Form 4: Cirrus Logic SVP, Global Operations, Justin E. Dougherty, Reports Stock Transactions
SEC Form 4
Justin E. Dougherty, SVP, Global Operations at Cirrus Logic, reported the acquisition and disposal of common stock and derivative securities on August 9, 2024.
Summary
- On August 9, 2024, Justin E. Dougherty, SVP, Global Operations at Cirrus Logic, reported transactions involving Cirrus Logic's common stock and derivative securities.
- Dougherty disposed of 1,000 shares of common stock at a weighted average price of $131.6929.
- He also disposed of 6,492 shares of common stock at a weighted average price of $131.7065.
- Additionally, Dougherty disposed of 663 shares of common stock at a weighted average price of $131.7065.
- Furthermore, Dougherty disposed of 1,194 shares of common stock at a weighted average price of $131.7065.
- Moreover, Dougherty disposed of 854 shares of common stock at a weighted average price of $131.7065.
- Dougherty acquired 6,492 shares of common stock through the exercise of non-qualified stock options at a price of $78.
- He also acquired 663 shares of common stock through the exercise of non-qualified stock options at a price of $68.56.
- Dougherty acquired 1,194 shares of common stock through the exercise of incentive stock options at a price of $68.56.
- Additionally, Dougherty acquired 854 shares of common stock through the exercise of incentive stock options at a price of $78.
- Following these transactions, Dougherty directly owns 4,838 shares of common stock.
- He also owns 289 non-qualified stock options (right to buy) and 966 incentive stock options (right to buy).
Sentiment
Score: 5
Explanation: This is a routine SEC Form 4 filing, indicating stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides information about the insider's trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/03/2022 | 25% of the shares vested and became exercisable for non-qualified stock option (right to buy) at $78. |
| 11/06/2020 | 25% of the shares vested and became exercisable for non-qualified stock option (right to buy) at $68.56 and incentive stock option (right to buy) at $68.56. |
| 11/06/2023 | Non-qualified stock option (right to buy) at $68.56 and incentive stock option (right to buy) at $68.56 were fully vested and exercisable. |
| 03/03/2025 | Non-qualified stock option (right to buy) at $78 will be fully vested and exercisable. |
| 08/09/2024 | Date of stock transactions reported in Form 4. |
| 03/03/2031 | Expiration date for Non-Qualified Stock Option (right to buy) at $78. |
| 11/06/2029 | Expiration date for Non-Qualified Stock Option (right to buy) at $68.56 and Incentive Stock Option (right to buy) at $68.56. |
| 08/13/2024 | Date of Form 4 filing. |
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