[Form 4] Cirrus Logic Inc Insider Trading Activity
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.
- 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
- 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.