Form 4: Cirrus Logic SVP, Global Operations, Justin E. Dougherty, Reports Sale of Common Stock
SEC Form 4 Filing
Justin E. Dougherty, SVP, Global Operations at Cirrus Logic, reports the sale of 4,000 shares of common stock on May 13, 2024.
Summary
- On May 13, 2024, Justin E. Dougherty, the SVP, Global Operations at Cirrus Logic, sold 4,000 shares of common stock.
- The sale was executed at a weighted average price of $107.85 per share.
- Following the transaction, Dougherty directly owns 5,838 shares of Cirrus Logic common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a report of a stock sale by an executive, which doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of transaction: Sale of 4,000 shares of common stock. |
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