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Cirrus Logic (NASDAQ: CRUS) EVP sells 1,170 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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

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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)
  1. [object Object]
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
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Baumgartner Jeffrey W

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, R&D
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/22/2026S(1)1,170D$168.2316,405D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 27, 2026.
Remarks:
By: Gregory Scott Thomas attorney-in-fact For: Jeffrey Baumgartner06/24/2026
** Signature of Reporting PersonDate
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 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.

At what price were Jeffrey W. Baumgartner’s Cirrus Logic shares sold?

Jeffrey W. Baumgartner’s 1,170 Cirrus Logic shares were sold at $168.23 per share. This price reflects the per-share value for the open-market sale disclosed, executed as part of a Rule 10b5-1 trading plan previously adopted by the executive.

How many Cirrus Logic shares does Jeffrey W. Baumgartner hold after this sale?

Following the reported sale, Jeffrey W. Baumgartner directly holds 16,405 shares of Cirrus Logic Common Stock. This post-transaction balance is disclosed in the filing and shows his remaining direct ownership after the 1,170-share open-market sale.

Was Jeffrey W. Baumgartner’s Cirrus Logic share sale under a Rule 10b5-1 plan?

Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 plan adopted by Jeffrey W. Baumgartner on February 27, 2026. Such plans pre-schedule trades, making the timing more routine and less discretionary.

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.