Cirrus Logic EVP Disposes of $138K in Stock Under 10b5-1 Plan
CIRRUS LOGIC, INC.
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Filing Summary
Cirrus Logic EVP Disposes of $138K in Stock Under 10b5-1 Plan
Company: CIRRUS LOGIC, INC. (CRUS)
Form: 4 | Filed: 2026-09-23
Significance: Low
Insider: Jeffrey W. Baumgartner Title: EVP, R&D | Relationship: Officer
Transaction: • Type: Sell • Shares: 1,166 • Price: $119.00 • Value: $138,754 • Owned After: 12,907
Key Insight: Routine programmatic sale executed pursuant to a pre-arranged Rule 10b5-1 trading plan established in February 2026, representing less than 0.01% of outstanding shares.
Market Context: Cirrus Logic maintains a market capitalization of approximately $5.95B; this trade represents approximately 8.3% of the executive's direct holdings.
Comprehensive Analysis
SEC Filing Analysis: CIRRUS LOGIC, INC. (CRUS)
Executive Summary
- Trading Significance: Low
- Key Takeaway: EVP of R&D Jeffrey Baumgartner sold 1,166 shares for approximately $138,754 via a pre-established Rule 10b5-1 trading plan.
- Market Impact: Immaterial to company valuation and stock liquidity.
Company Information
| Field | Value |
|---|---|
| Company | CIRRUS LOGIC, INC. |
| Ticker Symbol | CRUS |
| CIK | 0000772406 |
| Industry | Semiconductors & Related Devices |
Insider Information
| Field | Value |
|---|---|
| Name | Jeffrey W. Baumgartner |
| CIK | 0001777830 |
| Title/Position | EVP, R&D |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-21 |
| Transaction Code | S (Open market sale) |
| Security Type | Common Stock |
| Shares Involved | 1,166 |
| Price Per Share | $119.00 |
| Total Value | $138,754.00 |
| Shares Owned After | 12,907 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $138,754.00 |
| % of Market Cap | 0.0023% |
| Shares Transacted | 1,166 |
| % of Shares Outstanding | 0.0023% |
| Post-Transaction Ownership | 12,907 shares (0.0256% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Relative to Cirrus Logic's $5.95B market capitalization, the $138.8K transaction is negligible.
- Ownership Concentration: Baumgartner continues to directly hold 12,907 shares, having disposed of roughly 8.28% of his holdings prior to the sale.
- Dilution Impact: None; this transaction was an open-market disposition of existing common shares.
- Transaction Significance: Low significance under standard threshold criteria (<0.1% of market cap and shares outstanding).
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The trade was pre-scheduled under a Rule 10b5-1 trading plan adopted on February 27, 2026, and is too small to alter share price momentum.
Volume & Sentiment
- Expected Volume Impact: Immaterial volume impact against typical daily trading volume.
- Sentiment Indicator: Neutral
Additional Context
Transaction Notes
- Special Circumstances: The disposition was conducted pursuant to an affirmative defense Rule 10b5-1 trading plan adopted on February 27, 2026, removing discretionary market timing.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.