Qorvo (QRVO) SVP sees 2,527 shares withheld in tax transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qorvo, Inc. senior vice president of global operations Paul J. Fego reported a tax-related share disposition. On a Form 4, he disclosed that 2,527 shares of Qorvo common stock were withheld at a price of $92.53 per share to cover tax obligations. After this tax-withholding disposition, he directly holds 52,031 shares of Qorvo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FEGO PAUL J
Role
SVP, Global Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,527 | $92.53 | $234K |
Holdings After Transaction:
Common Stock — 52,031 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withheld shares: 2,527 shares
Implied share value: $92.53 per share
Post-transaction holdings: 52,031 shares
3 metrics
Tax-withheld shares
2,527 shares
Shares delivered to cover tax liability
Implied share value
$92.53 per share
Value used for 2,527-share tax-withholding disposition
Post-transaction holdings
52,031 shares
Common stock held directly after tax-withholding transaction
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 Paul J. Fego?
Qorvo reported that SVP Global Operations Paul J. Fego had 2,527 shares of common stock withheld at $92.53 per share. This was a tax-withholding disposition, not an open-market trade, recorded on a Form 4 insider filing.
Was the Qorvo (QRVO) insider transaction a stock sale on the market?
No, the transaction was a tax-withholding disposition, coded “F” on the Form 4. Shares were delivered to cover tax obligations rather than being sold in the open market, making it a routine administrative event.
What does transaction code "F" mean in the Qorvo (QRVO) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this Qorvo filing, it reflects that 2,527 shares were withheld to satisfy tax obligations, rather than being bought or sold on the market.