Cirrus Logic (CRUS) director files Form 4 on RSU grant, vesting
Rhea-AI Filing Summary
CIRRUS LOGIC, INC. director T. Le Duy Loan reported equity compensation activity. On July 29, 2026, 1,998 restricted stock units vested and converted into 1,998 shares of common stock, after which the reporting person held 6,197 common shares directly. On July 31, 2026, the director received a grant of 1,623 restricted stock units upon re-election to the board; these units will vest 100% on the earlier of the company’s next Annual Meeting or July 31, 2027. All reported transactions reflect equity awards and RSU vesting rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,998 shares
Net Buy
3 txns
Insider
LE DUY LOAN T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F3, F4, F5 | 1,623 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 1,998 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 1,998 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,623 shares (Direct);
Common Stock — 6,197 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on July 29, 2026.
- F2. Expiration Date of July 29, 2026.
- F3. Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- F4. Restricted Stock Units granted upon re-election to Cirrus Logic, Inc.'s Board of Directors.
- F5. 100% of the restricted stock units will vest on the earlier of: (a) the date of the Company's next Annual Meeting or (b) on July 31, 2027, the 1-year anniversary of the grant date.
Key Figures
RSUs vested and converted: 1,998 restricted stock units
Common shares held after vesting: 6,197 shares
New RSU grant: 1,623 restricted stock units
+2 more
5 metrics
RSUs vested and converted
1,998 restricted stock units
Vested and converted into common stock on July 29, 2026
Common shares held after vesting
6,197 shares
Direct common stock holdings following July 29, 2026 transaction
New RSU grant
1,623 restricted stock units
Granted on July 31, 2026 upon re-election to the board
RSU vesting deadline
July 31, 2027
Latest vesting date or earlier on the company’s next Annual Meeting
RSU expiration date
July 29, 2026
Expiration date associated with vested restricted stock units
Key Terms
Restricted Stock Units, economic equivalent, contingent right
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each restricted stock unit was the economic equivalent of one share of common stock"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transactions did Cirrus Logic (CRUS) director T. Le Duy Loan report?
T. Le Duy Loan reported 1,998 restricted stock units vesting into common stock and a new grant of 1,623 restricted stock units. These transactions reflect equity awards and RSU vesting rather than any open-market purchases or sales.
When did the 1,998 Cirrus Logic (CRUS) restricted stock units vest and convert?
The 1,998 restricted stock units vested and converted into an equal number of Cirrus Logic common shares on July 29, 2026. Each restricted stock unit was the economic equivalent of one share of common stock at vesting.
What are the terms of the 1,623 Cirrus Logic (CRUS) restricted stock units granted to the director?
The 1,623 restricted stock units were granted on July 31, 2026 upon re-election to the board. They vest 100% on the earlier of the company’s next Annual Meeting or July 31, 2027, according to the disclosed vesting schedule.
Were the recent Cirrus Logic (CRUS) insider transactions made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not describe any such plan. The reported activity relates to equity awards and RSU vesting rather than scheduled trading-plan sales.
Do the Cirrus Logic (CRUS) insider transactions involve any option exercises or only restricted stock units?
The reported activity involves restricted stock units that vested and converted into common stock, plus a new RSU grant. There are no stock option grants or exercises described in the data provided for this Form 4.