Form 4: Davern Sells Cirrus Logic Shares

Alexander M. Davern, a Director at Cirrus Logic, Inc., reported a transaction involving the sale of 1,000 shares of common stock.

Summary

• Director Alexander M. Davern of Cirrus Logic, Inc. (CRUS) sold 1,000 shares of common stock on May 20, 2026.
• The transaction was executed at a price of $159 per share.
• Following this transaction, Davern beneficially owns 20,531 shares of common stock directly.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the insider sale, though the amount is relatively small compared to the total shares held.

Negatives

• Director Alexander M. Davern sold 1,000 shares of common stock, indicating a reduction in his direct beneficial ownership.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While a single sale by a director does not necessarily indicate a negative outlook for Cirrus Logic, it is a data point for investors to consider regarding insider sentiment.

Stakeholder Impact

• Shareholders may view the sale of shares by a director with caution, potentially impacting short-term investor sentiment.

Key Dates

Keywords

Cirrus Logic, CRUS, Form 4, Insider Trading, Stock Sale, Director Transaction, Beneficial Ownership