Cirrus Logic officer to sell $416K in shares
Cirrus Logic officer Jeffrey Baumgartner filed to sell 3,498 CRUS shares under Rule 144, tied to vested equity awards and following recent 10b5‑1 plan sales.
Rhea-AI Filing Summary
CIRRUS LOGIC, INC. (CRUS) officer Jeffrey Baumgartner filed a notice to sell 3,498 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ. The filing lists an aggregate market value of about $415,632.36 for these shares and notes that 50,117,561 shares of common stock are outstanding.
The planned sales relate to 2,622 Performance Stock Units and 876 Restricted Stock Units granted on March 2, 2025. The notice also reports prior 10b5‑1 plan sales over the past three months totaling several thousand shares of CRUS common stock.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
Rule 144 regulatory
Performance Stock Units financial
Restricted Stock Units financial
10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for CIRRUS LOGIC, INC. (CRUS)?
What equity awards for CRUS are linked to the planned sales in this Form 144?
What recent 10b5-1 plan sales by Jeffrey Baumgartner in CRUS stock are reported?
AI-generated analysis. How Rhea-AI works. Not financial advice.