CRUS Director Adds 1,624 Shares; Receives 1,998 New RSUs – Form 4
Cirrus Logic (CRUS) Form 4: Director William D. Mosley reported two equity transactions.
Rhea-AI Filing Summary
Cirrus Logic (CRUS) Form 4: Director William D. Mosley reported two equity transactions.
- 07/26/2025 – RSU vesting: 1,624 restricted stock units converted to 1,624 common shares at a cost basis of $0. Mr. Mosley now directly owns 1,624 shares.
- 07/29/2025 – New RSU grant: 1,998 RSUs awarded upon re-election to the Board. These units vest 100% on the earlier of the next annual meeting or 07/29/2026. Until vesting, they remain a derivative holding.
Following the transactions, Mosley’s holdings comprise 1,624 directly held shares and 1,998 unvested RSUs. No open-market purchases or sales occurred; activity reflects normal director compensation.
Positive
- Director’s direct ownership increased by 1,624 shares, showing continued equity alignment with shareholders.
Negative
- None.
Insights
TL;DR Small, routine director RSU vesting and grant; negligible market impact.
The filing shows standard board compensation mechanics rather than discretionary buying or selling. The 1,624-share issuance stems from a scheduled RSU vest, while the 1,998-RSU grant will not convert until 2026 at the latest. Because no cash changed hands and the share count involved is immaterial versus CRUS’s ~55 M share float, dilution and sentiment effects are minimal. Investors may view the additional direct ownership as modestly positive but not thesis-altering.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,998 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,624 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,624 | $0.00 | $0.00 |
Footnotes (5)
- F1. Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on July 26, 2025.
- F2. Expiration Date of July 26, 2025.
- F3. Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- F4. Restricted Stock Units granted upon re-election to Cirrus Logic, Inc.'s Board of Directors.
- F5. 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 29,2026, the 1-year anniversary of the grant date.
FAQ
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What new equity award did CRUS grant to Mosley?
What is Mosley’s total CRUS ownership after the filing?
Is this Form 4 likely to impact Cirrus Logic stock price?
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