Cirrus Logic (NASDAQ: CRUS) EVP sells 1,170 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cirrus Logic EVP of R&D Jeffrey W. Baumgartner sold 1,170 shares of Common Stock in an open-market transaction at $168.23 per share on June 22, 2026. After the sale, he directly holds 16,405 shares. The trade was executed under a pre-arranged Rule 10b5-1 plan adopted on February 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,170 shares ($196,829)
Net Sell
1 txn
Insider
Baumgartner Jeffrey W
Role
EVP, R&D
Sold
1,170 shs ($197K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,170 | $168.23 | $197K |
Holdings After Transaction:
Common Stock — 16,405 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,170 shares
Sale price per share: $168.23 per share
Shares owned after sale: 16,405 shares
+1 more
4 metrics
Shares sold
1,170 shares
Open-market sale on June 22, 2026
Sale price per share
$168.23 per share
Common Stock transaction
Shares owned after sale
16,405 shares
Direct ownership following transaction
Net shares sold
1,170 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 27, 2026."
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.
open-market sale financial
"Transaction action is classified as an open-market sale 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.
Common Stock financial
"The reported transaction involved shares of Common Stock of Cirrus Logic, Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Cirrus Logic (CRUS) report for Jeffrey W. Baumgartner?
Cirrus Logic reported that EVP of R&D Jeffrey W. Baumgartner sold 1,170 shares of Common Stock. The shares were sold in an open-market transaction at $168.23 per share and were executed under a pre-arranged Rule 10b5-1 trading plan.
What role does Jeffrey W. Baumgartner hold at Cirrus Logic (CRUS)?
Jeffrey W. Baumgartner is Executive Vice President of Research & Development at Cirrus Logic. His position as an officer makes his share transactions reportable, providing investors visibility into his equity ownership and any open-market sales or other changes.