DAVERN ALEXANDER M 4

What Happened Alexander M. Davern, a director of Cirrus Logic, sold 1,000 shares in an open-market transaction on May 20, 2026, at $159.00 per share, yielding proceeds of $159,000. This was a sale (transaction code S), which is often routine insider selling and does not by itself indicate a change in company prospects.

Key Details

• Transaction date and price: 2026-05-20, 1,000 shares at $159.00 each.
• Total proceeds: $159,000.
• Transaction type: Open-market sale (Form 4 code S).
• Shares owned after transaction: Not disclosed in the information provided.
• Filing timeliness: Form filed on 2026-05-21 (the day after the transaction); no late filing flag indicated in the provided data.
• Footnotes/plan disclosures: No 10b5-1 plan, tax withholding, or other footnotes were provided in the data you shared.

Context Insider sales are common for liquidity, diversification, or other personal reasons and do not necessarily reflect the insider’s view of the company. For a fuller picture (exact post-sale holdings, any plan-based sales, or additional footnotes), review the complete SEC Form 4 filing or subsequent disclosures.