[Form 4] Cirrus Logic Inc Insider Trading Activity
Cirrus Logic (CRUS) filed a Form 4 for director Muhammad Raghib Hussain. On 07/26/2025, 1,624 restricted stock units (RSUs) vested and were converted into common shares at no cost, increasing Hussain’s directly held stake to 8,581 shares. The same day the corresponding derivative position was settled, leaving no remaining units from that grant.
On 07/29/2025, the board granted Hussain a new award of 1,998 RSUs (Code A). These units will vest 100% on the earlier of the next annual meeting or 07/29/2026, maintaining equity alignment over the coming year. Following the grant, Hussain holds 1,998 derivative securities in addition to his common shares. No open-market purchases or sales occurred; all transactions were issuer equity grants or vesting events, therefore cash price per share was $0.
- Director M. Raghib Hussain increased direct ownership by 1,624 shares, now holding 8,581 shares.
- Grant of 1,998 new RSUs extends equity alignment through July 2026.
- None.
Insights
TL;DR: Minor insider ownership increase via RSU vesting and new grant; immaterial to CRUS valuation.
Hussain’s additional 1,624 shares and 1,998-unit RSU grant slightly deepen insider alignment but represent an inconsequential fraction of Cirrus Logic’s ~55 million shares outstanding. No cash outlay or open-market purchase suggests the activity is routine board compensation rather than a signal of undervaluation. The absence of disposals avoids negative sentiment, yet the small scale limits market impact.
TL;DR: Standard director equity program renewed; reinforces governance norms, impact neutral.
The new one-year vesting schedule encourages continued board service through the next annual meeting, consistent with best-practice pay-for-service models. Full-value RSUs (no strike price) align interests without encouraging excessive risk-taking. Because the award size is modest and follows historical practice, investors should view the filing as routine disclosure rather than a catalyst.