Qorvo (QRVO) SVP sells 14,640 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qorvo SVP Philip Chesley reported planned stock sales. He sold 13,352 shares of common stock on May 15 at about $88.78 per share and 1,288 shares on May 18 at $93.00 per share, totaling 14,640 shares. After these open-market sales, he directly holds 32,731 shares. The transactions were executed under a Rule 10b5-1 trading plan adopted on February 12, 2026.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 14,640 shares ($1,305,175)
Net Sell
2 txns
Insider
Chesley Philip
Role
SVP, High Performance Analog
Sold
14,640 shs ($1.31M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,288 | $93.00 | $120K |
| Sale | Common Stock | 13,352 | $88.78 | $1.19M |
Holdings After Transaction:
Common Stock — 32,731 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 14,640 shares
Shares sold on May 15, 2026: 13,352 shares at $88.78/share
Shares sold on May 18, 2026: 1,288 shares at $93.00/share
+2 more
5 metrics
Total shares sold
14,640 shares
Open-market sales reported in May 2026
Shares sold on May 15, 2026
13,352 shares at $88.78/share
Common stock open-market sale
Shares sold on May 18, 2026
1,288 shares at $93.00/share
Common stock open-market sale
Shares held after transactions
32,731 shares
Direct ownership after May 18, 2026 sale
Rule 10b5-1 plan adoption date
February 12, 2026
Governs reported stock sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2026."
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 sale financial
"transaction_action: open-market sale; transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "Qorvo, Inc.""
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 transactions did Qorvo (QRVO) SVP Philip Chesley report?
Philip Chesley reported selling a total of 14,640 Qorvo common shares. He sold 13,352 shares at about $88.78 each on May 15 and 1,288 shares at $93.00 each on May 18 in open-market transactions.
Were Qorvo (QRVO) SVP Philip Chesley’s stock sales pre-planned?
Yes, the filing states the transactions were made under a Rule 10b5-1 trading plan. The plan was adopted on February 12, 2026, indicating the sales were pre-arranged rather than discretionary trades based on short-term market conditions.