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Qorvo, Inc. (QRVO) SVP uses 2,999 shares to cover option costs

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Qorvo, Inc. reported that SVP, High Performance Analog Philip Chesley had 2,999 shares of common stock delivered or withheld on 5 August 2026 to pay the option exercise price or tax liability at $95.04 per share, leaving 49,508 shares directly owned.

Positive

  • None.

Negative

  • None.
Insider Chesley Philip
Role SVP, High Performance Analog
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 2,999 $95.04 $285K
Holdings After Transaction: Common Stock — 49,508 shares (Direct)
Shares delivered or withheld 2999.0000 shares Common stock used on 2026-08-05 for payment of option exercise price or tax liability
Transaction price per share 95.0400 USD Per-share value applied to the 2,999-share Code F disposition
Direct holdings after transaction 49508.0000 shares Qorvo common stock directly owned by SVP Philip Chesley after the reported event
Exercise-price-or-tax-liability transactions 1 Number of Code F transactions reported in this insider filing
transaction code F regulatory
"The transaction used transaction code F for payment by delivering shares."
exercise price or tax liability financial
"Described as payment of exercise price or tax liability by delivering securities."
direct ownership financial
"After the transaction, 49,508 shares were reported as direct ownership."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Qorvo (QRVO) report for Philip Chesley?

Qorvo (QRVO) reported that SVP Philip Chesley had 2,999 shares of common stock delivered or withheld on 5 August 2026. The shares were valued at $95.04 per share and used to satisfy option exercise price or tax obligations, not sold on the open market.

How many Qorvo (QRVO) shares does Philip Chesley hold after this Form 4?

After the reported transaction, Philip Chesley directly owns 49,508 shares of Qorvo common stock. This total reflects his holdings following the delivery or withholding of 2,999 shares for payment of option exercise price or tax liability on 5 August 2026.

What does the Code F transaction mean in Qorvo (QRVO) insider filing?

The Qorvo (QRVO) filing shows a Code F transaction described as payment of exercise price or tax liability by delivering or withholding securities. Chesley’s 2,999 shares were used for this purpose, indicating an administrative settlement rather than a discretionary market purchase or sale.

Was Philip Chesley’s Qorvo (QRVO) transaction under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked, so the transaction is not affirmed as executed under a pre-arranged trading plan. It is reported simply as shares delivered or withheld for option exercise price or tax liability, coded as an F transaction.

Did the Qorvo (QRVO) insider Form 4 report any derivative option exercises?

The summary data show no derivative option exercises in this filing, only one Code F event. That single transaction involved 2,999 shares of common stock delivered or withheld to cover option exercise price or tax liability, with no separate M, C, or X exercise codes reported.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chesley Philip

(Last)(First)(Middle)
C/O QORVO, INC.
7628 THORNDIKE ROAD

(Street)
GREENSBORO NORTH CAROLINA 27409

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Qorvo, Inc. [ QRVO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, High Performance Analog
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/05/2026F2,999D$95.0449,508D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Jason T. Gray, by Power of Attorney08/07/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)