The COO's concentrated one-day sales and gifts suggest a planned liquidity event rather than a negative signal. Monitor next 8-K or earnings for any operational update that could explain the timing, but the small relative size makes this a low-priority event.
Price Chart
Executive Summary
Credo Technology Group's COO Lam Yat Tung sold ~$20.6M in open-market shares and gifted 175K shares on September 25, 2026, while CTO Cheng Chi Fung sold $218K on September 29. The COO's sales are large in absolute terms but represent ~0.06% of CRDO's ~$34B market cap, falling below the 0.1% materiality threshold. The cluster is dominated by a single executive's sales, lacks a 10b5-1 plan indication, and occurs without a disclosed catalyst, suggesting routine portfolio diversification rather than a negative signal.
Key Financial Metrics
Key Facts
- COO Lam Yat Tung sold 100,000 shares in 7 open-market trades on 2026-09-25, totaling ~$20.6M at prices between $205.38 and $207.70
- COO also gifted 175,000 shares (75K + 100K) at $0 on the same day
- CTO Cheng Chi Fung sold 1,100 shares on 2026-09-29 for ~$218K
- Total cluster open-market sales: ~$20.8M, representing ~0.06% of CRDO's ~$34B market cap
- No 10b5-1 plan indication or regular pattern detected — sales are concentrated on a single day for the COO
- No material insider purchases in the cluster
Financial Impact
Open-market sales of ~$20.8M by two executives, with COO accounting for 99% of the value; well below 0.1% of market cap
Risk Factors
- COO's sales lack a 10b5-1 plan disclosure, leaving open the possibility of informational timing
- Gift of 175K shares could precede further sales by donees, though not reportable until Form 4 filings
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRDO-1790974692630 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Insider Cluster | $147.29 | awaiting T+20 | — | $151.15 (−2.62%) |
Oct 21, 2026 5d ago | Insider Cluster | $162.77 | awaiting T+20 | — | $151.15 (−7.14%) |
Oct 14, 2026 12d ago | Insider Cluster | $178.50 | awaiting T+20 | — | $151.15 (+15.32%) |
Oct 13, 2026 13d ago | 144 | $179.23 | awaiting T+20 | — | $151.15 (−15.66%) |
Oct 13, 2026 13d ago | 144 | $198.31 | awaiting T+20 | — | $151.15 (−23.78%) |
Oct 13, 2026 14d ago | Insider Cluster | $179.23 | awaiting T+20 | — | $151.15 (+15.66%) |
Oct 8, 2026 18d ago | 144 | $216.55 | awaiting T+20 | — | $151.15 (−30.20%) |
Oct 5, 2026 21d ago | Insider Cluster | $220.83 | awaiting T+20 | — | $151.15 (+31.55%) |
Oct 1, 2026 25d ago | Insider Cluster | $218.64 | awaiting T+20 | — | $151.15 (−30.87%) |
Oct 1, 2026 25d ago | Insider Cluster | $218.64 | awaiting T+20 | — | $151.15 (+30.87%) |
US Market Status
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