Cirrus Logic (CRUS) EVP Jeffrey W. Baumgartner Sells 1,166 Shares

What Happened

• Jeffrey W. Baumgartner, Executive Vice President, R&D at Cirrus Logic (CRUS), disposed of 1,166 shares on 2026-09-21 via an open-market sale. The shares were sold at $119.00 per share for total gross proceeds of $138,754. This was a sale (routine disposition) rather than a purchase.

Key Details

• Transaction date and price: 2026-09-21 — 1,166 shares at $119.00 per share.
• Total value: $138,754 (gross proceeds).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.
• Filing date: Form 4 filed/accessible 2026-09-23 (appears to be filed within the typical two-business-day window for Form 4s).

Context

• Sales made under a Rule 10b5-1 plan are prearranged trading programs; such sales are commonly used for routine liquidity or diversification and do not, by themselves, indicate a change in the insider’s view of the company. This report shows a straightforward open-market sale by an executive.