Qorvo (NASDAQ: QRVO) CFO sells 5,179 shares under trading plan
Rhea-AI Filing Summary
Qorvo, Inc. (QRVO) reported that its SVP & Chief Financial Officer, Brown Grant, sold common stock in a reported transaction. On 2026-08-17, he sold 5,179 shares of Qorvo common stock at $97.50 per share. Following this sale, he directly holds 49,268 shares of Qorvo common stock. The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 6, 2025.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 5,179 shares
Net Sell
1 txn
Insider
Brown Grant
Role
SVP & Chief Financial Officer
Sold
5,179 shs ($505K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 5,179 | $97.50 | $505K |
Holdings After Transaction:
Common Stock — 49,268 shares (Direct)
Footnotes (1)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 6, 2025.
Key Figures
Shares sold: 5,179 shares
Sale price per share: $97.50
Shares held after transaction: 49,268 shares
+2 more
5 metrics
Shares sold
5,179 shares
Common Stock sold on 2026-08-17 by Brown Grant
Sale price per share
$97.50
Reported transaction price per share for the 5,179-share sale
Shares held after transaction
49,268 shares
Directly owned by Brown Grant following the 2026-08-17 sale
Transaction date
2026-08-17
Date of reported sale of Qorvo common stock
10b5-1 plan adoption date
November 6, 2025
Adoption date of Rule 10b5-1 trading plan cited for this sale
Key Terms
Rule 10b5-1 trading plan, Form 4, beneficial owner
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan"
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.
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.
beneficial owner regulatory
"is_ten_percent_owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
FAQ
What insider transaction did Qorvo (QRVO) disclose for Brown Grant?
Qorvo disclosed that SVP & Chief Financial Officer Brown Grant sold 5,179 shares of Qorvo common stock on 2026-08-17 at a reported price of $97.50 per share in a Form 4 filing.
Was Brown Grant’s Qorvo (QRVO) stock sale under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Brown Grant on November 6, 2025, indicating it was pre-arranged under that plan.
What role does Brown Grant hold at Qorvo (QRVO) according to the Form 4?
Brown Grant is identified as Qorvo’s SVP & Chief Financial Officer. The Form 4 notes he is an officer of the company but not a director or a ten percent beneficial owner.
AI-generated analysis. How Rhea-AI works. Not financial advice.