Credo Technology Group COO Yat Tung Lam sold 50,000 shares for $11.3 million on July 15, 2026, according to an SEC filing. The sale, executed indirectly through the Cheng Huang Family Trust at a weighted average price of $225.45, represents 10% of Lam's indirect holdings and 2% of his total equity position. It was conducted under a Rule 10b5-1 trading plan adopted on April 15, 2026. Following the transaction, Lam still holds 2.6 million shares directly and 475,000 shares indirectly, maintaining a stake worth approximately $693.74 million based on the July 15 closing price of $226.74. The stock has returned 121% over the past year, and the company recently reported fiscal-year revenue of $1.3 billion with non-GAAP net income of $662 million.
Credo Technology Group Holding LtdCOO sold $11.3M in stock, representing insider selling despite strong performance.