Form 4: Cirrus Logic EVP Exercises Stock Options
Insider Transaction Report
Carl Jackson Alberty, EVP of MSP at Cirrus Logic, exercised 1,197 incentive stock options at $78 per share, increasing his direct common stock holdings to 39,778 shares.
Summary
- Carl Jackson Alberty, Executive Vice President of MSP at Cirrus Logic, Inc. (CRUS), reported the exercise of incentive stock options.
- On February 27, 2026, 1,197 shares of Cirrus Logic common stock were acquired through the exercise of these options.
- The exercise price for the options was $78 per share.
- Following this transaction, Alberty directly owns 39,778 shares of Cirrus Logic common stock.
- The incentive stock options were fully vested and exercisable as of March 3, 2025, and have an expiration date of March 3, 2031.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a routine, slightly positive event, reflecting an executive's exercise of vested compensation and continued direct ownership in the company, which can be seen as a vote of confidence.
Positives
- An executive exercised vested stock options, acquiring 1,197 shares of common stock, which is a standard component of executive compensation.
- The exercise price of $78 per share indicates that the stock price was at or above this level, making the exercise financially beneficial for the executive.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, such as the exercise of stock options, are a common and routine aspect of executive compensation within the semiconductor and mixed-signal integrated circuit industry, serving to align executive interests with shareholder value.
Stakeholder Impact
- Shareholders: The transaction increases the direct ownership stake of a key executive, potentially aligning management interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/03/2022 | 25% of the shares under the option vested. |
| 03/03/2025 | The option was fully vested and exercisable. |
| 02/27/2026 | Date of transaction, when the incentive stock options were exercised. |
| 03/02/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
| 03/03/2031 | Expiration date of the incentive stock option. |
Recommendation
holdThis Form 4 filing reports a routine exercise of vested stock options by an executive, which is a standard part of executive compensation. It does not provide new fundamental information about the company's operations or future prospects that would warrant a change in investment recommendation.
Keywords
Cirrus Logic, CRUS, stock options, insider transaction, Form 4, executive compensation, Carl Jackson Alberty
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