Baumgartner Jeffrey W sold $162K of CRUS
Baumgartner Jeffrey W (EVP, R&D) sold 1,166 shares of CIRRUS LOGIC, INC. (CRUS) at $138.57 ($0.16M total) on 2026-07-20 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed event is an open-market sale by an EVP of R&D, pre-arranged under Rule 10b5-1, with no accompanying guidance, contract, or regulatory development.
Market read
Traders may treat this as routine insider de-risking rather than a fundamental signal, unless paired with other new disclosures.
What to watch
The article does not state whether the sale was part of a larger planned schedule, nor does it provide option exercises, grants, or net insider activity beyond this single transaction.
Background
The article is a primary-source SEC Form 4 insider transaction for Cirrus Logic, Inc.
Ticker impact
Cirrus Logic Form 4 shows EVP R&D Jeffrey W. Baumgartner sold 1,166 shares at $138.57 on 2026-07-20 under a 10b5-1 plan.
Likely minimal near-term impact; any effect is more sentiment than fundamentals.
The filing is an insider transaction with stated 10b5-1 pre-arrangement, and the article provides no new company-specific news beyond the sale details.
Market effects
No sector read-through is provided; this is company-specific insider selling only.
None indicated.
None indicated.
Counterpoint
Even with 10b5-1, repeated insider selling can coincide with executives de-risking ahead of perceived risk, so traders may watch for follow-on sales or other disclosures.
Key entities
- issuerCRUS
Cirrus Logic, Inc., the company whose insider transaction is reported.
- insiderJeffrey W. Baumgartner
EVP, R&D who sold 1,166 shares.
- mechanismRule 10b5-1 plan
Pre-arranged trading plan cited as Yes in the filing.



