QRVO Insider Report: Paul Fego Increases Holdings to 68,170 Shares
Rhea-AI Filing Summary
Qorvo insider Paul J. Fego, SVP Global Operations, reported transactions on 08/13/2025 and 08/14/2025. He sold 303 shares at $89.77, then acquired 1,536 shares on 08/13 and an additional 12,425 shares on 08/14, all at $0 per the report. After these reported transactions he beneficially owns 68,170 shares, held directly.
Positive
- Net increase in direct beneficial ownership by 13,658 shares (from 54,209 to 68,170) as reported
- Transactions disclosed promptly with signature by POA, showing compliance with reporting requirements
Negative
- Small open-market sale of 303 shares at $89.77 was reported
- No explanation provided for acquisitions reported at $0, limiting clarity on economic terms
Insights
TL;DR: Routine insider transactions show a net increase in direct holdings; appears administrative rather than signal of material change.
The filing documents a small open-market sale (303 shares at $89.77) followed by acquisitions recorded at $0, which commonly reflect stock option exercises, restricted stock vesting, or similar non-cash awards rather than cash purchases. The reporter's direct beneficial ownership rises to 68,170 shares, indicating an overall increase in economic interest. No derivative positions or securities conversions are disclosed in Table II, and no additional explanatory text is provided.
TL;DR: Insider increased share count materially in absolute terms but filing shows no cash-based purchases; impact on capital structure appears minimal.
The report lists a 303-share disposition and two acquisitions (1,536 and 12,425 shares) resulting in a net increase of 13,658 shares held by the reporting person. The acquisitions are reported with a price of $0 within Table I, which is consistent with grant/vest/exercise accounting treatments rather than purchases. No information on dollar values paid or option strike prices is provided, so market-value impact and tax implications cannot be determined from this filing alone.