Qorvo (QRVO) CFO reports 15,739-share Rule 10b5-1 stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qorvo, Inc. senior vice president and chief financial officer Grant Brown reported open-market sales of company common stock. He sold 14,195 shares on May 15, 2026 at $88.78 per share and 1,544 shares on May 18, 2026 at $93.00 per share, totaling 15,739 shares.
After these transactions, Brown directly holds 45,384 shares of Qorvo common stock. The filing notes the activity was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 6, 2025, indicating the sales were scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,739 shares ($1,403,824)
Net Sell
2 txns
Insider
Brown Grant
Role
SVP & Chief Financial Officer
Sold
15,739 shs ($1.40M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,544 | $93.00 | $144K |
| Sale | Common Stock | 14,195 | $88.78 | $1.26M |
Holdings After Transaction:
Common Stock — 45,384 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold May 15, 2026: 14,195 shares
Price May 15, 2026: $88.78 per share
Shares sold May 18, 2026: 1,544 shares
+4 more
7 metrics
Shares sold May 15, 2026
14,195 shares
Open-market sale at $88.78 per share
Price May 15, 2026
$88.78 per share
Sale of Qorvo common stock
Shares sold May 18, 2026
1,544 shares
Open-market sale at $93.00 per share
Price May 18, 2026
$93.00 per share
Sale of Qorvo common stock
Total shares sold
15,739 shares
Net shares sold across reported transactions
Shares held after transactions
45,384 shares
Direct ownership of Qorvo common stock
Trading plan adoption date
November 6, 2025
Rule 10b5-1 trading plan for these sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, non-derivative
4 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 November 6, 2025."
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"
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did Qorvo (QRVO) report for its CFO?
Qorvo’s CFO Grant Brown reported selling 15,739 shares of common stock in two open-market transactions. The sales occurred on May 15 and May 18, 2026, and were executed under a pre-arranged Rule 10b5-1 trading plan.
Were the Qorvo (QRVO) CFO’s stock sales made under a trading plan?
Yes. A footnote states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted by Grant Brown on November 6, 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing.