Form 4: Cirrus Logic CEO Sells Shares Under 10b5-1 Plan

Cirrus Logic CEO John Forsyth sold 5,000 shares of common stock for $170.41 per share as part of a pre-arranged trading plan.

Summary

• John Forsyth, CEO of Cirrus Logic, Inc., reported a transaction involving the sale of 5,000 shares of common stock.
• The sale occurred on May 8, 2026, with the shares sold at a weighted average price of $170.41.
• These shares were sold as part of a Rule 10b5-1 trading plan adopted on August 29, 2025.
• Following this transaction, Forsyth beneficially owns 70,016 shares of common stock.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative sentiment due to the insider sale, although the pre-planned nature of the transaction mitigates significant concern.

Negatives

• The CEO sold a significant number of shares, which could be perceived negatively by the market, although it was executed under a pre-planned trading strategy.

Risks

• The sale of shares by a key executive could be interpreted as a lack of confidence in the company's future performance, despite being part of a pre-established plan.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it is a statement of changes in beneficial ownership.

Industry Context

StockSavvy.ai notes that insider selling, even under a 10b5-1 plan, is closely watched by investors. Such transactions can sometimes create short-term negative sentiment, regardless of the underlying business performance.

Stakeholder Impact

• Shareholders may view the CEO's stock sale with caution, potentially impacting short-term stock price sentiment, despite the transaction being part of a pre-arranged plan.

Next Steps

• The reporting person will provide full information regarding the number of shares sold at each separate price upon request to any security holder or the SEC staff.

Key Dates

Recommendation

The filing reports a routine stock sale by the CEO under a 10b5-1 plan. While insider selling can be a negative signal, the pre-planned nature suggests it's not necessarily a reflection of immediate negative outlook. Without other performance data, a 'hold' recommendation is prudent, advising investors to monitor future filings and company performance.

Keywords

Cirrus Logic, CRUS, Form 4, Insider Trading, 10b5-1 Plan, Stock Sale, CEO, Beneficial Ownership