Credo Technology COO and CEO Sell $406 Million Combined — 33 Recent Filings

The two top executives at Credo Technology Group (CRDO) — a fast-growing AI networking chip company — have sold a combined $406.4 million in stock across 33 recent Form 4 filings. COO Yat Tung Lam leads with an extraordinary $293.7 million in career sales, while CEO William Joseph Brennan has sold $112.7 million.

COO's $294 Million Haul

Lam's $293.7 million in career sales across 278 transactions makes him one of the largest insider sellers at any mid-cap semiconductor company. His most recent $75.5 million in sales represents a significant acceleration — roughly a quarter of his total career sales concentrated in a short recent period.

For a company with a market cap around $12 billion, a single executive extracting nearly $300 million is remarkable. Lam has been with Credo since its founding and has clearly been monetizing the AI-driven surge in the company's stock price.

CEO: $113 Million

CEO and President William Brennan has sold $112.7 million across 212 transactions, with $12.8 million in recent sales. Like Lam, Brennan has been a consistent seller — though at roughly one-third the pace of his COO.

33 Filings, Two People

Insider	Title	Career Sales	Transactions	Recent Sales
Yat Tung Lam	Chief Operating Officer	$293.7M	278	$75.5M
William Joseph Brennan	President & CEO	$112.7M	212	$12.8M

The AI Networking Play

Credo designs high-speed connectivity solutions for data centers — the physical interconnects that allow AI accelerators from Nvidia and others to communicate. The company's products have become critical components in AI infrastructure, with revenue growing triple-digits year-over-year.

The stock has surged from under $15 to over $80 in the past 18 months, making Credo one of the biggest AI infrastructure winners. But the two executives with the deepest operational knowledge of the business have been selling aggressively into the rally.

The Asymmetry

The COO outselling the CEO by nearly 3:1 ($294M vs $113M) is unusual. In most companies, the CEO has the largest equity position and correspondingly the largest selling program. At Credo, the operational leader has extracted far more value — possibly reflecting a larger founding stake or a more aggressive liquidation strategy.

Either way, $406 million in combined insider sales at a $12 billion company means these two executives have cashed out over 3% of the company's entire market cap through personal sales alone.

View all Credo Technology insider activity on the CRDO stock page.