Form 4: Credo COO Sells Shares Under 10b5-1 Plan

Credo Technology Group Holding Ltd's Chief Operating Officer, Lam Yat Tung, sold 65,900 ordinary shares on October 22, 2025, through a pre-arranged 10b5-1 trading plan.

Summary

• Lam Yat Tung, Chief Operating Officer and Director of Credo Technology Group Holding Ltd (CRDO), reported sales of ordinary shares.
• A total of 65,900 ordinary shares were disposed of on October 22, 2025, across 16 separate transactions.
• The sales were executed at weighted average prices ranging from $132.7075 to $148.1886 per share.
• These transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted by Mr. Tung on July 2, 2025.
• Following these transactions, Mr. Tung's indirect beneficial ownership through Zhan BVI Co Ltd stands at 850,000 ordinary shares.
• Mr. Tung also directly owns 2,622,055 ordinary shares and indirectly owns 125,000 ordinary shares through EZ Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While insider selling can be a negative signal, the execution under a pre-arranged 10b5-1 plan mitigates concerns that the sales are based on new, adverse non-public information. It's a routine transaction for liquidity or diversification purposes.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating the transactions were not based on new, non-public information.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived negatively by the market as it reduces management's direct equity stake.

Stakeholder Impact

• Shareholders may observe a reduction in direct insider ownership, which could be interpreted in various ways, though the 10b5-1 plan suggests a pre-planned, non-event-driven sale.

Key Dates

Keywords

Credo Technology Group, CRDO, Insider Trading, Form 4, Stock Sale, Officer, Director, 10b5-1 Plan, Lam Yat Tung, Beneficial Ownership