STOCK TITAN

EVP at Cirrus Logic (NASDAQ: CRUS) exercises 1,197 stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CIRRUS LOGIC, INC. executive Carl Jackson Alberty, EVP, MSP, reported exercising an incentive stock option on February 27, 2026. He converted options into 1,197 shares of common stock at an exercise price of $78.00 per share. After this option exercise, he directly owned 39,778 common shares.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Alberty Carl Jackson

(Last) (First) (Middle)
800 WEST 6TH STREET

(Street)
AUSTIN TX 78701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CIRRUS LOGIC, INC. [ CRUS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, MSP
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 M 1,197 A $78 39,778 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $78 02/27/2026 M 1,197 (1) 03/03/2031 Common Stock 1,197 $0 0 D
Explanation of Responses:
1. Only vested shares can be exercised under this option. 25% of the shares vested on 3/3/22; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 3/3/25.
Remarks:
By: Gregory Scott Thomas attorney-in-fact For: Carl Jackson Alberty 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Carl Jackson Alberty report for CRUS?

Carl Jackson Alberty reported exercising an incentive stock option to acquire 1,197 shares of Cirrus Logic common stock. The transaction occurred on February 27, 2026, and was reported on a Form 4 insider trading filing with the U.S. Securities and Exchange Commission.

How many Cirrus Logic (CRUS) shares were acquired in this Form 4?

The Form 4 shows that 1,197 shares of Cirrus Logic common stock were acquired through the exercise of an incentive stock option. This derivative-to-common conversion increased Carl Jackson Alberty’s directly held common shares to a total of 39,778 following the reported transaction.

What was the option exercise price in the Cirrus Logic (CRUS) Form 4?

The incentive stock option was exercised at an exercise price of $78.00 per share. Through this exercise, 1,197 option shares converted into 1,197 shares of Cirrus Logic common stock, reflecting a derivative exercise rather than an open-market stock purchase transaction.

What is Carl Jackson Alberty’s Cirrus Logic share ownership after this transaction?

Following the option exercise, Carl Jackson Alberty directly owned 39,778 shares of Cirrus Logic common stock. This figure reflects his holdings after converting 1,197 incentive stock options into common shares in the February 27, 2026 derivative exercise transaction reported on Form 4.

How did the vesting schedule work for the exercised Cirrus Logic stock options?

Only vested shares could be exercised under this option. According to the footnote, 25% of the shares vested on March 3, 2022, with the remaining shares vesting monthly over the next 36 months, making the entire option fully vested and exercisable on March 3, 2025.

What does transaction code M mean in the Cirrus Logic (CRUS) Form 4?

Transaction code M on the Form 4 indicates an exercise or conversion of a derivative security. In this case, it shows incentive stock options being exercised and converted into 1,197 shares of Cirrus Logic common stock, rather than an ordinary open-market stock purchase or sale.
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