STOCK TITAN

Qorvo officer plans $485K stock sale under Rule 144

An officer of Qorvo, Inc. has filed a Rule 144 notice to sell 4,810 vested restricted shares of common stock through Fidelity Brokerage Services.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Qorvo, Inc. (QRVO) has a notice of proposed sale under Rule 144 filed on behalf of officer Steven E. Creviston covering 4,810 shares of common stock held at Fidelity Brokerage Services LLC. The shares arose from restricted stock vesting on May 14, 2024 as compensation from the issuer.

The filing lists an aggregate market value of approximately $485,167.10 for the shares to be sold and references total common shares of 88,221,633 as of the filing context. The proposed sale is associated with trading on NASDAQ and is signed by a duly authorized representative of Fidelity acting as attorney-in-fact for Creviston.

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Shares to be sold under Rule 144 4,810 shares Common stock proposed for sale for the account of Steven E. Creviston
Aggregate market value of shares $485,167.10 Value associated with the 4,810 Qorvo common shares covered by the notice
Total common shares referenced 88,221,633 shares Common shares of Qorvo referenced in the Rule 144 disclosure
Restricted stock vesting date May 14, 2024 Date the restricted stock vested as compensation from the issuer
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 05/14/2024 | Restricted Stock Vesting | Issuer |"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Steven Creviston"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing mean for Qorvo, Inc. (QRVO)?

The Form 144 reports that an officer of Qorvo, Inc., Steven E. Creviston, intends to sell 4,810 shares of common stock under Rule 144. It is a disclosure of a planned sale of restricted or control securities, not an issuance of new shares by Qorvo.

How many QRVO shares are covered by Steven Creviston’s planned Rule 144 sale?

The notice covers 4,810 shares of Qorvo common stock. These shares are held at Fidelity Brokerage Services LLC and are proposed to be sold in compliance with Rule 144 resale requirements.

What is the approximate market value of the QRVO shares in this Form 144?

The filing lists an aggregate market value of about $485,167.10 for the 4,810 shares of Qorvo common stock to be sold. This value is part of the standard Form 144 disclosure regarding the size of the proposed sale.

How did Steven Creviston acquire the Qorvo (QRVO) shares being sold?

The shares covered by the notice are described as Restricted Stock Vesting received on May 14, 2024 from the issuer as compensation. They are therefore restricted or control securities now being proposed for resale under Rule 144.

What share count for Qorvo (QRVO) is referenced in the Form 144?

The Form 144 references 88,221,633 shares of Qorvo common stock in connection with the disclosure. This figure appears in the standard share-count section that accompanies a Rule 144 notice of proposed sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature