STOCK TITAN

Qorvo CEO disposes of 426,232 shares in merger

Qorvo, Inc. President and CEO Robert A. Bruggeworth reported an award acquisition of 100,686 common shares and a disposition to the issuer of 426,232 shares on October 5, 2026, when Qorvo and Skyworks completed their merger transactions.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Qorvo, Inc. President and CEO Robert A. Bruggeworth reported an award acquisition of 100,686 common shares and a disposition to the issuer of 426,232 shares on October 5, 2026, when Qorvo and Skyworks completed their merger transactions. Under the merger terms, each Qorvo share held immediately before the Effective Time converted into rights to 0.960 Skyworks shares and $32.50 in cash, without interest; fractional shares were paid in cash. For specified RSUs still subject to performance-based vesting, performance was deemed achieved at the greater of target and actual levels. Accelerated RSUs were canceled for merger consideration and accrued unpaid dividend equivalents; other RSU awards were assumed by Skyworks and converted into time-based Skyworks awards.

Insider BRUGGEWORTH ROBERT A
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock F1 100,686 $0.00 $0.00
Disposition Common Stock F1, F2, F3 426,232 -- --
Holdings After Transaction: Common Stock — 0 shares (Direct)
Footnotes (3)
  1. F1. On October 5, 2026, Qorvo, Inc. ("Qorvo") and Skyworks Solutions, Inc. ("Skyworks") completed the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 27, 2025, by and among Qorvo, Skyworks, Comet Acquisition Corp. ("Merger Sub I") and Comet Acquisition II, LLC ("Merger Sub II") (the "Mergers"). Under the terms of the Merger Agreement, the number of shares of Qorvo common stock subject to any Accelerated Qorvo RSU or Adjusted RSU Award (each as defined below) held by the Reporting Person that remained subject to performance-based vesting conditions was deemed achieved at the greater of target and actual performance levels.
  2. F2. Pursuant to the terms of the Merger Agreement, (i) each share of Qorvo common stock held by the Reporting Person outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) was converted into the right to receive (A) 0.960 shares of Skyworks common stock (together with cash in lieu of fractional shares), without interest, and (B) $32.50 in cash, without interest (together, the "Merger Consideration"), (ii) each outstanding restricted stock unit award corresponding to shares of Qorvo common stock (each, a "Qorvo RSU Award") held by the Reporting Person that was (A) vested but not yet settled as of immediately prior to the Effective Time or (cont. in footnote 3):
  3. F3. Due to a character limitation, footnote 3 is a continuation of footnote 2: (B) by its terms became vested in all respects as a result of the occurrence of the Closing (as defined in the Merger Agreement) (each, an "Accelerated Qorvo RSU") was cancelled in consideration for the right to receive (x) the Merger Consideration in respect of each share of Qorvo common stock then subject thereto and (y) an amount in cash equal to all dividend equivalents accrued but unpaid with respect thereto, and (iii) each Qorvo RSU Award held by the Reporting Person that was not an Accelerated Qorvo RSU (each, an "Adjusted RSU Award") was assumed by Skyworks and converted into a time-based restricted stock unit award covering a number of shares of Skyworks common stock determined by multiplying (A) the number of shares of Qorvo common stock then subject thereto by (B) the Conversion Ratio (as defined in the Merger Agreement), with any fractional shares rounded to the nearest whole share.
Common shares acquired as an award 100,686 shares Robert A. Bruggeworth; October 5, 2026
Shares disposed to issuer 426,232 shares Robert A. Bruggeworth; October 5, 2026
Skyworks common shares per Qorvo share 0.960 shares Merger consideration for each Qorvo common share held immediately before the Effective Time
Cash per Qorvo share $32.50 Merger consideration for each Qorvo common share held immediately before the Effective Time
Merger Consideration financial
"together, the Merger Consideration"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
Accelerated Qorvo RSU technical
"each, an Accelerated Qorvo RSU"
Adjusted RSU Award technical
"each, an Adjusted RSU Award"
Conversion Ratio technical
"by the Conversion Ratio as defined in the Merger Agreement"
The conversion ratio is the number of common shares an investor receives when a convertible security (like a bond or preferred share) or an exchangeable instrument is turned into ordinary stock. It matters because it tells investors how much ownership or dilution will occur — similar to knowing how many slices you get when you trade in a coupon — and directly affects the value you get from the convertible and the company’s future share count.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did QRVO President and CEO Robert A. Bruggeworth report?

On October 5, 2026, Robert A. Bruggeworth reported an award acquisition of 100,686 Qorvo common shares and a disposition to the issuer of 426,232 shares. Qorvo and Skyworks completed their merger transactions that day.

How were Robert A. Bruggeworth's Qorvo RSU awards treated in the merger?

Accelerated Qorvo RSUs were canceled for the merger consideration for each Qorvo share underlying the award, plus cash for accrued unpaid dividend equivalents. Other RSU awards were assumed by Skyworks and converted into time-based Skyworks awards, with the share count determined using the Conversion Ratio and fractional shares rounded to the nearest whole share.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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
X
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*
BRUGGEWORTH ROBERT A

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2026
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 Stock10/05/2026A(1)100,686A$0426,232D
Common Stock10/05/2026D(1)(2)(3)426,232D(2)(3)0D
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:
1. On October 5, 2026, Qorvo, Inc. ("Qorvo") and Skyworks Solutions, Inc. ("Skyworks") completed the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 27, 2025, by and among Qorvo, Skyworks, Comet Acquisition Corp. ("Merger Sub I") and Comet Acquisition II, LLC ("Merger Sub II") (the "Mergers"). Under the terms of the Merger Agreement, the number of shares of Qorvo common stock subject to any Accelerated Qorvo RSU or Adjusted RSU Award (each as defined below) held by the Reporting Person that remained subject to performance-based vesting conditions was deemed achieved at the greater of target and actual performance levels.
2. Pursuant to the terms of the Merger Agreement, (i) each share of Qorvo common stock held by the Reporting Person outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) was converted into the right to receive (A) 0.960 shares of Skyworks common stock (together with cash in lieu of fractional shares), without interest, and (B) $32.50 in cash, without interest (together, the "Merger Consideration"), (ii) each outstanding restricted stock unit award corresponding to shares of Qorvo common stock (each, a "Qorvo RSU Award") held by the Reporting Person that was (A) vested but not yet settled as of immediately prior to the Effective Time or (cont. in footnote 3):
3. Due to a character limitation, footnote 3 is a continuation of footnote 2: (B) by its terms became vested in all respects as a result of the occurrence of the Closing (as defined in the Merger Agreement) (each, an "Accelerated Qorvo RSU") was cancelled in consideration for the right to receive (x) the Merger Consideration in respect of each share of Qorvo common stock then subject thereto and (y) an amount in cash equal to all dividend equivalents accrued but unpaid with respect thereto, and (iii) each Qorvo RSU Award held by the Reporting Person that was not an Accelerated Qorvo RSU (each, an "Adjusted RSU Award") was assumed by Skyworks and converted into a time-based restricted stock unit award covering a number of shares of Skyworks common stock determined by multiplying (A) the number of shares of Qorvo common stock then subject thereto by (B) the Conversion Ratio (as defined in the Merger Agreement), with any fractional shares rounded to the nearest whole share.
/s/ Jason T. Gray, by Power of Attorney10/05/2026
** 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)

Keep reading