Cirrus Logic, Inc. (CRUS) director adds 1,623 RSUs and 1,998 shares
Rhea-AI Filing Summary
CIRRUS LOGIC, INC. director Muhammad Raghib Hussain reported equity award activity. On July 29, 2026, 1,998 restricted stock units vested and converted into 1,998 shares of common stock, bringing his direct common share holdings to 10,579. On July 31, 2026, he received a grant of 1,623 restricted stock units upon re-election to the board, which will vest in full on the earlier of the company’s next Annual Meeting or July 31, 2027.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 1,998 shares
Net Buy
3 txns
Insider
Hussain Muhammad Raghib
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 shares (Direct);
Common Stock — 10,579 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 granted upon board re-election: 1623.0000 units
RSUs vested and converted: 1998.0000 units
Common shares acquired from RSU conversion: 1998.0000 shares
+3 more
6 metrics
RSUs granted upon board re-election
1623.0000 units
Restricted stock units granted on July 31, 2026, vesting by the next Annual Meeting or July 31, 2027
RSUs vested and converted
1998.0000 units
Restricted stock units that vested and converted into common stock on July 29, 2026
Common shares acquired from RSU conversion
1998.0000 shares
Common stock received upon RSU conversion on July 29, 2026
Common shares held after transaction
10579.0000 shares
Direct Cirrus Logic common stock holdings following the July 29, 2026 acquisition
RSU vesting deadline for new grant
July 31, 2027
Latest vesting date for the 1623.0000 restricted stock units granted July 31, 2026
Expiration date of vested RSUs
July 29, 2026
Expiration date associated with the 1998.0000 restricted stock units that vested
Key Terms
Restricted Stock Units, economic equivalent, contingent right, 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.
economic equivalent financial
"Each restricted stock unit was the economic equivalent of one share of common stock"
contingent right financial
"represents a contingent right to receive one share of Cirrus Logic common stock"
Annual Meeting regulatory
"will vest on the earlier of 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CIRRUS LOGIC (CRUS) report for Muhammad Raghib Hussain?
Muhammad Raghib Hussain reported 1,998 restricted stock units vesting and converting into common stock on July 29, 2026, and a new grant of 1,623 restricted stock units on July 31, 2026, tied to his re-election to the board.
What is the vesting schedule for the 1,623 RSUs granted to Muhammad Raghib Hussain at CIRRUS LOGIC (CRUS)?
The 1,623 restricted stock units granted on July 31, 2026 will vest 100% on the earlier of the company’s next Annual Meeting or July 31, 2027, representing a one-year vesting horizon from the grant date.
What do the restricted stock units in the CIRRUS LOGIC (CRUS) Form 4 represent?
Each restricted stock unit is described as the economic equivalent of one share of Cirrus Logic common stock and represents a contingent right to receive one share upon vesting, rather than an immediate share of stock.
Were the CIRRUS LOGIC (CRUS) insider transactions made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as an affirmative trading plan, indicating the reported equity award vesting and grant were not executed pursuant to a Rule 10b5-1 pre-arranged trading arrangement.