Baumgartner Jeffrey W sold $197K of CRUS
Baumgartner Jeffrey W (EVP, R&D) sold 1,170 shares of CIRRUS LOGIC, INC. (CRUS) at $168.23 ($0.20M total) on 2026-06-22 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
This provides incremental sentiment context (insider selling) but does not introduce new operational, financial, or regulatory information that would typically drive repricing.
Market read
Traders may note the insider sale for sentiment, but the 10b5-1 structure and lack of fundamental updates make it low-impact.
What to watch
Insider sales can be offset by other insider buys or option exercises not shown here; also, the filing doesn’t reveal whether other executives sold/bought around the same time.
Background
The article is an SEC Form 4 insider transaction disclosure for Cirrus Logic, Inc. (CRUS).
Ticker impact
Cirrus Logic Form 4 shows EVP R&D Jeffrey W. Baumgartner sold 1,170 shares at $168.23 under a 10b5-1 plan.
Low likelihood of a near-term price catalyst from this single Form 4 sale.
The filing is a pre-arranged 10b5-1 open-market sale with modest share count; no new company fundamentals, guidance, or regulatory/legal events are disclosed.
Market effects
No sector read-through; this is an individual insider transaction without disclosed operational changes.
None indicated.
None indicated.
Counterpoint
Because it’s a 10b5-1 plan, the sale may reflect scheduled liquidity needs rather than bearish expectations.
Key entities
- public_companyCRUS
Cirrus Logic, Inc., issuer of the Form 4 insider transaction.
- insiderJeffrey W. Baumgartner
EVP, R&D; reported an open-market sale under a pre-arranged 10b5-1 plan.



