Director YatTung Lam Files to Sell $61.7M in Credo Stock Under 10b5-1 Plan
CRDO has more than doubled off its 52-week low of $86.485.
Summary
Credo Technology director and officer YatTung Lam filed a Form 144 to sell $61.7 million in shares under a 10b5-1 plan, adding to a recent wave of insider selling.
Key Events · Ownership and Investor Activity · CRDO
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Director Plans $61.7M Stock Sale
YatTung Lam, a director and officer, filed to sell 261,439 shares worth approximately $61.75 million under a 10b5-1 plan adopted April 15, 2026.
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Adds to Insider Selling Trend
This filing follows $84 million in net insider sales over the past 90 days, including a $12 million sale by the CEO in June 2026.
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10b5-1 Plan Reduces Discretionary Signal
The sale is executed under a pre-arranged trading plan, which typically reduces the signaling value but does not eliminate the overhang from large insider distributions.
Analysis · CRDO · Manufacturing
Director and officer YatTung Lam intends to sell 261,439 shares worth approximately $61.7 million under a pre-arranged 10b5-1 trading plan adopted in April 2026. While the sale is structured and planned, the dollar amount is substantial and adds to a pattern of insider selling — the CEO sold $12 million in June, and net insider sales over the past 90 days total $84 million. This filing signals continued distribution by insiders even as the company reports explosive revenue growth.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 29.9% of the 1944 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.15%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CRDO was trading at $227.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $42.3B. The 52-week trading range was $86.49 to $308.67. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.