Credo Technology COO Lam Yat Tung Transfers 200,000 Shares to GRAT
Credo Technology Group Holding Ltd
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Filing Summary
📋 Form 4 Filed for Credo Technology Group Holding Ltd ($CRDO) Insider: Lam Yat Tung (Chief Operating Officer, Director) Transaction: Gift (Transfer to GRAT) | 200,000 Ordinary Shares @ $0.00 Total Value: $0.00 Shares Remaining (Direct): 2,047,809 Significance: Low (Estate Planning Transfer)
Comprehensive Analysis
Transaction Summary
On October 7, 2026, Lam Yat Tung, Chief Operating Officer and Director of Credo Technology Group Holding Ltd ($CRDO), executed a transfer of 200,000 ordinary shares via a gift (Transaction Code 'G') for $0.00 per share. The transaction reflects a transfer from direct ownership to indirect ownership held by the Lam GRAT 2026 II, a grantor retained annuity trust where the reporting person serves as co-trustee.
Ownership Structure Post-Transaction
Following the transfer:
- Direct Ownership: 2,047,809 ordinary shares.
- Indirect Holdings:
- Lam GRAT 2026 II: 200,000 shares
- Zhan BVI Co Ltd: 250,000 shares
- EZ Trust: 125,000 shares
- Lam GRAT 2026: 100,000 shares
- JL Trust: 75,000 shares
Market Impact & Significance
This transaction carries Low trading significance as it represents an internal estate-planning transfer rather than an open-market sale or purchase. There is no cash consideration, and the reporting person retains indirect pecuniary interest as co-trustee.
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