Qorvo (QRVO) SVP sells 5,487 shares in trading plan
Rhea-AI Filing Summary
Qorvo, Inc. (QRVO) reported an insider sale by Philip Chesley, SVP, High Performance Analog. On August 17, 2026, he sold 5,487 shares of common stock at $97.50 per share in an open-market or private transaction. Following this sale, he directly holds 44,021 shares. The sale was executed under a Rule 10b5-1 trading plan adopted on February 12, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 5,487 shares
Net Sell
1 txn
Insider
Chesley Philip
Role
SVP, High Performance Analog
Sold
5,487 shs ($535K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 5,487 | $97.50 | $535K |
Holdings After Transaction:
Common Stock — 44,021 shares (Direct)
Footnotes (1)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2026.
Key Figures
Shares sold: 5,487 shares
Sale price: $97.50 per share
Shares held after transaction: 44,021 shares
+2 more
5 metrics
Shares sold
5,487 shares
Common stock sold on August 17, 2026
Sale price
$97.50 per share
Price for the 5,487 shares sold
Shares held after transaction
44,021 shares
Direct ownership following the August 17, 2026 sale
Net shares sold
5,487 shares
Net sell activity reported in transaction summary
10b5-1 plan adoption date
February 12, 2026
Date Chesley adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction market
"transaction_code_description: Sale in open market or private transaction"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did QRVO disclose for Philip Chesley?
QRVO disclosed that Philip Chesley sold 5,487 shares of Qorvo common stock at $97.50 per share on August 17, 2026. The transaction was reported as an open-market or private sale under a Rule 10b5-1 trading plan.
Was Philip Chesley’s QRVO stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by Philip Chesley on February 12, 2026. Such plans pre-arrange trades according to predetermined instructions.
What role does Philip Chesley hold at Qorvo (QRVO) in this Form 4?
In the Form 4, Philip Chesley is identified as an officer of Qorvo with the title SVP, High Performance Analog. The reported transaction involves his directly held shares of Qorvo common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.