Cirrus Logic Insider Sale: 2,208 Shares Sold Under 10b5-1 Plan
Rhea-AI Filing Summary
Denise Grode, Executive VP and Chief Human Resources Officer of Cirrus Logic, Inc. (CRUS), reported a sale of 2,208 shares of the company's common stock on 08/29/2025 under a pre-established Rule 10b5-1 trading plan adopted on May 30, 2025. The filing lists a weighted-average sale price of $114.3634 and notes the shares were sold in multiple transactions at prices ranging from $113.80 to $114.85. After the reported disposition, the reporting person beneficially owns 7,900 shares. The Form 4 was submitted on 09/02/2025 and includes an offer to provide detailed per-transaction prices on request.
Positive
- Transaction executed under a Rule 10b5-1 plan, indicating pre-planned, compliant trading
- Full weighted-average price and price range disclosed, offering transparency into the sale
Negative
- Officer sold 2,208 shares, reducing beneficial ownership to 7,900 shares
Insights
TL;DR: Routine insider sale under a 10b5-1 plan; not an extraordinary corporate event.
The Form 4 discloses a single-day disposal of 2,208 shares by an officer of CRUS under a Rule 10b5-1 plan adopted May 30, 2025. The weighted-average sale price was $114.3634 with individual trades between $113.80 and $114.85, and post-transaction beneficial ownership stood at 7,900 shares. This filing documents compliance with Section 16 reporting and the 10b5-1 affirmative defense; it does not include additional corporate actions, compensation changes, or derivative transactions.
TL;DR: Transaction appears procedurally compliant; indicates use of a structured trading plan.
The reporting person executed sales pursuant to a disclosed 10b5-1 plan, which helps insulate the officer from accusations of opportunistic trading. The disclosure provides weighted-average and range pricing and confirms remaining beneficial ownership of 7,900 shares. No amendments, option exercises, or indirect holdings are reported. From a governance perspective, the form meets standard transparency expectations but conveys no information about intent or corporate strategy.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,208 | $114.3634 | $253K |
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 30, 2025 The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.80 to $114.85. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.