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
Feb 6, 2026
Reporting period
Not applicable
Filed with the SEC
Feb 6, 2026
CEOOption 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
0001778872-26-000002
Filed / recorded
Feb 6, 2026, 11:39 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
John Forsyth
Relationship
Director, Officer
Officer title
CEO
Security
Performance Shares
Table
Derivative (Table II)
Transaction date
Feb 6, 2026
Transaction code
M
Shares / units
15,239
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
31,722
Ownership form
Direct
Amendment
No
Footnotes from the filing
The number of performance-based restricted stock units that we refer to as Market Stock Units (MSUs) that vested was determined based on pre-established performance metrics over a three-year period beginning February 6, 2023, and ending February 6, 2026. A total shareholder return (TSR) measurement was made relative to the component companies of the Philadelphia Semiconductor Index, which determined a payout percentage ranging between 0-200%. The payout percentage was then multiplied by a target number of MSUs. Mr. Forsyth's target number of MSUs was 15,239 (which is shown in Table II), and Cirrus Logic's TSR for the three-year period resulted in a 113% payout percentage. Therefore, 17,220 shares of common stock vested (which is shown in Table I), and the Company withheld sufficient shares for payment of required tax obligations.
