Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
May 21, 2026
Reporting period
Not applicable
Filed with the SEC
May 26, 2026
OfficerOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references tax withholding
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001777830-26-000004
Filed / recorded
May 26, 2026, 8:37 PM UTC
Added to OQRO
Oct 6, 2026, 7:14 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
CIRRUS LOGIC, INC.
Issuer CIK
772406
Ticker
CRUS
Reporting person
Jeffrey W Baumgartner
Relationship
Officer
Officer title
EVP, R&D
Security
Performance Shares
Table
Derivative (Table II)
Transaction date
May 21, 2026
Transaction code
M
Shares / units
1,490
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
2,980
Ownership form
Direct
Amendment
No
Footnotes from the filing
The number of performance-based restricted stock units that we refer to as Performance Stock Units (PSUs) that vested was determined based on pre-established performance metrics, as approved by the Company's Compensation Committee, over the first fiscal year of a three-fiscal-year performance period beginning with fiscal year 2026 and ending at the conclusion of fiscal year 2028. A payout percentage was determined based on the level of performance achieved and then multiplied by the annual baseline allocation of PSUs for this tranche. Mr. Baumgartner's annual baseline allocation of PSUs was 1,490, and the payout percentage for fiscal year 2026 was 72.5%. Therefore, 1,080 shares of common stock vested, and the Company withheld sufficient shares for payment of required tax obligations.
