STOCK TITAN

Director Peter Feld discloses 7,511,526 QRVO shares held by Starboard

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Peter A. Feld, a director of Qorvo, Inc. (QRVO), disclosed indirect beneficial ownership of 7,511,526 shares of Qorvo common stock through Starboard Value LP. The filing identifies Starboard Value LP as the manager of accounts that hold the reported securities and states Mr. Feld may be deemed to beneficially own those shares solely by virtue of his role as a managing member of Starboard. The filing expressly disclaims any beneficial ownership beyond his pecuniary interest in the securities held by the Starboard-managed accounts.

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Insights

TL;DR: Routine Section 16 initial ownership disclosure showing a director's indirect stake via an investment manager.

The Form 3 documents an initial beneficial ownership report for a director, indicating governance transparency consistent with Section 16 requirements. The disclosure attributes 7,511,526 shares to accounts managed by Starboard Value LP and clarifies the reporting persons role as a managing member. This is a standard, non-transactional filing that aligns with disclosure obligations and clarifies potential pecuniary interests; it does not itself indicate any change in control or immediate corporate action.

TL;DR: A declarative ownership filing noting a sizeable indirect position but no derivative holdings or transactions reported.

The filing reports only non-derivative common stock holdings and lists no derivative securities. It identifies the ownership as indirect via Starboard Value LP accounts and includes an explicit disclaimer limiting the reporting persons beneficial ownership to pecuniary interest. For investors, the filing provides clarity on ownership structure but contains no transactional details or financial metrics to imply immediate market impact.

Insider Feld Peter A
Role Director
Type Security Shares Price Value
holding Common Stock, $0.0001 par value -- -- --
Holdings After Transaction: Common Stock, $0.0001 par value — 7,511,526 shares (Indirect, By Starboard Value LP)
Footnotes (1)
  1. F1. Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities directly held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

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FAQ

Who filed the Form 3 for QRVO and what is their relationship to the company?

The Form 3 was filed for Peter A. Feld, who is identified as a Director of Qorvo, Inc.

How many Qorvo (QRVO) shares does the filing report as beneficially owned?

The filing reports indirect beneficial ownership of 7,511,526 shares of Qorvo common stock.

How is the reported QRVO ownership held according to the filing?

The shares are held indirectly through accounts and funds managed by Starboard Value LP.

Does the filing report any derivative securities (options, warrants, convertible securities)?

No. The filing reports only non-derivative common stock and lists no derivative securities.

Does Peter A. Feld claim direct beneficial ownership of the reported shares?

The filing includes a disclaimer stating he expressly disclaims beneficial ownership except to the extent of his pecuniary interest via Starboard-managed accounts.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Feld Peter A

(Last) (First) (Middle)
201 E LAS OLAS BOULEVARD, SUITE 1000

(Street)
FORT LAUDERDALE FL 33301

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2025
3. Issuer Name and Ticker or Trading Symbol
Qorvo, Inc. [ QRVO ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.0001 par value 7,511,526 I By Starboard Value LP(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities directly held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
/s/ Lindsey Cara, Attorney-in-Fact for Peter A. Feld 08/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.