Qorvo (QRVO) CEO Bruggeworth sells 57,957 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Qorvo, Inc. President and CEO Robert A. Bruggeworth reported open-market sales of 57,957 shares of Qorvo common stock. The trades occurred on June 1, 2026 in four separate transactions at weighted average prices of about $99.73, $100.56, $101.22, and $102.40 per share.
The filing notes that these transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 25, 2026. Footnotes explain that each reported price reflects a weighted average, with individual sales completed in multiple trades within price ranges from $99.40 to $102.91 per share.
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Insights
Qorvo’s CEO executed a pre-planned net sale of 57,957 shares.
The Form 4 shows Robert A. Bruggeworth, Qorvo’s President and CEO, completed four open-market sales totaling 57,957 common shares on June 1, 2026. Reported weighted average sale prices ranged from about $99.73 to $102.40 per share.
The filing specifies that these sales were made pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2026. Such plans are established in advance and executed automatically, so the timing of the trades generally carries less informational value about management’s current view than discretionary sales.
No derivative exercises or tax-withholding entries appear in the disclosed data, and the derivativeSummary is empty, indicating only straightforward common stock sales in this report. The overall signal is a routine, pre-planned insider sale rather than a clear shift in insider sentiment.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,500 | $99.73 | $2.84M |
| Sale | Common Stock | 13,221 | $100.56 | $1.33M |
| Sale | Common Stock | 12,985 | $101.22 | $1.31M |
| Sale | Common Stock | 3,251 | $102.40 | $333K |
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 25, 2026. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.40 to $99.99 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00 to $100.98 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.90 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.00 to $102.91 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.