Form 4 for CRUS CIRRUS LOGIC, INC.
Accepted 2026-05-26 16:37:56 ET · period of report 2026-05-21 · accession 0001863257-26-000006 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-05-26 16:37 | 2026-05-21 | CRUS | Dougherty Justin E | EVP, Gbl Ops | M - OptEx | $0.00 | +1,080 | 6,956 | +18% | $0 |
| D | 2026-05-26 16:37 | 2026-05-21 | CRUS | Dougherty Justin E | EVP, Gbl Ops | F - Tax | $166.62 | -419 | 6,537 | -6% | -$69.8K |
| D | 2026-05-26 16:37 | 2026-05-21 | CRUS | Dougherty Justin E | EVP, Gbl Ops | S - Sale+OE | $166.50 | -2,000 | 4,537 | -31% | -$333.0K |
| D | 2026-05-26 16:37 | 2026-05-21 | CRUS | Dougherty Justin E | EVP, Gbl Ops | M - OptEx | $0.00 | -1,490 | 2,980 | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-05-21 | M | A | 1,080 | $0.00 | 6,956 | D | — | — | (F1) The number of performance-based restricted stock units that we refer to as Performance Stock Units (PSUs) that vested was determined based on pre-established performance metrics, as approved by the Company's Compensation Committee, over the first fiscal year of a three-fiscal-year performance period beginning with fiscal year 2026 and ending at the conclusion of fiscal year 2028. A payout percentage was determined based on the level of performance achieved and then multiplied by the annual baseline allocation of PSUs for this tranche. Mr. Dougherty's annual baseline allocation of PSUs was 1,490, and the payout percentage for fiscal year 2026 was 72.5%. Therefore, 1,080 shares of common stock vested, and the Company withheld sufficient shares for payment of required tax obligations. |
| 2 | Common | Common Stock | 2026-05-21 | F | D | 419 | $166.62 | 6,537 | D | — | — | (F2) No shares were sold; these shares were withheld to satisfy tax withholding requirements. |
| 3 | Common | Common Stock | 2026-05-21 | S | D | 2,000 | $166.50 | 4,537 | D | — | — | (F3) The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.50 to $166.53. 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. |
| 4 | Derivative | Performance Shares | 2026-05-21 | M | D | 1,490 | $0.00 | 2,980 | D | — · 2026-05-21 to 2026-05-21 | 1,490 Common Stock | (F1) The number of performance-based restricted stock units that we refer to as Performance Stock Units (PSUs) that vested was determined based on pre-established performance metrics, as approved by the Company's Compensation Committee, over the first fiscal year of a three-fiscal-year performance period beginning with fiscal year 2026 and ending at the conclusion of fiscal year 2028. A payout percentage was determined based on the level of performance achieved and then multiplied by the annual baseline allocation of PSUs for this tranche. Mr. Dougherty's annual baseline allocation of PSUs was 1,490, and the payout percentage for fiscal year 2026 was 72.5%. Therefore, 1,080 shares of common stock vested, and the Company withheld sufficient shares for payment of required tax obligations. (F1) The number of performance-based restricted stock units that we refer to as Performance Stock Units (PSUs) that vested was determined based on pre-established performance metrics, as approved by the Company's Compensation Committee, over the first fiscal year of a three-fiscal-year performance period beginning with fiscal year 2026 and ending at the conclusion of fiscal year 2028. A payout percentage was determined based on the level of performance achieved and then multiplied by the annual baseline allocation of PSUs for this tranche. Mr. Dougherty's annual baseline allocation of PSUs was 1,490, and the payout percentage for fiscal year 2026 was 72.5%. Therefore, 1,080 shares of common stock vested, and the Company withheld sufficient shares for payment of required tax obligations. |