[Form 4] Cirrus Logic Inc Insider Trading Activity
Catherine P. Lego, a director of Cirrus Logic (CRUS), reported two equity transactions. On 07/26/2025, 1,624 restricted stock units (RSUs) fully vested and automatically converted into an equal number of common shares at $0 cost (Code A). Her direct ownership rose to 9,710 shares; she also continues to hold 3,000 shares indirectly through a trust.
On 07/29/2025, Lego received a new grant of 1,998 RSUs (Code A). These units will vest 100% on the earlier of the next annual meeting or 07/29/2026, leaving her with 1,998 unvested RSUs outstanding. Following the settlement of the vested RSUs, no derivative securities remain outstanding from the prior grant.
No shares were sold, and all activity represents equity accumulation by the director, signaling continued alignment with shareholders but involving a relatively small share count versus Cirrus Logic’s total shares outstanding.
- Director increased direct share ownership by 1,624 shares, indicating continued alignment with shareholder interests.
- New 1,998-unit RSU grant supports board retention and long-term incentive alignment.
- None.
Insights
TL;DR: Director adds 1.6k shares, receives 2k new RSUs; minor but positive alignment, immaterial to float.
The filing shows voluntary share accumulation by Director Catherine Lego via RSU vesting, plus a fresh award timed with board re-election. Because transactions were at no cost and no shares were sold, the signal is directionally positive. However, the net 1,624 shares added represent less than 0.01% of CRUS’s ~55 million share count, limiting market impact. The new 1,998-unit grant is standard board compensation. Overall, the filing confirms management retention and alignment but is not financially material to valuation or liquidity.
TL;DR: Routine Form 4; confirms director engagement, no red flags.
From a governance angle, the award size and one-year cliff vesting mirror Cirrus Logic’s standard non-employee director plan, supporting board continuity. Absence of disposals suggests the director’s confidence, while the trust holding structure is transparent. No accelerated vesting or unusual pricing is noted. Hence, the disclosure is routine and not impactful for governance risk assessment.