Credo Technology COO Lam Yat Tung Sells 40,000 Shares via 10b5-1 Plan
This Form 4 filing reports that Lam Yat Tung, Chief Operating Officer and Director of Credo Technology Group Holding Ltd (CRDO), sold 40,000 ordinary shares on July 15, 2026, through a pre-arranged Rule 10b5-1 trading plan. The sales were executed in 18 separate transactions at prices ranging from $217.80 to $235.99 per share, with total shares sold representing a significant portion of the officer's holdings. Following the transactions, Lam Yat Tung's direct ownership decreased to 2,584,610 shares, while indirect holdings through various entities total 475,000 shares. The sales were conducted pursuant to a Rule 10b5-1 plan adopted by the Cheng Huang Family Trust on April 15, 2026, indicating planned rather than discretionary trading activity. The filing includes standard disclaimers regarding beneficial ownership and provides detailed price ranges for each transaction.