Cirrus Logic (CRUS) EVP exercises options, sells 1,300 shares under 10b5-1 plan

Rhea-AI Filing Summary

CIRRUS LOGIC, INC. executive vice president and general counsel Thomas Scott exercised stock options and sold shares in a pre-planned transaction. He exercised 1,300 Non-Qualified Stock Options at $78.00 per share to acquire 1,300 shares of common stock, then sold 1,300 common shares in an open‑market sale at a weighted average price of $180.04 per share pursuant to a Rule 10b5-1 plan adopted on November 14, 2025. Following these transactions, he directly holds 31,048 common shares and 4,642 stock options as reported in this filing.

Insider Trade Summary 10b5-1

Net Seller: 1,300 shares ($234,052)

Net Sell 3 txns

Insider THOMAS SCOTT

Role EVP, General Counsel

Sold 1,300 shs ($234K)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy)	1,300	$0.00	--
Exercise	Common Stock	1,300	$78.00	$101K
Sale	Common Stock	1,300	$180.04	$234K

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 4,642 shares (Direct, null); Common Stock — 32,348 shares (Direct, null)

Footnotes (1)

1. This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on November 14, 2025. The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.00 to $180.12. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request. Only vested shares can be exercised under this option. 25% of the shares vested on 3/3/22; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 3/3/25.

Key Figures

Shares sold: 1,300 shares Weighted average sale price: $180.04 per share Options exercised: 1,300 options +5 more

8 metrics

Shares sold 1,300 shares Open-market sale of common stock on 2026-06-03

Weighted average sale price $180.04 per share Multiple transactions between $180.00 and $180.12

Options exercised 1,300 options Non-Qualified Stock Options exercised at $78.00

Option exercise price $78.00 per share Conversion or exercise price for Non-Qualified Stock Options

Shares held after transaction 31,048 shares Direct common stock ownership after 2026-06-03 trades

Options remaining 4,642 options Non-Qualified Stock Options outstanding after exercise

Option expiration date March 3, 2031 Expiration date of the Non-Qualified Stock Option grant

10b5-1 plan adoption date November 14, 2025 Date Thomas Scott adopted the Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 plan, Non-Qualified Stock Option, weighted average price, open-market sale, +1 more

5 terms

Rule 10b5-1 plan regulatory

"This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

Non-Qualified Stock Option financial

"Non-Qualified Stock Option (right to buy) with a conversion or exercise price of $78.0000"

A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.

weighted average price financial

"The price reported in Table I - Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action": "open-market sale" for 1,300 shares of Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion" for the option-related entries"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

THOMAS SCOTT

(Last) (First) (Middle)

800 WEST 6TH STREET

(Street)

AUSTIN TEXAS 78701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CIRRUS LOGIC, INC. [ CRUS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/03/2026		M(1)		1,300	A	$78	32,348	D
Common Stock	06/03/2026		S(1)		1,300	D	$180.04(2)	31,048	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$78	06/03/2026		M			1,300	(3)	03/03/2031	Common Stock	1,300	$0	4,642	D

Explanation of Responses:

1. This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on November 14, 2025.

2. The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.00 to $180.12. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.

3. Only vested shares can be exercised under this option. 25% of the shares vested on 3/3/22; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 3/3/25.

Remarks:

	Gregory Scott Thomas	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Cirrus Logic (CRUS) EVP Thomas Scott report in this Form 4?

Thomas Scott reported exercising 1,300 stock options and selling 1,300 common shares. The transactions involved option exercise at $78.00 and open-market sales around $180 per share, all under a pre-arranged Rule 10b5-1 trading plan.

How many Cirrus Logic (CRUS) shares did Thomas Scott sell and at what price?

Thomas Scott sold 1,300 shares of Cirrus Logic common stock. The weighted average sale price was $180.04 per share, with individual trades executed between $180.00 and $180.12, according to the price range disclosed in the Form 4 footnote.

What stock options did Thomas Scott exercise in this Cirrus Logic (CRUS) filing?

He exercised 1,300 Non-Qualified Stock Options with a conversion or exercise price of $78.00 per share. These options were fully vested and exercisable by March 3, 2025, based on the vesting schedule described in the footnotes.

How many Cirrus Logic (CRUS) shares does Thomas Scott hold after these transactions?

After the reported transactions, Thomas Scott directly holds 31,048 shares of Cirrus Logic common stock. This post-transaction holding reflects his remaining direct equity position following the 1,300-share open-market sale disclosed in the Form 4.

Were Thomas Scott’s Cirrus Logic (CRUS) trades made under a Rule 10b5-1 plan?

Yes. The Form 4 states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted on November 14, 2025. Such plans pre-schedule trades, indicating the timing was arranged in advance rather than decided opportunistically.

Does Thomas Scott still hold Cirrus Logic (CRUS) stock options after this Form 4?

Yes. After exercising 1,300 Non-Qualified Stock Options, the filing reports 4,642 options remaining. These options relate to Cirrus Logic common stock and have an expiration date of March 3, 2031, as disclosed in the derivative table.