[8-K] Qorvo, Inc. Reports Material Event
- None.
- None.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As described under Item 5.07 below, at the Annual Meeting of Stockholders of Qorvo, Inc. (the “Company”) held on August 13, 2025 (the “Annual Meeting”), the stockholders of the Company approved (i) the Qorvo, Inc. Amended and Restated 2022 Stock Incentive Plan (the “Amended 2022 Plan”) to increase the number of shares reserved for issuance thereunder by 3,240,000 shares of common stock of the Company and (ii) the Qorvo Inc. Amended and Restated 2007 Employee Stock Purchase Plan (the “Amended 2007 Plan”) to increase the number of shares reserved for issuance thereunder by 4,000,000 shares of common stock of the Company. The Board of Directors of the Company previously approved the adoptions of the Amended 2022 Plan and Amended 2007 Plan, each subject to approval by the Company’s stockholders at the Annual Meeting.
The principal features of the Amended 2022 Plan and the Amended 2007 Plan are described in detail under “Proposal 3 – Approval of the Qorvo, Inc. Amended and Restated 2022 Stock Incentive Plan” and “Proposal 4 – Approval of the Qorvo, Inc. Amended and Restated 2007 Employee Stock Purchase Plan,” respectively, of the Company’s 2025 Proxy Statement filed with the Securities and Exchange Commission on June 26, 2025 (the “2025 Proxy Statement”), which descriptions are incorporated herein by reference.
The foregoing summaries of the Amended 2022 Plan and Amended 2007 Plan do not purport to be complete and are subject to and qualified in their entirety by reference to the text of the Amended 2022 Plan and Amended 2007 Plan, copies of which are included in the 2025 Proxy Statement as Appendix A and Appendix B, respectively.
Item 5.07. Submission of Matters to a Vote of Security Holders.
At the Annual Meeting, the stockholders of the Company (i) elected each of the director nominees named in the 2025 Proxy Statement, (ii) approved, on an advisory basis, the compensation of the Company’s named executive officers, (iii) approved the Amended 2022 Plan, (iv) approved the Amended 2007 Plan and (v) ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 28, 2026. In addition, the Company’s stockholders did not approve a shareholder proposal that was submitted at the Annual Meeting. The final voting results with respect to each of the proposals are set forth below.
Proposal 1. Stockholders elected each of the ten directors below to serve a one-year term and until their respective successors are duly elected and qualified or until their earlier resignation or removal.
| Nominee | Votes For | Votes Against | Abstain | Broker Non-Votes |
| Robert A. Bruggeworth | 72,692,641 | 631,278 | 1,368,940 | 6,697,987 |
| Judy Bruner | 70,784,281 | 3,492,635 | 415,943 | 6,697,987 |
| Richard L. Clemmer | 74,138,477 | 444,938 | 109,444 | 6,697,987 |
| Peter A. Feld | 74,048,313 | 539,183 | 105,363 | 6,697,987 |
| John R. Harding | 72,460,925 | 2,125,094 | 106,840 | 6,697,987 |
| Christopher R. Koopmans | 74,381,242 | 204,489 | 107,128 | 6,697,987 |
| Alan S. Lowe | 73,038,898 | 1,543,096 | 110,865 | 6,697,987 |
| Roderick D. Nelson | 60,125,155 | 14,462,536 | 105,168 | 6,697,987 |
| Dr. Walden C. Rhines | 69,677,214 | 4,908,238 | 107,407 | 6,697,987 |
| Susan L. Spradley | 70,496,809 | 3,775,910 | 420,140 | 6,697,987 |
Proposal 2. Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers.
| For | Against | Abstain | Broker Non-Votes | |||
| 44,106,958 | 30,466,498 | 119,403 | 6,697,987 |
Proposal 3. Stockholders approved the Company’s Amended 2022 Plan.
| For | Against | Abstain | Broker Non-Votes | |||
| 69,017,396 | 4,307,090 | 1,368,373 | 6,697,987 |
Proposal 4. Stockholders approved the Company’s Amended 2007 Plan.
| For | Against | Abstain | Broker Non-Votes | |||
| 74,263,548 | 337,166 | 92,145 | 6,697,987 |
Proposal 5. Stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 28, 2026.
| For | Against | Abstain | ||
| 81,056,566 | 187,831 | 146,449 |
Proposal 6. Stockholders did not approve a shareholder proposal submitted at the Annual Meeting.
| For | Against | Abstain | Broker Non-Votes | |||
| 32,855,372 | 41,715,004 | 122,483 | 6,697,987 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Qorvo, Inc. | ||
| By: | /s/ Grant A. Brown | |
| Grant A. Brown | ||
| Senior Vice President and Chief Financial Officer | ||
Date: August 15, 2025
