Cirrus Logic CFO granted RSUs and performance shares
Cirrus Logic Chief Financial Officer Jeffrey Woolard reported new equity awards.
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Rhea-AI Filing Summary
Cirrus Logic Chief Financial Officer Jeffrey Woolard reported new equity awards. On February 5, 2026 he received 11,242 restricted stock units, each representing the right to one share of common stock, all scheduled to vest on February 5, 2029.
He was also granted 9,058 performance-based Market Stock Units, each eligible to deliver up to 200% of one share depending on total shareholder return versus the Russell 3000 over a performance period from February 5, 2026 to February 5, 2029. Following these grants, he beneficially owns 49,197 restricted stock units and 18,332 performance shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,242 | $0.00 | $0.00 |
| Grant/Award | Performance Shares | 9,058 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- F2. 100% of the restricted stock units will vest on February 5, 2029, the 3-year anniversary of the grant date.
- F3. These performance shares reflect performance-based restricted stock units that we refer to as Market Stock Units (MSUs). Each MSU represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the MSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on February 5, 2026, and ending on February 5, 2029. The MSU performance metrics involve total shareholder return (TSR) relative to the component companies of the Russell 3000 index.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cirrus Logic (CRUS) disclose about CFO Jeffrey Woolard in this Form 4?
How many restricted stock units did the Cirrus Logic CFO receive on February 5, 2026?
When do Jeffrey Woolard’s new Cirrus Logic restricted stock units vest?
What performance metrics determine vesting of Cirrus Logic Market Stock Units?
How many derivative equity awards does the Cirrus Logic CFO own after these grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.