Cirrus Logic (CRUS) EVP Jeffrey Baumgartner sells 1,166 shares in planned trade
Rhea-AI Filing Summary
CIRRUS LOGIC, INC. executive Jeffrey W. Baumgartner, EVP, R&D, reported selling 1,166 shares of common stock on 2026-07-20 at $138.57 per share. Following this sale, he directly holds 15,239 shares. The sale was made pursuant to a Rule 10b5-1 plan adopted on February 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,166 shares
Net Sell
1 txn
Insider
Baumgartner Jeffrey W
Role
EVP, R&D
Sold
1,166 shs ($162K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,166 | $138.57 | $162K |
Holdings After Transaction:
Common Stock — 15,239 shares (Direct)
Footnotes (1)
- F1. This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 27, 2026.
Key Figures
Shares sold: 1,166 shares
Sale price: $138.57 per share
Shares held after transaction: 15,239 shares
+1 more
4 metrics
Shares sold
1,166 shares
Common stock sale on 2026-07-20
Sale price
$138.57 per share
Price for the 1,166 shares sold
Shares held after transaction
15,239 shares
Direct ownership following the reported sale
Net shares sold
1,166 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 plan, sale in open market or private transaction, EVP, R&D
3 terms
Rule 10b5-1 plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
sale in open market or private transaction regulatory
"transaction_code_description: Sale in open market or private transaction"
EVP, R&D financial
"Baumgartner Jeffrey W, officer title: EVP, R&D"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CIRRUS LOGIC (CRUS) report for Jeffrey W. Baumgartner?
Jeffrey W. Baumgartner, EVP, R&D at Cirrus Logic, reported a sale of 1,166 common shares on 2026-07-20. The shares were sold at $138.57 per share in an open market or private transaction, according to the Form 4 disclosure.
Was the CIRRUS LOGIC (CRUS) insider sale under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 plan. The plan was adopted on February 27, 2026, indicating the sale was executed under a pre-arranged trading instruction by the reporting person.
Who is the insider involved in this CIRRUS LOGIC (CRUS) Form 4 and what is his role?
The reporting person is Jeffrey W. Baumgartner, who serves as EVP, R&D at Cirrus Logic. He filed the Form 4 to report the sale of 1,166 common shares and his resulting direct ownership of 15,239 shares.