Cirrus Logic director receives new RSU grant
CIRRUS LOGIC, INC. director David J. Tupman reported equity compensation activity.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
CIRRUS LOGIC, INC. director David J. Tupman reported equity compensation activity. On July 29, 2026, 1,998 restricted stock units vested and converted into 1,998 shares of common stock, giving him 27,916 directly held shares. On July 31, 2026, he received a grant of 1,623 restricted stock units, which will vest 100% on the earlier of the company’s next Annual Meeting or July 31, 2027. The filing indicates these transactions were not made under a Rule 10b5-1 trading plan.
Insider Trade Summary
1,998 shares exercised/converted
Exercise
3 txns
Insider
Tupman David J.
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 |
| Grant/Award | Common Stock F1, F2 | 1,998 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,623 contracts (Direct);
Common Stock — 27,916 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock units 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: 1,998 units
Common shares acquired: 1,998 shares
New RSU grant size: 1,623 units
+2 more
5 metrics
RSUs vested
1,998 units
Restricted stock units vested on July 29, 2026 and converted into common stock
Common shares acquired
1,998 shares
Shares of common stock received upon RSU vesting on July 29, 2026
New RSU grant size
1,623 units
Restricted stock units granted on July 31, 2026 upon re-election to the Board
Shares held after transaction
27,916 shares
Direct common stock ownership following the July 29, 2026 acquisition
RSU vesting deadline
July 31, 2027
New RSU grant vests on earlier of next Annual Meeting or this date
Key Terms
Restricted Stock Units, economic equivalent of one share of common stock, Expiration Date, Annual Meeting
4 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.
Expiration Date financial
"Expiration Date of July 29, 2026."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Annual Meeting financial
"will vest on the earlier of: (a) the date of the Company's next Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Cirrus Logic (CRUS) director David J. Tupman report?
David J. Tupman reported 1,998 restricted stock units vesting into 1,998 common shares on July 29, 2026, and a new grant of 1,623 restricted stock units on July 31, 2026, as part of his equity compensation.
What are the vesting terms of David J. Tupman’s new Cirrus Logic (CRUS) restricted stock unit grant?
Tupman received 1,623 restricted stock units that will vest 100% on the earlier of the company’s next Annual Meeting or July 31, 2027. Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
Were David J. Tupman’s Cirrus Logic (CRUS) transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox was not marked, meaning the reported transactions were not executed pursuant to a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.
What happened to David J. Tupman’s previously granted Cirrus Logic (CRUS) restricted stock units?
On July 29, 2026, 1,998 restricted stock units vested and were the economic equivalent of one share of common stock each. They effectively converted into 1,998 common shares, and those restricted stock units expired on the same date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
