---
schema_version: "secwatch.filing_event.v1"
accession: "0000772406-23-000013"
form_type: "8-K"
ticker: "CRUS"
cik: "0000772406"
company_name: "CIRRUS LOGIC, INC."
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T14:03:00.266049+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Cirrus Logic raises CEO Forsyth's base salary 4% to $728k, boosts bonus target to 62.5%

## Summary
- CEO John Forsyth base salary increased 4% from $700,000 to $728,000 effective fiscal year 2024.
- Semiannual target bonus raised from 50% to 62.5% of base salary under 2007 Incentive Plan.
- Target total cash compensation set at $1.638 million (125% of base), between 25th and 50th percentiles of market data.
- Compensation committee considered company performance, CEO performance, and market data from Compensia, Inc.

## SEC filing metadata
- accession: 0000772406-23-000013
- form_type: 8-K
- ticker: CRUS
- cik: 0000772406
- company_name: CIRRUS LOGIC, INC.
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/772406/000077240623000013/0000772406-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/772406/000077240623000013/crus-20230323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000772406-23-000013
- JSON: https://secwatch.observer/filing/0000772406-23-000013.json
- Plain text: https://secwatch.observer/filing/0000772406-23-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.