CIRRUS LOGIC, INC., DEF 14A filed on 6/3/2026
Proxy Statement (definitive)
v3.26.1
Cover
 12 Months Ended
Mar. 28, 2026
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name Cirrus Logic, Inc.
Entity Central Index Key 0000772406
v3.26.1
Pay vs Performance Disclosure
 12 Months Ended
Mar. 28, 2026
USD ($)
Mar. 29, 2025
USD ($)
Mar. 30, 2024
USD ($)
Mar. 25, 2023
USD ($)
Mar. 26, 2022
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Fiscal YearSCT Total to PEO Compensation Actually Paid to PEO Average SCT Total for Non-PEO NEOsAverage Compensation Actually Paid to Non-PEO NEOsValue of Initial Fixed $100 Investment Based On:Net Income ($000s)Company Selected Measure:

Operating Profit Margin
Company TSRPeer Group TSR
(a)(b)(c)(d)(e)(f)(g)(h)(i)
2026$10,769,395 $22,799,519 $2,981,743 $5,110,080 $173 $254 $414,408 27.5 %
2025$9,852,387 $11,988,248 $2,392,223 $1,999,971 $120 $145 $331,507 26.5 %
2024$8,486,669 $2,874,121 $1,916,212 $747,734 $111 $164 $274,572 25.0 %
2023$8,393,825 $11,345,556 $2,393,470 $2,704,444 $127 $103 $176,703 24.9 %
2022$6,624,468 $6,333,653 $1,737,270 $1,433,114 $106 $115 $326,355 26.5 %
        
Company Selected Measure Name Operating Profit Margin        
Named Executive Officers, Footnote The principal executive officer (PEO) reflected in columns (b) and (c) is John M. Forsyth, our current Chief Executive Officer who was our PEO during all the fiscal years in the table.The non-principal executive officer named executive officers (“NEOs”) reflected in columns (d) and (e) consist of the following individuals:
FY2026: Jeff Woolard, Gregory S. Thomas, Justin Dougherty, and Carl J. Alberty
FY2025: Jeff Woolard, Ulf Habermann, Venk Nathamuni, Gregory S. Thomas, Carl J. Alberty, and Justin Dougherty
FY2024: Venk Nathamuni, Gregory S. Thomas, Jeffrey W. Baumgartner, and Justin Dougherty
FY2023: Venk Nathamuni, Thurman K. Case, Denise Grodé, Gregory S. Thomas, and Jeffrey W. Baumgartner
FY2022: Thurman K. Case, Gregory S. Thomas, Jeffrey W. Baumgartner, and Andy Brannan
        
Peer Group Issuers, Footnote The “Peer Group TSR” of column (g) and within this Pay Versus Performance Disclosure corresponds to the Philadelphia Semiconductor Index (“PHLX Semiconductor”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the fiscal year ended March 28, 2026. The comparison assumes $100 was invested in the Company and in the PHLX Semiconductor, respectively, for the period beginning after markets closed on last trading day before the earliest fiscal year in the table through the end of the noted fiscal year in the table.        
PEO Total Compensation Amount $ 10,769,395 $ 9,852,387 $ 8,486,669 $ 8,393,825 $ 6,624,468
PEO Actually Paid Compensation Amount $ 22,799,519 11,988,248 2,874,121 11,345,556 6,333,653
Adjustment To PEO Compensation, Footnote To calculate the Compensation Actually Paid (CAP) of columns (c) and (e), the following adjustments were made to the Summary Compensation Table (“SCT”) total compensation of columns (b) and (d) for each applicable fiscal year:
PEO SCT Total to CAP Reconciliation
Fiscal YearSalaryBonusNon-Equity Incentive Plan CompensationStock and Option Award CompensationOther CompensationSummary Compensation Table TotalDeductions from Summary Compensation Table TotalAdjustments to Summary Compensation Table TotalCompensation Actually Paid
(i)(ii)(iii)(iv)
2026$715,850 $— $1,040,210 $9,000,184 $13,151 $10,769,395 $(9,000,184)$21,030,308 $22,799,519 
2025$695,000 $— $1,144,174 $8,000,222 $12,991 $9,852,387 $(8,000,222)$10,136,083 $11,988,248 
2024$675,619 $— $799,969 $7,000,214 $10,867 $8,486,669 $(7,000,214)$1,387,666 $2,874,121 
2023$700,000 $— $1,182,058 $6,500,117 $11,650 $8,393,825 $(6,500,117)$9,451,848 $11,345,556 
2022$613,077 $— $1,497,350 $4,500,031 $14,010 $6,624,468 $(4,500,031)$4,209,216 $6,333,653 
Reflects average of one-time cash signing bonuses reported in the SCT for our NEOs for each fiscal year shown.
ii.Reflects average “all other compensation” reported in the SCT for each fiscal year shown.
iii.Represents the average grant date fair value of equity-based awards granted each year as determined in accordance with FASB ASC Topic 718.
iv.Reflects the value of equity awards calculated in accordance with the SEC methodology for determining average non-PEO NEO CAP (as set forth in Item 402(v) of Regulation S-K) for each fiscal year shown. The equity component of CAP for each covered fiscal year is further detailed in the supplemental tables immediately below, where column (a) represents the fair value of equity awards granted during the covered fiscal year that are outstanding and unvested as the end of the covered fiscal year, column (b) reflects the change in fair value of any outstanding and unvested equity awards granted in any prior fiscal year from the end of such prior fiscal year to the end of the covered fiscal year, and column (c) reflects the change in fair value of any equity awards granted in any prior fiscal year from the end of the prior fiscal year to the vesting date at the end of or during the covered fiscal year.
PEO Equity Component of CAP
FY2026
Fair Value of Current Year Equity Awards at 3/28/2026Change in Fair Value of Prior Year Unvested Equity Awards at 3/28/2026Change in Fair Value of Prior Year Equity Awards that Vested in FY2026Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$3,684,549 $2,218,880 $915,853 $6,819,282 
MSUs$6,126,499 $3,364,954 $13,604 $9,505,057 
PSUs$— $2,372,104 $— $2,372,104 
Options$— $1,335,019 $998,846 $2,333,865 
Total$9,811,049 $9,290,956 $1,928,303 $21,030,308 
FY2025
Fair Value of Current Year Equity Awards at 3/29/2025Change in Fair Value of Prior Year Unvested Equity Awards at 3/29/2025Change in Fair Value of Prior Year Equity Awards that Vested in FY2025Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$2,541,585 $321,034 $198,586 $3,061,205 
MSUs$2,321,813 $1,284,103 $206,955 $3,812,871 
PSUs$2,541,585 $— $— $2,541,585 
Options$— $401,184 $319,238 $720,422 
Total$7,404,983 $2,006,321 $724,779 $10,136,083 
FY2024
Fair Value of Current Year Equity Awards at 3/30/2024Change in Fair Value of Prior Year Unvested Equity Awards at 3/30/2024Change in Fair Value of Prior Year Equity Awards that Vested in FY2024Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$2,316,407 $(497,902)$(150,495)$1,668,010 
MSUs$2,377,796 $(2,249,914)$(941,081)$(813,199)
Options$2,202,990 $(873,957)$(796,178)$532,855 
Total$6,897,193 $(3,621,773)$(1,887,754)$1,387,666 
FY2023
Fair Value of Current Year Equity Awards at 3/25/2023Change in Fair Value of Prior Year Unvested Equity Awards at 3/25/2023Change in Fair Value of Prior Year Equity Awards that Vested in FY2023Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$2,234,918 $523,074 $198,312 $2,956,304 
MSUs$2,412,067 $1,380,056 $(36,068)$3,756,055 
Options$2,287,051 $566,644 $(114,206)$2,739,489 
Total$6,934,036 $2,469,774 $48,038 $9,451,848 
FY2022
Fair Value of Current Year Equity Awards at 3/26/2022Change in Fair Value of Prior Year Unvested Equity Awards at 3/26/2022Change in Fair Value of Prior Year Equity Awards that Vested in FY2022Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$1,494,764 $163,758 $(119,378)$1,539,144 
MSUs$1,519,058 $(146,903)$(244,199)$1,127,956 
Options$1,482,061 $104,691 $(44,636)$1,542,116 
Total$4,495,883 $121,546 $(408,213)$4,209,216 
        
Non-PEO NEO Average Total Compensation Amount $ 2,981,743 2,392,223 1,916,212 2,393,470 1,737,270
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,110,080 1,999,971 747,734 2,704,444 1,433,114
Adjustment to Non-PEO NEO Compensation Footnote To calculate the Compensation Actually Paid (CAP) of columns (c) and (e), the following adjustments were made to the Summary Compensation Table (“SCT”) total compensation of columns (b) and (d) for each applicable fiscal year:
Fiscal YearSalaryBonusNon-Equity Incentive Plan CompensationStock and Option Award CompensationOther CompensationSummary Compensation Table TotalDeductions from Summary Compensation Table TotalAdjustments to Summary Compensation Table TotalCompensation Actually Paid
(i)(ii)(iii)(iv)
2026$475,388 $— $414,475 $2,075,176 $16,705 $2,981,743 $(2,075,176)$4,203,513 $5,110,080 
2025$326,044 $33,782 $305,850 $1,716,746 $9,801 $2,392,223 $(1,716,746)$1,324,494 $1,999,971 
2024$445,017 $— $325,674 $1,125,221 $20,300 $1,916,212 $(1,125,221)$(43,257)$747,734 
2023$400,929 $42,000 $422,520 $1,465,118 $62,902 $2,393,470 $(1,465,118)$1,776,092 $2,704,444 
2022$408,257 $— $712,785 $600,074 $16,155 $1,737,270 $(600,074)$295,918 $1,433,114 
i.Reflects average of one-time cash signing bonuses reported in the SCT for our NEOs for each fiscal year shown.
ii.Reflects average “all other compensation” reported in the SCT for each fiscal year shown.
iii.Represents the average grant date fair value of equity-based awards granted each year as determined in accordance with FASB ASC Topic 718.
iv.Reflects the value of equity awards calculated in accordance with the SEC methodology for determining average non-PEO NEO CAP (as set forth in Item 402(v) of Regulation S-K) for each fiscal year shown. The equity component of CAP for each covered fiscal year is further detailed in the supplemental tables immediately below, where column (a) represents the fair value of equity awards granted during the covered fiscal year that are outstanding and unvested as the end of the covered fiscal year, column (b) reflects the change in fair value of any outstanding and unvested equity awards granted in any prior fiscal year from the end of such prior fiscal year to the end of the covered fiscal year, and column (c) reflects the change in fair value of any equity awards granted in any prior fiscal year from the end of the prior fiscal year to the vesting date at the end of or during the covered fiscal year.
Average Non-PEO Equity Component of CAP
FY2026Average Fair Value of Current Year Equity Awards at 3/28/2026Average Change in Fair Value of Prior Year Unvested Equity Awards at 3/28/2026Average Change in Fair Value of Prior Year Equity Awards that Vested in FY2026Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$955,766 $551,034 $200,857 $1,707,657 
MSUs$1,294,850 $638,029 $1,452 $1,934,330 
PSUs$— $311,325 $— $311,325 
Options$— $139,602 $110,598 $250,200 
Total$2,250,616 $1,639,990 $312,907 $4,203,513 
FY2025Average Fair Value of Current Year Equity Awards at 3/29/2025Average Change in Fair Value of Prior Year Unvested Equity Awards at 3/29/2025Average Change in Fair Value of Prior Year Equity Awards that Vested in FY2025Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$923,370 $(149,727)$28,507 $802,150 
MSUs$435,034 $(65,792)$18,396 $387,638 
PSUs$246,237 $— $— $246,237 
Options$— $(143,023)$31,492 $(111,531)
Total$1,604,641 $(358,542)$78,395 $1,324,494 
FY2024Average Fair Value of Current Year Equity Awards at 3/30/2024Average Change in Fair Value of Prior Year Unvested Equity Awards at 3/30/2024Average Change in Fair Value of Prior Year Equity Awards that Vested in FY2024Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$372,346 $(92,575)$(57,773)$221,998 
MSUs$382,267 $(376,528)$(236,875)$(231,136)
Options$354,058 $(168,946)$(219,231)$(34,119)
Total$1,108,671 $(638,049)$(513,879)$(43,257)
FY2023Average Fair Value of Current Year Equity Awards at 3/25/2023Average Change in Fair Value of Prior Year Unvested Equity Awards at 3/25/2023Average Change in Fair Value of Prior Year Equity Awards that Vested in FY2023Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$656,263 $51,670 $(106,862)$601,071 
MSUs$459,696 $134,568 $(60,710)$533,554 
Options$687,446 $60,702 $(106,681)$641,467 
Total$1,803,405 $246,940 $(274,253)$1,776,092 
FY2022Average Fair Value of Current Year Equity Awards at 3/26/2022Average Change in Fair Value of Prior Year Unvested Equity Awards at 3/26/2022Average Change in Fair Value of Prior Year Equity Awards that Vested in FY2022Equity Adjustment Included in Compensation Actually Paid
Equity Type(a)(b)(c)(d) = (a) + (b) + (c)
RSUs$199,319 $35,456 $(92,461)$142,314 
MSUs$202,583 $(105,146)$(148,911)$(51,474)
Options$195,545 $50,133 $(40,600)$205,078 
Total$597,447 $(19,557)$(281,972)$295,918 
        
Compensation Actually Paid vs. Total Shareholder Return
7176
        
Compensation Actually Paid vs. Net Income
7205
        
Compensation Actually Paid vs. Company Selected Measure
7275
        
Total Shareholder Return Vs Peer Group
7176
        
Tabular List, Table
We consider the following, listed in no particular order, to be the most important financial performance measures we use to link compensation actually paid to our NEOs, for fiscal year 2026, to Company performance.
- Operating Profit Margin
- Revenue Growth
- Relative TSR
- Strategic Revenue
        
Total Shareholder Return Amount $ 173 120 111 127 106
Peer Group Total Shareholder Return Amount 254 145 164 103 115
Net Income (Loss) $ 414,408,000 $ 331,507,000 $ 274,572,000 $ 176,703,000 $ 326,355,000
Company Selected Measure Amount 0.275 0.265 0.250 0.249 0.265
PEO Name John M. Forsyth John M. Forsyth John M. Forsyth John M. Forsyth John M. Forsyth
Additional 402(v) Disclosure The Net Income of column (h) is GAAP net income as reported under the Company’s Consolidated Statements of Income on Form 10-K for the applicable fiscal year.        
PEO Compensation Amount, Salary $ 715,850 $ 695,000 $ 675,619 $ 700,000 $ 613,077
PEO Compensation Amount, Bonus 0 0 0 0 0
PEO Compensation Amount, Non-Equity Incentive Plan Compensation 1,040,210 1,144,174 799,969 1,182,058 1,497,350
PEO Compensation Amount, Stock and Option Award Compensation 9,000,184 8,000,222 7,000,214 6,500,117 4,500,031
PEO Compensation Amount, Other Compensation $ 13,151 12,991 10,867 11,650 14,010
Measure:: 1          
Pay vs Performance Disclosure          
Name - Operating Profit Margin        
Non-GAAP Measure Description The Company Selected Measure of column (i) is our Operating Profit Margin, which corresponds to the metric defined in our 2007 Management and Key Individual Contributor Incentive Plan (“Incentive Plan”), which is used (along with revenue growth) in the calculation of cash bonuses. This Operating Profit Margin metric is discussed in the Compensation Discussion and Analysis subsection entitled “Incentive Plan Pay-Out Percentage” of the Company’s proxy statements for each applicable fiscal year. Effective fiscal year 2023, the definition of Operating Profit Margin was changed with the intention that Operating Profit Margin would be equivalent to our publicly-reported non-GAAP operating profit. The figures presented in column (i) for fiscal years 2022 through 2026 are calculated under this current definition of Operating Profit Margin, aligning with our non-GAAP operating profit figures for those fiscal years.        
Measure:: 2          
Pay vs Performance Disclosure          
Name - Revenue Growth        
Measure:: 3          
Pay vs Performance Disclosure          
Name - Relative TSR        
Measure:: 4          
Pay vs Performance Disclosure          
Name - Strategic Revenue        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (9,000,184) (8,000,222) (7,000,214) (6,500,117) (4,500,031)
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 21,030,308 10,136,083 1,387,666 9,451,848 4,209,216
Adjustments To Compensation Amount, RSUs 6,819,282 3,061,205 1,668,010 2,956,304 1,539,144
Adjustments To Compensation Amount, MSUs 9,505,057 3,812,871 (813,199) 3,756,055 1,127,956
Adjustments To Compensation Amount, PSUs 2,372,104 2,541,585      
Adjustments To Compensation Amount, Options 2,333,865 720,422 532,855 2,739,489 1,542,116
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 9,290,956 2,006,321 (3,621,773) 2,469,774 121,546
Adjustments To Compensation Amount, RSUs 2,218,880 321,034 (497,902) 523,074 163,758
Adjustments To Compensation Amount, MSUs 3,364,954 1,284,103 (2,249,914) 1,380,056 (146,903)
Adjustments To Compensation Amount, PSUs 2,372,104 0      
Adjustments To Compensation Amount, Options 1,335,019 401,184 (873,957) 566,644 104,691
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 9,811,049 7,404,983 6,897,193 6,934,036 4,495,883
Adjustments To Compensation Amount, RSUs 3,684,549 2,541,585 2,316,407 2,234,918 1,494,764
Adjustments To Compensation Amount, MSUs 6,126,499 2,321,813 2,377,796 2,412,067 1,519,058
Adjustments To Compensation Amount, PSUs 0 2,541,585      
Adjustments To Compensation Amount, Options 0 0 2,202,990 2,287,051 1,482,061
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,928,303 724,779 (1,887,754) 48,038 (408,213)
Adjustments To Compensation Amount, RSUs 915,853 198,586 (150,495) 198,312 (119,378)
Adjustments To Compensation Amount, MSUs 13,604 206,955 (941,081) (36,068) (244,199)
Adjustments To Compensation Amount, PSUs 0 0      
Adjustments To Compensation Amount, Options 998,846 319,238 (796,178) (114,206) (44,636)
Non-PEO NEO          
Pay vs Performance Disclosure          
Non-PEO NEO Average Compensation, Salary 475,388 326,044 445,017 400,929 408,257
Non-PEO NEO Average Compensation, Bonus 0 33,782 0 42,000 0
Non-PEO NEO Average Compensation, Non-Equity Incentive Plan Compensation 414,475 305,850 325,674 422,520 712,785
Non-PEO NEO Average Compensation, Stock and Option Award Compensation 2,075,176 1,716,746 1,125,221 1,465,118 600,074
Non-PEO NEO Average Compensation, Other Compensation 16,705 9,801 20,300 62,902 16,155
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,075,176) (1,716,746) (1,125,221) (1,465,118) (600,074)
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,203,513 1,324,494 (43,257) 1,776,092 295,918
Adjustments To Compensation Amount, RSUs 1,707,657 802,150 221,998 601,071 142,314
Adjustments To Compensation Amount, MSUs 1,934,330 387,638 (231,136) 533,554 (51,474)
Adjustments To Compensation Amount, PSUs 311,325 246,237      
Adjustments To Compensation Amount, Options 250,200 (111,531) (34,119) 641,467 205,078
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,639,990 (358,542) (638,049) 246,940 (19,557)
Adjustments To Compensation Amount, RSUs 551,034 (149,727) (92,575) 51,670 35,456
Adjustments To Compensation Amount, MSUs 638,029 (65,792) (376,528) 134,568 (105,146)
Adjustments To Compensation Amount, PSUs 311,325 0      
Adjustments To Compensation Amount, Options 139,602 (143,023) (168,946) 60,702 50,133
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,250,616 1,604,641 1,108,671 1,803,405 597,447
Adjustments To Compensation Amount, RSUs 955,766 923,370 372,346 656,263 199,319
Adjustments To Compensation Amount, MSUs 1,294,850 435,034 382,267 459,696 202,583
Adjustments To Compensation Amount, PSUs 0 246,237      
Adjustments To Compensation Amount, Options 0 0 354,058 687,446 195,545
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 312,907 78,395 (513,879) (274,253) (281,972)
Adjustments To Compensation Amount, RSUs 200,857 28,507 (57,773) (106,862) (92,461)
Adjustments To Compensation Amount, MSUs 1,452 18,396 (236,875) (60,710) (148,911)
Adjustments To Compensation Amount, PSUs 0 0      
Adjustments To Compensation Amount, Options $ 110,598 $ 31,492 $ (219,231) $ (106,681) $ (40,600)
v3.26.1
Award Timing Disclosure
 12 Months Ended
Mar. 28, 2026
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
New-employee equity awards and other off-cycle equity awards (such as awards granted in connection with hiring or retention) are granted on the first Wednesday of each calendar month (the “Monthly Grant Date”). The purpose of this process is to minimize the administrative burdens that would be created with multiple monthly grant dates and to ensure that all required approvals are obtained on or before the Monthly Grant Date. If the Monthly Grant Date occurs on a Company holiday, or on other days that the Company or Nasdaq is closed for business, the Monthly Grant Date will be the next regularly scheduled business day.
The grant date for our executive officers’ annual equity awards occurs after markets close on the second business day following the Company’s announcement of its third-quarter earnings. There is no program, plan, or practice of timing equity-based incentive compensation awards in coordination with the release of material non-public information, other than to set these annual equity award grant dates to follow the public announcement of periodic financial results.
In addition to addressing potential risks associated with the release of material non-public information, the annual executive officer grant’s timing within the Company’s fourth quarter provides the Compensation Committee with an opportunity to consider more complete data on the Company’s fiscal-year performance and peers as it makes its compensation decisions.
Award Timing Method
New-employee equity awards and other off-cycle equity awards (such as awards granted in connection with hiring or retention) are granted on the first Wednesday of each calendar month (the “Monthly Grant Date”). The purpose of this process is to minimize the administrative burdens that would be created with multiple monthly grant dates and to ensure that all required approvals are obtained on or before the Monthly Grant Date. If the Monthly Grant Date occurs on a Company holiday, or on other days that the Company or Nasdaq is closed for business, the Monthly Grant Date will be the next regularly scheduled business day.
The grant date for our executive officers’ annual equity awards occurs after markets close on the second business day following the Company’s announcement of its third-quarter earnings. There is no program, plan, or practice of timing equity-based incentive compensation awards in coordination with the release of material non-public information, other than to set these annual equity award grant dates to follow the public announcement of periodic financial results.
Award Timing Predetermined true
Award Timing MNPI Considered true
Award Timing, How MNPI Considered The grant date for our executive officers’ annual equity awards occurs after markets close on the second business day following the Company’s announcement of its third-quarter earnings. There is no program, plan, or practice of timing equity-based incentive compensation awards in coordination with the release of material non-public information, other than to set these annual equity award grant dates to follow the public announcement of periodic financial results.
MNPI Disclosure Timed for Compensation Value false
v3.26.1
Insider Trading Policies and Procedures
 12 Months Ended
Mar. 28, 2026
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true