Qorvo (QRVO) CEO uses 17,562 shares to cover equity tax obligation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qorvo, Inc. President and CEO Robert A. Bruggeworth reported a tax-related share disposition involving company common stock. On this date, 17,562 shares were delivered at $92.53 per share to satisfy tax obligations, rather than being sold in the open market. After this non-market tax-withholding transaction, he continues to hold 301,442 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRUGGEWORTH ROBERT A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 17,562 | $92.53 | $1.63M |
Holdings After Transaction:
Common Stock — 301,442 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withheld shares: 17,562 shares
Price per share: $92.53 per share
Shares held after transaction: 301,442 shares
+1 more
4 metrics
Tax-withheld shares
17,562 shares
Shares delivered for tax obligations on common stock
Price per share
$92.53 per share
Value assigned to shares used for tax withholding
Shares held after transaction
301,442 shares
Direct Qorvo common stock holdings after tax-withholding event
Tax-withholding transaction direction
Disposition
Classified as tax-withholding disposition rather than open-market sale
Key Terms
tax-withholding disposition, Common Stock, Form 4, Payment of exercise price or tax liability by delivering securities
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Qorvo (QRVO) report for CEO Robert Bruggeworth?
Qorvo disclosed that CEO Robert A. Bruggeworth had 17,562 shares of common stock delivered at $92.53 per share to cover tax obligations. This was a tax-withholding disposition, not an open-market sale, and is part of routine equity compensation mechanics.
Was the QRVO CEO’s May 2026 transaction an open-market stock sale?
No, the QRVO CEO’s transaction was classified as a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy tax liabilities associated with equity, a common administrative step rather than a discretionary trade in the market.
What does transaction code F mean in the Qorvo (QRVO) CEO’s Form 4?
Transaction code F in the CEO’s Form 4 indicates a tax-withholding disposition, where shares are delivered to pay exercise price or tax liabilities. It signals an administrative equity event rather than a standard open-market purchase or sale of Qorvo stock.