Qorvo (QRVO) CFO has 4,194 shares withheld in tax disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qorvo, Inc. senior vice president and chief financial officer Grant Brown reported a routine tax-related share disposition. On a Form 4, he had 4,194 shares of Qorvo common stock withheld at $92.53 per share to satisfy tax obligations. Following this tax-withholding disposition, he continues to directly hold 40,234 shares of Qorvo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Grant
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,194 | $92.53 | $388K |
Holdings After Transaction:
Common Stock — 40,234 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withheld shares: 4,194 shares
Price per share: $92.53 per share
Shares held after transaction: 40,234 shares
3 metrics
Tax-withheld shares
4,194 shares
Common Stock, code F tax-withholding disposition
Price per share
$92.53 per share
Value used for tax-withholding disposition
Shares held after transaction
40,234 shares
Direct Qorvo common stock holdings post-transaction
Key Terms
tax-withholding disposition, Form 4, transaction code F
3 terms
tax-withholding disposition financial
"had 4,194 shares of Qorvo common stock withheld in a 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.
Form 4 regulatory
"reported a routine tax-related share disposition on a 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.
transaction code F regulatory
"transaction code F indicates a tax-withholding disposition"
FAQ
What insider transaction did Qorvo (QRVO) disclose for CFO Grant Brown?
Qorvo disclosed that CFO Grant Brown had 4,194 shares of common stock withheld in a tax-withholding disposition. This was reported on a Form 4 and reflects shares delivered to cover tax obligations, not an open-market sale.
Was the Qorvo (QRVO) CFO’s Form 4 transaction an open-market sale?
No, the Form 4 for Qorvo’s CFO shows a tax-withholding disposition with code F, not an open-market sale. Shares were delivered at $92.53 per share to pay tax liabilities tied to equity compensation.
What does transaction code F mean in the Qorvo (QRVO) CFO’s Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to pay an exercise price or tax liability. For Qorvo’s CFO, 4,194 shares were used this way rather than sold on the open market.