Form 4: Cirrus Logic EVP Executes Stock Option Exercise and Sale

EVP and General Counsel Scott Thomas exercised 1,300 stock options and sold the resulting shares under a 10b5-1 trading plan.

Summary

• Scott Thomas, EVP and General Counsel of Cirrus Logic, exercised 1,300 stock options at a strike price of $78.00.
• Following the exercise, the reporting person sold the 1,300 shares at a weighted average price of $180.04.
• The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on November 14, 2025.
• The reporting person retains beneficial ownership of 31,048 shares of Cirrus Logic common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction was executed under a pre-established 10b5-1 plan and represents a small portion of the executive's total holdings.

Positives

• The transaction was pre-planned under a Rule 10b5-1 plan, indicating a systematic approach to equity management rather than reactive selling.
• The reporting person maintains a significant remaining stake of 31,048 shares.

Negatives

• The transaction represents a divestment of equity by a key member of the executive leadership team.

Risks

• None identified in this specific filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine 10b5-1 sales by executives are standard practice for liquidity and tax planning and generally do not signal a lack of confidence in company performance.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for corporate insiders to avoid potential conflicts of interest regarding material non-public information.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was pre-planned and represents a small percentage of total outstanding shares.

Key Dates

Keywords

Cirrus Logic, CRUS, Insider Trading, Form 4, Stock Options, Executive Compensation