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Qorvo Insider Notice: 2,664 Shares Proposed Sale; May Sales Reported

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for Qorvo, Inc. (QRVO): An affiliate intends to sell common shares through Fidelity Brokerage. The notice lists a proposed sale of 2,664 shares on 08/15/2025 with an aggregate market value of $239,999.76 and shows the company has 92,654,264 shares outstanding. The filer acquired the securities via restricted stock vesting on 05/15/2025 (164 shares), 08/05/2025 (2,143 shares) and 08/13/2025 (357 shares), each as compensation. The filing also reports two recent sales by Philip Chesley: 5,371 shares on 05/15/2025 for $421,623.50 and 6,004 shares on 05/16/2025 for $471,253.96.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider plans a modest sale of vested shares; recent nearby sales were larger in aggregate but represent a small fraction of outstanding stock.

The filing discloses a proposed sale of 2,664 common shares via Fidelity with an indicated market value of $239,999.76. Acquisition details show these shares arose from standard restricted stock vesting and were paid as compensation. Reported prior sales on 05/15/2025 and 05/16/2025 totaled 11,375 shares for gross proceeds of $892,877.46. Relative to the issuer's 92.65 million shares outstanding, these transactions appear small in proportion and are routine insider liquidity events rather than corporate actions that change capitalization.

TL;DR: Filing documents routine insider disposals tied to vested compensation; disclosure meets Rule 144 notice requirements.

The notice identifies the relationship to the issuer implicitly via restricted stock vesting and includes the signed representation about material nonpublic information. Dates of vesting and sale are provided, and trades are routed through a named broker. There is no indication in the filing of any trading plan adoption date or reliance on Rule 10b5-1 within the remarks section. From a governance perspective, the submission appears procedural and consistent with required insider reporting.

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

FAQ

What sale is proposed in the Form 144 for QRVO?

The filing proposes selling 2,664 common shares on 08/15/2025 via Fidelity with an aggregate market value of $239,999.76.

Who reported recent sales and how many shares were sold in May 2025?

Philip Chesley reported selling 5,371 shares on 05/15/2025 for $421,623.50 and 6,004 shares on 05/16/2025 for $471,253.96.

How were the securities acquired that are being sold?

The securities were acquired through restricted stock vesting as compensation on 05/15/2025 (164 shares), 08/05/2025 (2,143 shares), and 08/13/2025 (357 shares).

How many shares does Qorvo have outstanding per this filing?

The filing lists 92,654,264 shares outstanding.

Which broker is named for the proposed sale?

The broker listed is Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI 02917.
Qorvo Inc

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