Cirrus Logic director reports RSU grant and vesting
Catherine P. Lego, a director of Cirrus Logic, Inc., reported equity compensation activity.
Rhea-AI Filing Summary
Catherine P. Lego, a director of Cirrus Logic, Inc., reported equity compensation activity. On July 31, 2026, she received a grant of 1,623 Restricted Stock Units, each representing a contingent right to one share of common stock, granted upon her re-election to the Board and vesting 100% on the earlier of the next Annual Meeting or July 31, 2027. On July 29, 2026, 1,998 previously awarded RSUs vested and were settled into 1,998 shares of common stock, increasing her direct holdings to 11,708 shares. She also has 3,000 shares of common stock held indirectly through a trust of which she is the sole trustee and sole beneficiary.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,998 shares exercised/converted
Exercise
4 txns
Insider
Lego Catherine P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F4, F5, F6 | 1,623 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 1,998 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2 | 1,998 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,623 contracts (Direct);
Common Stock — 11,708 shares (Direct);
Common Stock — 3,000 shares (Indirect, by Trust)
Footnotes (6)
- F1. Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock units vested on July 29, 2026.
- F2. Expiration Date of July 29, 2026.
- F3. These shares are held in the Catherine Pierson Lego Trust UA DTD 05/09/07, of which the Reporting Person is the sole trustee and the sole beneficiary.
- F4. Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- F5. Restricted Stock Units granted upon re-election to Cirrus Logic, Inc.'s Board of Directors.
- F6. 100% of the restricted stock units will vest on the earlier of: (a) the date of the Company's next Annual Meeting or (b) on July 31, 2027, the 1-year anniversary of the grant date.
Key Figures
New RSU grant: 1,623 Restricted Stock Units
RSU vesting and settlement: 1,998 Restricted Stock Units
Direct common shares after vesting: 11,708 shares
+3 more
6 metrics
New RSU grant
1,623 Restricted Stock Units
Granted on July 31, 2026 upon re-election to Cirrus Logic’s Board
RSU vesting and settlement
1,998 Restricted Stock Units
Vested and settled into common stock on July 29, 2026
Direct common shares after vesting
11,708 shares
Direct Cirrus Logic common stock holdings following July 29, 2026 settlement
Indirect trust holdings
3,000 shares
Common stock held in the Catherine Pierson Lego Trust
RSU vesting deadline
July 31, 2027
Latest vesting date for the 1,623 RSU grant, or earlier at next Annual Meeting
RSU-to-share ratio
1:1
Each Restricted Stock Unit represents a contingent right to one share of common stock
Key Terms
Restricted Stock Units, derivative security, sole trustee, Annual Meeting
4 terms
Restricted Stock Units financial
"Restricted Stock Units granted upon re-election to Cirrus Logic, Inc.'s Board of Directors."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
sole trustee financial
"of which the Reporting Person is the sole trustee and the sole beneficiary."
Annual Meeting regulatory
"vest on the earlier of: (a) the date of the Company's next Annual Meeting or (b) on July 31, 2027"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Catherine P. Lego report for CRUS?
Catherine P. Lego reported a grant of 1,623 Restricted Stock Units on July 31, 2026 and the vesting of 1,998 RSUs into common shares on July 29, 2026, increasing her direct Cirrus Logic share holdings.
How many RSUs were granted to the Cirrus Logic (CRUS) director on July 31, 2026?
On July 31, 2026, Catherine P. Lego received 1,623 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Cirrus Logic common stock and was granted upon her re-election to the company’s Board of Directors.
When will Catherine P. Lego’s 1,623 new CRUS RSUs vest?
The 1,623 new RSUs will vest 100% on the earlier of Cirrus Logic’s next Annual Meeting or July 31, 2027. After vesting, each Restricted Stock Unit converts into one share of Cirrus Logic common stock.
Does Catherine P. Lego have any indirect holdings of Cirrus Logic (CRUS) stock?
Yes. In addition to her direct holdings, Catherine P. Lego has 3,000 shares of Cirrus Logic common stock held indirectly through the Catherine Pierson Lego Trust, where she is both sole trustee and sole beneficiary.
Were Catherine P. Lego’s Cirrus Logic (CRUS) transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the footnotes describe equity awards and vesting events, not trades pursuant to a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
