Were the Credo (CRDO) share sales by the Cheng Huang Family Trust pre-planned?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025, indicating the transactions were scheduled in advance rather than timed discretionarily around short-term market developments.

Who actually executed the Credo (CRDO) share sales reported for Cheng Chi Fung?

The sales were executed by the Cheng Huang Family Trust, of which the reporting person and his spouse are trustees and their family are beneficiaries. The filing notes that Cheng Chi Fung disclaims beneficial ownership except to the extent of his and his spouse’s pecuniary interest.

Credo (NASDAQ: CRDO) CTO’s trust logs routine stock sale

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Credo Technology Group Holding Ltd’s Chief Technology Officer, Cheng Chi Fung, reported that the Cheng Huang Family Trust executed open-market sales of a total of 27,500 Ordinary Shares on March 11, 2026 at prices ranging from about $113.53 to $120.51.

The filing shows these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. After the transactions, the trust held 6,272,370 Ordinary Shares indirectly associated with the reporting person, and Cheng Chi Fung also held 111,220 Ordinary Shares directly.

Insider Trade Summary 10b5-1

Net Seller: 27,500 shares ($3,233,981)

Net Sell 9 txns

Insider Cheng Chi Fung

Role Chief Technology Officer

Sold 27,500 shs ($3.23M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	200	$114.02	$23K
Sale	Ordinary Shares	4,200	$115.2346	$484K
Sale	Ordinary Shares	3,821	$115.8792	$443K
Sale	Ordinary Shares	4,079	$117.1591	$478K
Sale	Ordinary Shares	5,700	$117.9708	$672K
Sale	Ordinary Shares	6,144	$119.1269	$732K
Sale	Ordinary Shares	3,256	$119.8141	$390K
Sale	Ordinary Shares	100	$120.61	$12K
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 6,299,670 shares (Indirect, Cheng Huang Family Trust); Ordinary Shares — 111,220 shares (Direct)

Footnotes (1)

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025. This transaction was executed in multiple trades at prices ranging from $113.53 to $114.51. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Represents ordinary shares held by the Cheng Huang Family Trust of which the Reporting Person and his spouse are trustees and the Reporting Person, his spouse and their children are beneficiaries. The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein. The full name of the trust is the Cheng Huang Family Trust U/T/A DTD 12/22/2003. This transaction was executed in multiple trades at prices ranging from $114.56 to $115.55. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $115.57 to $116.56. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $116.57 to $117.56. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $117.57 to $118.55. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $118.58 to $119.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $119.58 to $120.51. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Form 4 Insider Transactions: What Each Field Means →

03/13/2026 - 04:01 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cheng Chi Fung

(Last)

(First)

(Middle)

110 RIO ROBLES

(Street)

SAN JOSE

95134

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Credo Technology Group Holding Ltd [ CRDO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	03/11/2026		S⁽¹⁾		200	D	$114.02⁽²⁾	6,299,670	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	03/11/2026		S⁽¹⁾		4,200	D	$115.2346⁽⁴⁾	6,295,470	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	03/11/2026		S⁽¹⁾		3,821	D	$115.8792⁽⁵⁾	6,291,649	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	03/11/2026		S⁽¹⁾		4,079	D	$117.1591⁽⁶⁾	6,287,570	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	03/11/2026		S⁽¹⁾		5,700	D	$117.9708⁽⁷⁾	6,281,870	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	03/11/2026		S⁽¹⁾		6,144	D	$119.1269⁽⁸⁾	6,275,726	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	03/11/2026		S⁽¹⁾		3,256	D	$119.8141⁽⁹⁾	6,272,470	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares	03/11/2026		S⁽¹⁾		100	D	$120.61	6,272,370	I	Cheng Huang Family Trust⁽³⁾
Ordinary Shares								111,220	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on September 5, 2025.

2. This transaction was executed in multiple trades at prices ranging from $113.53 to $114.51. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. Represents ordinary shares held by the Cheng Huang Family Trust of which the Reporting Person and his spouse are trustees and the Reporting Person, his spouse and their children are beneficiaries. The Reporting Person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein. The full name of the trust is the Cheng Huang Family Trust U/T/A DTD 12/22/2003.

4. This transaction was executed in multiple trades at prices ranging from $114.56 to $115.55. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

5. This transaction was executed in multiple trades at prices ranging from $115.57 to $116.56. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

6. This transaction was executed in multiple trades at prices ranging from $116.57 to $117.56. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

7. This transaction was executed in multiple trades at prices ranging from $117.57 to $118.55. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

8. This transaction was executed in multiple trades at prices ranging from $118.58 to $119.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

9. This transaction was executed in multiple trades at prices ranging from $119.58 to $120.51. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

	/s/ James Laufman, attorney-in-fact	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Credo (CRDO) insider Cheng Chi Fung report in this Form 4?

The Form 4 reports that a trust associated with CTO Cheng Chi Fung sold 27,500 Credo Ordinary Shares in open-market transactions on March 11, 2026, while retaining over 6.2 million shares indirectly plus an additional 111,220 shares held directly.

How many Credo (CRDO) shares did the Cheng Huang Family Trust sell and at what prices?

The Cheng Huang Family Trust sold a total of 27,500 Credo Ordinary Shares in several trades on March 11, 2026, at weighted average prices reported between $114.02 and $120.61, with detailed price ranges for each trade described in the filing footnotes.

How many Credo (CRDO) shares does the Cheng Huang Family Trust hold after these sales?

After completing the March 11, 2026 sales, the Cheng Huang Family Trust held 6,272,370 Credo Ordinary Shares. These shares are reported as being held indirectly for the benefit of the reporting person’s family under the trust structure described in the filing footnotes.

What are Cheng Chi Fung’s direct holdings in Credo (CRDO) after the reported transactions?

In addition to the trust’s indirect holdings, the Form 4 shows that Cheng Chi Fung directly owns 111,220 Credo Ordinary Shares after the reported transactions, providing context that the disclosed sales involved only a portion of the overall equity position associated with him.