[Form 4] CIRRUS LOGIC, INC. Insider Trading Activity
Denise Grode, Executive Vice President and CHRO of Cirrus Logic, sold 2,202 shares of Cirrus Logic common stock on 09/15/2025 under a pre-established Rule 10b5-1 trading plan adopted May 30, 2025. The sales were executed at a weighted-average price of $116.8677, with individual trades ranging from $116.09 to $117.44. After the reported transactions, Grode beneficially owned 5,698 shares. The Form 4 was signed on behalf of Grode and filed to disclose these changes in beneficial ownership.
- None.
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Insights
TL;DR: Routine insider sale under a 10b5-1 plan; disclosure aligns with compliance expectations and reduces insider holdings modestly.
The reported transaction reflects a planned disposition of shares via a Rule 10b5-1 plan adopted May 30, 2025, which typically mitigates insider trading concerns by pre-specifying trade parameters. The amount sold (2,202 shares) and the post-transaction holding (5,698 shares) are relatively small and do not suggest a change in governance or control. Disclosure appears complete with weighted-average price and price range noted; the filer offers to provide per-trade detail on request.
TL;DR: Transaction is informational for investors but unlikely to be materially price-moving given the modest size of the sale.
The sale at a weighted-average of $116.8677 across prices from $116.09 to $117.44 indicates normal execution of a pre-set plan rather than opportunistic trading. The remaining beneficial ownership of 5,698 shares should be evaluated in the context of total outstanding shares for materiality; on its face this is a routine insider sale disclosed per Section 16 requirements. The filing includes an offer to provide detailed per-trade quantities and prices upon request.