Thomas Scott, the EVP and General Counsel of Cirrus Logic (CRUS), has been a consistent seller of company stock over the past year, with Form 4 filings showing no open-market purchases during the period. Across 39 total transactions, Scott has sold approximately $4.5 million worth of CRUS shares while acquiring no stock through open-market buys. The selling pattern is steady and recurring, with notable dispositions including $1.59 million on April 9, 2026, $1.35 million on September 18, 2025, and $458,740 on February 13, 2026. Smaller sales occurred on June 3, 2026 ($234,052), March 3, 2025 ($311,280), and October 20, 2025 ($96,338).
The transactions are predominantly paired with option exercises (code M) and share withholdings for tax purposes (code F), which are mechanical events rather than discretionary trades. For instance, the April 9 sale was accompanied by an option exercise valued at $681,624, and the February 13 sale followed a $177,011 exercise. The most recent activity in June 2026 shows a similar structure: a $101,400 option exercise paired with the $234,052 sale. Equity grants (code A) appeared in February 2026 with no cash value, and tax-related withholdings of $111,226 and $85,240 were recorded on February 6, 2026.
The data reveals a clear directional bias toward liquidation rather than accumulation. Scott has not made a single open-market purchase in the trailing period, and every sale has been executed in the context of option exercises or vesting events. The dollar values are moderate for an executive at a semiconductor firm, and the cadence—roughly quarterly—suggests a routine approach to diversifying equity compensation. There is no evidence of concentrated or opportunistic selling outside of these scheduled patterns.
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