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Cirrus Logic (CRUS) director sells 1,000 shares at $140 each

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cirrus Logic director Alexander M. Davern reported an open-market sale of common stock. On February 20, 2026, he sold 1,000 shares of Cirrus Logic at $140.00 per share. After this transaction, he directly owned 21,531 common shares of the company.

Positive

  • None.

Negative

  • None.
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).
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*
DAVERN ALEXANDER M

(Last) (First) (Middle)
800 WEST 6TH STREET

(Street)
AUSTIN TX 78701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CIRRUS LOGIC, INC. [ CRUS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/20/2026 S 1,000 D $140 21,531 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
Explanation of Responses:
Remarks:
By: Gregory Scott Thomas attorney-in-fact For: Alexander Davern 02/24/2026
** 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.

FAQ

What insider transaction did Cirrus Logic (CRUS) director Alexander Davern report?

Alexander M. Davern reported selling 1,000 shares of Cirrus Logic common stock. The transaction was an open-market sale at $140.00 per share on February 20, 2026, and was reported on a Form 4 insider trading filing.

At what price did Cirrus Logic (CRUS) director Alexander Davern sell his shares?

Alexander M. Davern sold his Cirrus Logic common shares at $140.00 per share. The Form 4 shows this price for the 1,000 shares sold in an open-market transaction dated February 20, 2026, involving the company’s common stock.

How many Cirrus Logic (CRUS) shares did Alexander Davern sell and when?

Alexander M. Davern sold 1,000 shares of Cirrus Logic common stock. The transaction took place on February 20, 2026, and was classified as an open-market sale, as disclosed in the Form 4 insider trading report.

How many Cirrus Logic (CRUS) shares does Alexander Davern own after the sale?

After the sale, Alexander M. Davern directly owned 21,531 shares of Cirrus Logic common stock. This post-transaction ownership figure is reported in the Form 4 as the total number of shares held following the 1,000-share open-market sale.

What type of security was involved in Alexander Davern’s Cirrus Logic (CRUS) transaction?

The transaction involved Cirrus Logic common stock. Alexander M. Davern sold 1,000 shares of this common stock in an open-market transaction at $140.00 per share, as reported in the Form 4 insider filing.

How is Alexander Davern’s ownership classified in the Cirrus Logic (CRUS) Form 4?

Alexander M. Davern’s ownership is classified as direct. The Form 4 identifies the 21,531 Cirrus Logic common shares he holds after the transaction as directly owned, with the ownership code and status both indicating direct ownership.
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