Brannan Andrew 4

4 · CIRRUS LOGIC, INC. · Filed Jun 30, 2026

AI-generated summary of this filing

Updated Jun 30, 2026

Cirrus Logic EVP Andrew Brannan Sells 6,464 Shares After Option Exercise

What Happened

Andrew Brannan, EVP Worldwide Sales of Cirrus Logic (CRUS), exercised stock options to acquire 6,464 shares at $88.00 per share (cost $568,832) and sold the 6,464 shares the same day in an open-market transaction for a weighted average price of $144.71, generating proceeds of about $935,405.

Key Details

Transaction date: 2026-06-29; Form 4 filed 2026-06-30 (timely).
Exercise/acquisition: 6,464 shares exercised at $88.00 each = $568,832.
Sale/disposition: 6,464 shares sold at a weighted average $144.71 = $935,405; reported sale prices ranged $144.76–$147.73 (see footnote F2).
10b5-1 plan: Sale executed pursuant to a Rule 10b5-1 plan adopted by Brannan on 2026-02-27 (footnote F1).
Vesting: Options were fully vested as of 2026-03-02 (footnote F3).
Shares owned after transaction: Not stated in the filing.
Derivative line at $0: The filing also shows a derivative conversion/disposition at $0, which reflects the option exercise/settlement associated with these shares.

Context

This was effectively a same-day exercise-and-sell (cashless) transaction executed under a prearranged 10b5-1 plan. Sales by executives are often routine or for liquidity/tax purposes; purchases typically provide stronger indications of insider conviction. This filing does not indicate any change in company control or a 10% owner transaction.

Form 4

Period: 2026-06-29

EVP, Worldwide Sales

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-29$88.00/sh+6,464$568,832→ 13,667 total
Sale
Common Stock
[F1][F2]
2026-06-29$144.71/sh−6,464$935,405→ 7,203 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
[F3]
2026-06-29−6,464→ 138 total
Exercise: $88.00Exp: 2032-03-02→ Common Stock (6,464 underlying)

Footnotes (3)

[F1]This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 27, 2026.
[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 $144.76 to $147.73. 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 3/2/23; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 3/2/26.

Signature

By: Gregory Scott Thomas attorney-in-fact For: Andrew Brannan|2026-06-30

1 file