The cluster is routine and non-informative. The EVP sale is likely liquidity-driven following a vesting event, and the director sale is small. No bearish read-through is warranted. Monitor upcoming earnings for any fundamental changes, but this filing alone does not signal deterioration.
Price Chart
Executive Summary
Two insiders at Cirrus Logic sold a combined $492K in open-market sales over two days, with an EVP selling $333K and a director selling $159K. The total is trivial relative to the $8.7B market cap (0.006%), and the EVP's sale coincided with derivative exercises and tax-withholding transactions, suggesting a liquidity/vesting-driven pattern rather than a bearish signal.
Key Financial Metrics
Key Facts
- EVP Dougherty sold 2,000 shares at $166.50 for $333K on 2026-05-21
- Director Davern sold 1,000 shares at $159.00 for $159K on 2026-05-20
- Total open-market sales: $492K, representing 0.006% of $8.7B market cap
- All three EVPs (Dougherty, Baumgartner, Alberty) exercised derivatives and surrendered shares for tax withholding on the same day, indicating a coordinated vesting event
- No open-market purchases were made by any insider in the cluster
Financial Impact
Total insider sales of $492K, immaterial relative to $8.7B market cap
Risk Factors
- Insider sales could accelerate if the stock continues to rise, but no evidence of coordinated bearish view
- The semiconductor cycle remains a macro risk, but this filing adds no new information
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRUS-1779827910262 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 6w ago | Institutional Cluster | $119.87 $116.34 | ▼ −2.94% | ▼ −1.42% | $121.17 (+1.08%) |
Aug 5, 2026 8w ago | 8-K | $123.51 $113.13 | ▼ −8.40% | ▼ −9.00% | $121.17 (−1.89%) |
Jul 2, 2026 13w ago | Insider Cluster | $146.24 $131.86 | ▼ −9.83% | ▼ −9.42% | $121.17 (−17.14%) |
Jun 30, 2026 13w ago | Insider Cluster | $146.42 $134.07 | ▼ −8.43% | ▼ −6.25% | $121.17 (−17.24%) |
Jun 2, 2026 17w ago | Insider Cluster | $178.90 $146.24 | ▼ −18.26% | ▼ −17.26% | $121.17 (−32.27%) |
May 26, 2026 18w ago | Insider Cluster | $173.59 $153.98 | ▼ −11.30% | ▼ −9.40% | $121.17 (−30.20%) |
May 21, 2026 19w ago | 144 | $171.17 $160.00 | ▼ −6.53% | ▼ −5.11% | $121.17 (−29.21%) |
May 6, 2026 21w ago | 8-K | $171.68 $178.90 | ▲ +4.21% | ▲ +1.07% | $121.17 (−29.42%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access