Qorvo Insider Notice: 13,612 Shares to Be Sold on NASDAQ
Rhea-AI Filing Summary
Form 144 filing for Qorvo, Inc. (QRVO) notifies the proposed sale of 13,612 shares of common stock through Fidelity Brokerage Services with an aggregate market value of $1,293,140.00. The filing lists the approximate sale date as 09/22/2025 and identifies the securities exchange as NASDAQ. The number of shares outstanding is reported as 92,654,264, providing context for the size of the proposed sale relative to the company's outstanding equity.
The shares being offered were acquired in several restricted stock vesting events from the issuer as compensation on 05/14/2024 (4,309 shares), 11/07/2024 (468 shares), 05/05/2025 (3,689 shares), 05/15/2025 (3,016 shares), and 08/05/2025 (2,130 shares). The filer reports no securities sold during the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
- Clear disclosure of the proposed sale: 13,612 shares with an aggregate market value of $1,293,140.00.
- Acquisition details provided: each lot is identified as restricted stock vesting and paid as compensation, with specific dates and share counts.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for 13,612 shares valued at $1.29M; disclosures indicate compensation-based acquisitions.
The filing is a standard Rule 144 notice indicating an intended sale through a broker on NASDAQ and specifying the aggregate market value and outstanding share count. All listed acquisitions are described as restricted stock vesting and paid as compensation on the dates provided. There are no reported sales in the prior three months, which limits recent disposition activity disclosed in this form. For investors, the document provides transparent, transaction-level detail but contains no operational or financial performance data.
TL;DR: Transparent disclosure of planned insider sale and vesting history; no indications of trading-plan reliance or material undisclosed information.
The filer executes the attestation required by the form that they are not aware of undisclosed material adverse information. The acquisition history shows multiple restricted stock vesting events from the issuer, with payment characterized as compensation. The remarks section includes the standard notice language about Rule 10b5-1 plans but does not provide a plan-adoption date, so no explicit trading-plan reliance is stated. The filing is procedural and addresses required compliance elements for an insider disposition.