Denise Grode - 05 Feb 2026 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
EVP, CHRO
Signature
By: Gregory Scott Thomas For: Denise Grode
Issuer symbol
CRUS
Transactions as of
05 Feb 2026
Net transactions value
-$176,333
Form type
4
Filing time
09 Feb 2026, 16:30:59 UTC
Previous filing
17 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Grode Denise EVP, CHRO 800 WEST 6TH STREET, AUSTIN By: Gregory Scott Thomas For: Denise Grode 09 Feb 2026 0001920711

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $0 +2,186 +38% $0.000000 7,884 06 Feb 2026 Direct F1
transaction CRUS Common Stock Tax liability $76,102 -533 -6.8% $142.78 7,351 06 Feb 2026 Direct F2
transaction CRUS Common Stock Options Exercise $0 +2,687 +37% $0.000000 10,038 06 Feb 2026 Direct
transaction CRUS Common Stock Tax liability $100,232 -702 -7% $142.78 9,336 06 Feb 2026 Direct 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 Performance Shares Options Exercise $0 -1,935 -31% $0.000000 4,288 06 Feb 2026 Common Stock 1,935 Direct F1
transaction CRUS Restricted Stock Units Options Exercise $0 -2,687 -28% $0.000000 6,871 06 Feb 2026 Common Stock 2,687 Direct F3
transaction CRUS Restricted Stock Units Award $0 +4,337 +63% $0.000000 11,208 05 Feb 2026 Common Stock 4,337 Direct F4, F5
transaction CRUS Performance Shares Award $0 +3,494 +81% $0.000000 7,782 05 Feb 2026 Common Stock 3,494 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of performance-based restricted stock units that we refer to as Market Stock Units (MSUs) that vested was determined based on pre-established performance metrics over a three-year period beginning February 6, 2023, and ending February 6, 2026. A total shareholder return (TSR) measurement was made relative to the component companies of the Philadelphia Semiconductor Index, which determined a payout percentage ranging between 0-200%. The payout percentage was then multiplied by a target number of MSUs. Ms. Grode's target number of MSUs was 1,935 (which is shown in Table II), and Cirrus Logic's TSR for the three-year period resulted in a 113% payout percentage. Therefore, 2,186 shares of common stock vested (which is shown in Table I), and the Company withheld sufficient shares for payment of required tax obligations.
F2 No shares were sold; these shares were withheld to satisfy tax withholding requirements.
F3 Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on February 6, 2026, and the Company withheld sufficient shares for payment of required tax withholdings.
F4 Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F5 100% of the restricted stock units will vest on February 5, 2029, the 3-year anniversary of the grant date.
F6 These performance shares reflect performance-based restricted stock units that we refer to as Market Stock Units (MSUs). Each MSU represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the MSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on February 5, 2026, and ending on February 5, 2029. The MSU performance metrics involve total shareholder return (TSR) relative to the component companies of the Russell 3000 index.