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Qorvo insider plans $2.9M stock sale

A Rule 144 notice reports Qorvo executive Robert A. Bruggeworth plans to sell 28,744 QRVO shares in 2026, sourced from vested restricted stock awards.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Qorvo, Inc. (QRVO) received a Rule 144 notice that Robert A. Bruggeworth intends to sell up to 28,744 shares of Qorvo common stock through Fidelity Brokerage Services LLC on or about September 2, 2026 on NASDAQ. The shares have an indicated aggregate market value of $2,899,454.02 and Qorvo reports 88,221,633 shares of this class outstanding.

The planned sale relates to common stock acquired through restricted stock vesting of 3,504 shares on May 12, 2026 and 25,240 shares on August 5, 2026, both described as compensation from the issuer. The notice is signed by a Fidelity representative acting as attorney-in-fact for Bruggeworth.

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Shares to be sold under Rule 144 28,744 shares Planned sale of Qorvo common stock by Robert A. Bruggeworth
Aggregate market value of planned sale $2,899,454.02 Value of 28,744 shares of Qorvo common stock covered by the notice
Shares of common stock outstanding 88,221,633 shares Outstanding Qorvo common stock of the same class as of the notice
Restricted stock vesting tranche 1 3,504 shares Restricted stock vesting on May 12, 2026, described as compensation
Restricted stock vesting tranche 2 25,240 shares Restricted stock vesting on August 5, 2026, described as compensation
Planned sale date September 2, 2026 Approximate date of sale of 28,744 shares on NASDAQ
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 | 05/12/2026 | 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 attorney-in-fact for Robert A. Bruggeworth."
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 insider transaction did QRVO disclose in this Form 144 filing?

The filing reports that Robert A. Bruggeworth plans to sell up to 28,744 shares of Qorvo common stock under Rule 144 through Fidelity Brokerage Services LLC, with an approximate sale date of September 2, 2026 on NASDAQ.

What is the estimated value of the QRVO shares to be sold under this Form 144?

The planned sale covers 28,744 shares of Qorvo common stock with an indicated aggregate market value of $2,899,454.02, as stated in the Rule 144 notice.

How many QRVO shares are outstanding compared with the amount in this Form 144?

Qorvo reports 88,221,633 shares of the relevant class of common stock outstanding. The planned Rule 144 sale by Robert A. Bruggeworth involves 28,744 shares, which is a small fraction of the total shares outstanding.

What is the source of the QRVO shares covered by this Rule 144 notice?

The notice states the shares come from restricted stock vesting granted as compensation by Qorvo, including 3,504 shares vesting on May 12, 2026 and 25,240 shares vesting on August 5, 2026.

Who is executing the planned QRVO share sale reported on Form 144?

The planned sale will be executed through Fidelity Brokerage Services LLC. The Form 144 is signed by Joshua Schmitt as a duly authorized representative of Fidelity, acting as attorney-in-fact for Robert A. Bruggeworth.

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