Cirrus Logic (CRUS) director Alexander Davern sells 1,000 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CIRRUS LOGIC, INC. director Alexander M. Davern reported an open-market sale of 1,000 shares of Common Stock at $159.00 per share. After this transaction, he directly holds 20,531 Cirrus Logic shares, indicating he retains a substantial ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($159,000)
Net Sell
1 txn
Insider
DAVERN ALEXANDER M
Role
null
Sold
1,000 shs ($159K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $159.00 | $159K |
Holdings After Transaction:
Common Stock — 20,531 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,000 shares
Sale price: $159.00 per share
Sale value: $159,000
+1 more
4 metrics
Shares sold
1,000 shares
Open-market sale of Common Stock
Sale price
$159.00 per share
Price received for each share sold
Sale value
$159,000
1,000 shares sold at $159.00
Shares held after
20,531 shares
Direct holdings following the transaction
Key Terms
open-market sale, Common Stock, Form 4
3 terms
open-market sale financial
"reported an open-market sale of 1,000 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"sale of 1,000 shares of Common Stock at $159.00 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"according to the Form 4 insider trading report"
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 Cirrus Logic (CRUS) director Alexander Davern report?
Alexander M. Davern reported an open-market sale of 1,000 shares of Cirrus Logic Common Stock. The transaction occurred at a price of $159.00 per share, according to the Form 4 insider trading report.
Was Alexander Davern’s Cirrus Logic (CRUS) transaction a buy or a sell?
The transaction was a sale of Cirrus Logic Common Stock. The Form 4 lists the transaction code as “S” and describes it as an open-market sale, indicating a disposition rather than an acquisition of shares.