Qorvo, Inc. (QRVO) CEO uses 16,379 shares for option costs or taxes
Rhea-AI Filing Summary
Qorvo, Inc. President and CEO Robert A. Bruggeworth delivered or withheld 16,379 shares of common stock on August 5, 2026 at $95.04 per share for payment of exercise price or tax liability. After this disposition, he directly owns 354,290 common shares, and the transaction was not affirmed as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 16,379 shares
Net Sell
1 txn
Insider
BRUGGEWORTH ROBERT A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 16,379 | $95.04 | $1.56M |
Holdings After Transaction:
Common Stock — 354,290 shares (Direct)
Key Figures
Shares delivered or withheld: 16,379 shares
Per-share value: $95.04 per share
Shares owned after transaction: 354,290 shares
3 metrics
Shares delivered or withheld
16,379 shares
Common shares delivered or withheld on 2026-08-05 for payment of exercise price or tax liability
Per-share value
$95.04 per share
Value used for the 16,379-share disposition reported by the CEO
Shares owned after transaction
354,290 shares
Directly owned Qorvo common shares following the August 5, 2026 disposition
Key Terms
Payment of exercise price or tax liability, Rule 10b5-1, non-derivative
3 terms
Payment of exercise price or tax liability financial
"transaction_code_description: Payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
non-derivative financial
"transaction_type: "non-derivative" for the Common Stock transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Qorvo (QRVO) CEO Robert Bruggeworth report in this Form 4?
Robert A. Bruggeworth reported delivering or withholding 16,379 Qorvo common shares on August 5, 2026. The transaction was for payment of exercise price or tax liability, and he now directly holds 354,290 Qorvo common shares following the disposition.
Was the Qorvo (QRVO) CEO transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not selected, so the transaction was not affirmed as made under a 10b5-1 trading plan. It is reported simply as a payment of exercise price or tax liability using shares.
What type of security is involved in the Qorvo (QRVO) CEO Form 4 transaction?
The transaction involves Qorvo Common Stock classified as a non-derivative security. The CEO delivered or withheld 16,379 common shares at $95.04 per share for payment of exercise price or tax liability, leaving 354,290 common shares directly owned.