Form 4: Cirrus Logic Director Alexander Davern Sells 1,000 Shares

Director Alexander Davern of Cirrus Logic sold 1,000 shares of common stock at a price of $105.625 on May 21, 2025.

Summary

• On May 21, 2025, Alexander Davern, a director of Cirrus Logic, Inc. (CRUS), sold 1,000 shares of the company's common stock.
• The transaction was executed at a price of $105.625 per share.
• Following the transaction, Davern directly owns 20,907 shares of Cirrus Logic common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a standard disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

This is a routine disclosure of an insider transaction. It's important to monitor insider transactions as they can sometimes provide insights into management's view of the company's prospects, although individual sales can be for various personal reasons.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although a single transaction of this size is unlikely to have a significant impact.

Key Dates

Keywords

Cirrus Logic, CRUS, Alexander Davern, stock sale, Form 4, director, insider trading