Alberty Carl Jackson 4

What Happened
Alberty Carl Jackson, an Executive Vice President at Cirrus Logic (CRUS), had performance-based restricted stock units (MSUs) vest on Feb 6, 2026 and received additional equity grants on Feb 5, 2026. The MSU vesting resulted in 2,451 shares of common stock (the payout was 113% of a 2,169 target). Cirrus Logic withheld shares to satisfy tax obligations (1,378 shares withheld in two withholdings valued at $85,240 and $111,511). The filing also shows conversions/exercises of related derivative awards and two new equity awards granted (5,140 and 4,141 units) on Feb 5, 2026.

Key Details

• Transaction dates: grants dated Feb 5, 2026; vesting/exercise/convert and withholding reported Feb 6, 2026; Form 4 filed Feb 9, 2026 (timely).
• Prices recorded for withheld shares: $142.78 per share; withholding amounts: $85,240 (597 shares) and $111,511 (781 shares) — total ~$196,751.
• Vesting payout: target 2,169 MSUs × 113% = 2,451 shares delivered upon vesting (per footnote F1).
• New awards: 5,140 MSUs (performance-based, up to 200% payout; performance period 2/5/2026–2/5/2029) and 4,141 restricted stock units (100% vest on 2/5/2029). (See footnotes F5–F6.)
• Transaction codes: M = exercise/conversion of derivative (MSU/RSU conversion into shares); F = shares withheld to pay tax obligations; A = grant/award.
• Shares owned after transaction: not specified in the provided filing excerpt — see full Form 4 for post-transaction holdings.
• Filing timeliness: filed Feb 9 for Feb 5–6 transactions; filing appears timely (no late filing indicated).

Context and simple explanation

• These entries reflect vested/converted restricted stock units (MSUs/RSUs) rather than open-market buys or discretionary sales. The withheld shares were used only to satisfy tax withholding requirements (not a market sale).
• The newly granted MSUs are performance-based with a three-year performance period and can pay out up to 200% depending on relative Total Shareholder Return (TSR) versus peers; the RSUs granted vest in full on the three‑year anniversary.
• Such equity vestings and grant awards are routine elements of executive compensation and do not by themselves indicate an insider buying or selling stock in the open market.