Cirrus Logic EVP Sells 1,166 Shares for $137,460
Insider reduced direct holdings by 8% under a Rule 10b5-1 trading plan adopted in February, maintaining 14,073 shares worth ~$1.6 million.
Overview
Jeffrey W. Baumgartner, EVP, R&D of Cirrus Logic, Inc. (NASDAQ:CRUS), sold 1,166 shares of common stock on Aug. 20, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($117.89); post-transaction value based on Aug. 20, 2026, market close ($116.90).
Details
Cirrus Logic is a specialized semiconductor design company with a $5.9 billion market capitalization and $2 billion in TTM revenue, demonstrating strong profitability with $431 million in net income.
Source
Originally published at www.fool.com.
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