Billionaire Co-Founder Sells Shares in Credo Technology Amid Significant Stock Appreciation
Chi Fung Cheng, co-founder of Credo Technology Group Holding Ltd (CRDO), sold 27,500 shares via the Cheng Huang Family Trust on July 14, 2026. The sale occurred under a Rule 10b5-1 trading plan and reduced his ownership by 0.46%. Despite this transaction, he still holds over $1.4 billion in equity value with a 3% stake.
Tickers: $CRDO