[144] Cirrus Logic Inc SEC Filing
Form 144 notice for Cirrus Logic, Inc. (CRUS) discloses a proposed sale of 4,410 common shares acquired as restricted stock units on 04/06/2023. The filer lists Morgan Stanley Smith Barney LLC, 1 New York Plaza, 8th Floor, New York, NY as the broker and states an aggregate market value of $508,737.60 for the shares, with an approximate sale date of 08/29/2025 on NASDAQ. The filing indicates these shares represent part of the filer’s restricted stock unit award and that no securities were reported sold by the filer in the past three months. The notice includes the standard signature representation that the seller is not aware of undisclosed material adverse information.
- Disclosure provided: The filer explicitly discloses the 4,410 common shares, acquisition as RSUs on 04/06/2023, broker details, aggregate market value $508,737.60, and planned sale date 08/29/2025.
- No prior sales reported: The filing states "Nothing to Report" for securities sold in the past three months, indicating this is a newly reported proposed sale in this period.
- None.
Insights
TL;DR: Insider plans to sell 4,410 shares worth $508,737.60 via Morgan Stanley on NASDAQ.
The filing documents a routine Rule 144 notice for shares acquired as restricted stock units on 04/06/2023. The stated aggregate market value and broker are explicit; the planned approximate sale date is 08/29/2025. There are no reported sales by this person in the prior three months, so this filing represents a new planned disposition rather than an ongoing selling pattern disclosed here. The filing contains the standard insider representation about lack of undisclosed material adverse information.
TL;DR: Filing meets disclosure obligations for a proposed insider sale of equity awarded as RSUs.
This Form 144 provides the required details: class of security, acquisition date and nature (Restricted Stock Units), broker identification, number of shares, aggregate market value, and planned sale date. The notice also affirms compliance statements from the seller. No additional governance issues, such as recent transactions by the filer in the prior three months, are reported in this filing.