Qorvo (NASDAQ: QRVO) SVP granted 18,967 shares, 3,167 withheld for taxes
Rhea-AI Filing Summary
Qorvo, Inc. senior vice president Philip Chesley reported equity compensation activity in company common stock. On May 12, 2026, he received a grant of 18,967 shares at a reported price of $0.0000 per share, and 3,167 shares were disposed of as a tax-withholding transaction at $93.41 per share. After these transactions, he directly holds 47,371 shares of Qorvo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,800 shares
Net Buy
2 txns
Insider
Chesley Philip
Role
SVP, High Performance Analog
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,967 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,167 | $93.41 | $296K |
Holdings After Transaction:
Common Stock — 47,371 shares (Direct)
Key Figures
Stock grant shares: 18,967 shares
Tax-withheld shares: 3,167 shares
Tax-withholding price: $93.41 per share
+1 more
4 metrics
Stock grant shares
18,967 shares
Common stock awarded to Philip Chesley on May 12, 2026
Tax-withheld shares
3,167 shares
Shares disposed of to cover tax obligations at $93.41 per share
Tax-withholding price
$93.41 per share
Price for shares delivered to pay tax liability
Post-transaction holdings
47,371 shares
Directly held Qorvo common shares after reported transactions
Key Terms
tax-withholding disposition, Grant, award, or other acquisition, Rule 10b5-1
3 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition on common stock"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Rule 10b5-1 regulatory
"document-level Rule 10b5-1 checkbox (aff_10b5_one)"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Qorvo (QRVO) report for Philip Chesley?
Philip Chesley reported a stock grant of 18,967 Qorvo common shares, with 3,167 shares disposed of in a tax-withholding transaction. Following these moves, he directly holds 47,371 Qorvo common shares.
Was Philip Chesley’s Qorvo (QRVO) transaction under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox in the filing is not marked as an affirming trading plan. This indicates the reported stock grant and related tax-withholding disposition were not designated as being executed under a Rule 10b5-1 trading plan.