Qorvo CEO Reports Sale and Award-Related Acquisitions, Holdings Rise to 319,004
Rhea-AI Filing Summary
Robert A. Bruggeworth, President and CEO and a director of Qorvo, Inc. (QRVO), reported several changes in his direct holdings on 08/13/2025 and 08/14/2025. He sold 1,394 shares at $89.77 on 08/13/2025, reducing his holdings to 264,701 shares. On 08/13/2025 he acquired 6,378 shares at $0, and on 08/14/2025 he acquired 47,925 shares at $0, bringing his total beneficial ownership to 319,004 shares, held directly.
Positive
- Total direct holding increased to 319,004 shares after the reported transactions
- Acquisitions of 54,303 shares (6,378 on 08/13/2025 and 47,925 on 08/14/2025) were recorded at $0
Negative
- Sale of 1,394 shares occurred on 08/13/2025 at $89.77
Insights
TL;DR: Insider executed a small sale plus award-related acquisitions, increasing total direct holdings to 319,004 shares.
The Form 4 shows routine insider activity by the CEO and director, combining a modest open-market sale of 1,394 shares at $89.77 with two non-cash acquisitions totaling 54,303 shares, likely from awards or similar issuances given the $0 price. The transactions are reported as direct ownership and result in a net increase in reported holdings. There is no indication in this filing of any change in control or material disposition beyond the sale shown.
TL;DR: Transactions are mixed but appear routine; net effect is an increase in the reporting person’s direct stake.
The entries list a sale and subsequent acquisitions on consecutive dates, with the sale executed at $89.77 and the acquisitions recorded at $0, increasing beneficial ownership to 319,004 shares. For investors, the filing documents insider activity but does not present evidence of large-scale liquidation or a material change in stake that would typically signal a shift in confidence or strategy.