Cirrus Logic (CRUS) EVP sells 1,166 shares under 10b5-1 plan
Rhea-AI Filing Summary
CIRRUS LOGIC, INC. (CRUS) reported that Jeffrey W. Baumgartner, EVP, R&D, sold 1,166 shares of common stock on August 20, 2026 at an average price of $117.89 per share in an open-market transaction. Following this sale, he directly holds 14,073 shares of Cirrus Logic common stock. The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.
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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 ($137K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,166 | $117.89 | $137K |
Holdings After Transaction:
Common Stock — 14,073 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 of Common Stock
Sale price per share: $117.89 per share
Shares owned after transaction: 14,073 shares of Common Stock
3 metrics
Shares sold
1,166 shares of Common Stock
Non-derivative sale on August 20, 2026
Sale price per share
$117.89 per share
Open-market or private transaction on August 20, 2026
Shares owned after transaction
14,073 shares of Common Stock
Direct ownership following the August 20, 2026 sale
Key Terms
Rule 10b5-1 plan, open market or private transaction, Form 4
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.
open market or private transaction market
"transaction code description "Sale in open market or private transaction""
Form 4 regulatory
"insider transaction was reported on Form 4 by the officer"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CRUS report for Jeffrey W. Baumgartner?
CRUS reported that Jeffrey W. Baumgartner, EVP, R&D, sold 1,166 shares of Cirrus Logic common stock on August 20, 2026 in an open-market transaction at an average price of $117.89 per share.
Was the August 20, 2026 CRUS insider sale under a Rule 10b5-1 plan?
Yes. The filing states the August 20, 2026 sale of 1,166 CRUS shares by Jeffrey W. Baumgartner was made pursuant to a Rule 10b5-1 trading plan adopted by him on February 27, 2026.
What was the total value of Jeffrey W. Baumgartner’s CRUS stock sale?
Jeffrey W. Baumgartner sold 1,166 CRUS shares at an average price of $117.89 per share. Multiplying these figures implies a transaction value of approximately $137,400, based solely on the reported share count and price.
What role does Jeffrey W. Baumgartner hold at CIRRUS LOGIC, INC. (CRUS)?
Jeffrey W. Baumgartner is identified as Executive Vice President, Research & Development (EVP, R&D) at CIRRUS LOGIC, INC. in the Form 4 reporting his August 20, 2026 stock sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
