Credo Technology Director & Officer Files Form 144 for $765K Share Sale

Executive Summary

On October 13, 2026, Lawrence Chi Fung Cheng, an Officer and Director of Credo Technology Group Holding Ltd ($CRDO), filed a Form 144 notice proposing the sale of 3,790 shares of common stock with an aggregate market value of approximately $764,954.65. The approximate execution date indicated is October 12, 2026, handled through Morgan Stanley Smith Barney LLC.

Transaction Details

• Security: Common Stock
• Shares Proposed for Sale: 3,790
• Aggregate Market Value: $764,954.65 (~$201.84 per share)
• Shares Outstanding: 187,951,918
• Percentage of Float/Outstanding: <0.01%
• Acquisition Origin: The shares were acquired on October 5, 2025, via restricted stock vesting under a registered plan as compensation for services rendered.

Prior 3-Month Activity

The filing lists multiple dispositions in the preceding three months by Mr. Cheng and the affiliated Cheng Huang Family Trust:

• Direct Dispositions: 3,790 shares on September 4, 2026 ($644,300.00) and 3,790 shares on October 12, 2026 ($764,954.65).
• Trust Dispositions: Repeated sales of 27,500 shares by the Cheng Huang Family Trust across July, September, and October, indicating programmatic or systematic liquidity activity.

Market Impact & Significance

The trading significance of this specific Form 144 filing is categorized as Low. The 3,790 shares represent a negligible fraction of the company's 187.95 million shares outstanding and originate from routine equity award vesting.