Credo Technology CTO Cheng Chi Fung disposes of $5.27 million in common shares
CRDO•Credo Technology CTO Cheng Chi Fung reported sales of 29,500 ordinary shares on Oct. 6, priced between $211.06 and $226.175 per share. The Cheng Huang Family Trust’s beneficial ownership fell to 5,634,897 shares; 2,460 shares were withheld the previous day to cover taxes.
1. Share transactions
Cheng Chi Fung, Credo Technology’s chief technology officer, reported sales of 29,500 ordinary shares on Oct. 6 through the Cheng Huang Family Trust. The shares were priced between $211.06 and $226.175 each, and the trust’s beneficial ownership fell to 5,634,897 shares. Separately, 2,460 shares were withheld on Oct. 5 at $218.64 per share to cover tax obligations.
