EVP Thomas Scott sold 9,942 shares of CRUS at $160.11 for $1,591,813.62, reducing holdings by 24.6% to 30,393 shares.
Thomas Scott, EVP and General Counsel of Cirrus Logic, sold 9,942 shares at $160.11 on 2026-04-09, representing a 24.6% reduction in his holdings. The transaction occurred at the 52-week high of $160.00, coinciding with significant near-term price momentum: the stock gained 18.2% over 30 days and 31.4% over 90 days prior to the sale. Scott's cross-ticker track record shows a 50.00% well-timed rate on prior sells (higher = better), though his same-ticker history at CRUS is mixed: his prior two sales achieved 3.8% and 13.4% returns over 30 days, with only 1 of 2 well-timed at the 90-day mark. The fundamental backdrop shows the company generating $580.6M in quarterly revenue with $140.3M net income and a reasonable P/E of 20.20, suggesting the sale occurred from a position of strength rather than distress. The magnitude and timing merit monitoring, though the absence of coordinated insider activity and the company's solid financial metrics limit the urgency of the signal.