[144] Cirrus Logic Inc SEC Filing

Rhea-AI Filing Summary

Cirrus Logic, Inc. (CRUS) Form 144 notifies the proposed sale of 10,000 common shares through Morgan Stanley Smith Barney on 09/02/2025 with an aggregate market value of $1,117,811.00 and ~51,332,178 shares outstanding. The filing shows these shares were acquired the same day via a stock option exercise with cash payment. The record also discloses a prior sale by the same person of 10,000 shares on 06/03/2025 for $1,000,000.00. The filer certifies no undisclosed material adverse information and attests to the accuracy of the notice.

Positive

• Regulatory compliance: Form 144 filed, providing required public disclosure for the proposed sale
• Transaction transparency: Filing includes acquisition method (stock option exercise), payment method (cash), broker, dates, and gross values

Negative

• Insider sale: Proposed sale of 10,000 shares and a prior sale of 10,000 may indicate insider liquidity, which some investors view negatively

Insights

Securities Analyst

TL;DR Routine insider sale following option exercise; procedural disclosure with limited standalone material impact.

The Form 144 documents a planned sale of 10,000 Cirrus Logic shares following a same-day stock option exercise and cash payment. The broker listed is Morgan Stanley Smith Barney and the filing notes a prior sale of 10,000 shares in June 2025. From a securities-compliance perspective this is a standard Rule 144 notification enabling public resale by an affiliate or restricted-holder after satisfying transfer conditions. The filing provides transaction dates, amounts, and gross values but contains no operational, financial performance, or forward-looking information about the issuer.

Corporate Governance Expert

TL;DR Disclosure aligns with Rule 144 requirements; signals insider liquidity but not necessarily a change in corporate control or strategy.

The notice indicates the seller exercised options and intends to sell shares through a broker, with a contemporaneous prior sale disclosed. This satisfies public-disclosure obligations under Rule 144 and includes the standard representation that no material non-public information is held. The filing is procedural; absent additional context (size relative to insider holdings or repeated large dispositions) it is unlikely to be material to the company’s governance or capital structure.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10000	1117811.00	51332178	09/02/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/02/2025	Stock Option Exercise	ISSUER			10000	09/02/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JEFFREY W BAUMGARTNER 800 W. 6th Street Austin TX 78701	Common	06/03/2025	10000	1000000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Cirrus Logic's (CRUS) Form 144 filed on 09/02/2025 report?

It reports a proposed sale of 10,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,117,811.00.

How were the 10,000 Cirrus Logic shares acquired?

The filing states the shares were acquired on 09/02/2025 by a stock option exercise and paid for in cash on the same date.

Did the filer recently sell other Cirrus Logic shares?

Yes. The filing discloses a sale by the same person of 10,000 shares on 06/03/2025 for $1,000,000.00.

Who is the broker handling the proposed sale for CRUS?

The listed broker is Morgan Stanley Smith Barney LLC, Executive Financial Services, New York, NY.

Does the Form 144 state any undisclosed material information about Cirrus Logic?

The signer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.