Form 4: Cirrus Logic VP Carl Jackson Alberty Reports Stock Transactions

Carl Jackson Alberty, VP of MSP at Cirrus Logic, reports the sale and acquisition of company stock and the exercising of stock options.

Summary

• Carl Jackson Alberty, a VP at Cirrus Logic, filed a Form 4 detailing changes in beneficial ownership.
• On May 20, 2024, Alberty sold 2,000 shares of common stock at a weighted average price of $113.35.
• On May 22, 2024, Alberty exercised incentive stock options to acquire 533 shares at $78 and 304 shares at $68.56.
• Following these transactions, Alberty directly owns 39,344 shares of Cirrus Logic common stock and holds options for 1,197 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Monitoring insider transactions is a standard practice in financial analysis to gauge management's sentiment and potential future performance.
• Comparing Alberty's transactions to those of other executives at Cirrus Logic and peer companies like Texas Instruments or Analog Devices can provide a broader context.
• Analyzing the timing and size of these transactions relative to company announcements and industry trends can offer insights into potential strategic moves or expectations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
• The filing provides transparency to stakeholders regarding insider trading activities.

Key Dates