Jeffrey Baumgartner - 02 Sep 2025 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
EVP, R&D
Signature
By: Gregory Scott Thomas attorney-in-fact For: Jeffrey Baumgartner
Issuer symbol
CRUS
Transactions as of
02 Sep 2025
Transactions value $
-$734,411
Form type
4
Filing time
03 Sep 2025, 17:25:49 UTC
Previous filing
05 Jun 2025
Next filing
18 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Baumgartner Jeffrey W EVP, R&D 800 WEST 6TH STREET, AUSTIN By: Gregory Scott Thomas attorney-in-fact For: Jeffrey Baumgartner 03 Sep 2025 0001777830

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $383K +10K +71.42% $38.34 24K 02 Sep 2025 Direct F1
transaction CRUS Common Stock Sale -$1.12M -10K -41.66% $111.78 14K 02 Sep 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRUS Non-Qualified Stock Option (right to buy) Options Exercise $0 -10K -57.5% $0.00 7.39K 02 Sep 2025 Common Stock 10K $38.34 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 20, 2024.
F2 The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.05 to $112.47. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.
F3 Only vested shares can be exercised under this option. 25% of the shares vested on 05/02/19; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 05/02/22.