Form 4 | Credo Technology Group Holding Ltd Director & COO Lam Yat Tung sold about 106,300 Ordinary Shares on July 31 under a Rule 10b5-1 plan
Filings Track
08/05
The latest Form 4 filing shows that Credo Technology Group Holding Ltd (CRDO) Director and Chief Operating Officer Lam Yat Tung executed multiple sales of ordinary shares on July 31, 2026 under a Rule 10b5-1 trading plan adopted on April 15, 2026. In total, he sold approximately 106,300 shares at weighted average prices ranging from about $209.6 to $216.6. Part of his holdings are indirect through Zhan BVI Co Ltd and EZ Trust, for which he disclaims beneficial ownership except for his pecuniary interest. Following these transactions, Lam still directly and indirectly owns roughly 2.8 million shares of CRDO. Executive share sales under a pre-arranged 10b5-1 plan are typically viewed as portfolio diversification rather than a timing call, though the reduction may be interpreted as a mildly negative signal in the short term.