat Tung directly holds 2,250,989 ordinary shares. In addition, the insider retains indirect beneficial ownership in:

  • 75,000 shares held by the JL Trust
  • 250,000 shares held by Zhan BVI Co Ltd
  • 125,000 shares held by EZ Trust
  • 100,000 shares held by Lam GRAT 2026

The 50,000-share sale represents approximately 2.1% of the insider's direct holdings prior to the sale.

Topics:#CRDO#InsiderTrading#CredoTechnology#Semiconductors#SEC

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