[Form 4] Qorvo, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Qorvo insider Chesley Philip, Senior Vice President, High Performance Analog, reported a sale of 2,664 shares of Qorvo common stock on 08/15/2025 at $90.09 per share under a Rule 10b5-1 trading plan adopted August 5, 2024. After the reported sale the filing shows beneficial ownership of 33,592 shares held directly. The Form 4 was signed under power of attorney on 08/19/2025. No derivative transactions or other classes of securities are reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Officer sold a modest number of shares under a pre-established 10b5-1 plan; holding remains substantial but transaction appears routine.
The reported disposition of 2,664 shares at $90.09 reduces the reporting person’s direct holdings to 33,592 shares. Because the sale was executed pursuant to a Rule 10b5-1 plan adopted on August 5, 2024, this appears to be a planned, pre-scheduled disposition rather than an opportunistic trade. The size of the sale relative to total beneficial ownership reported is moderate and does not by itself indicate material change in insider alignment with shareholders.
TL;DR: Transaction complies with disclosure and 10b5-1 plan rules; nothing in the filing signals governance concerns.
The Form 4 discloses required details: transaction date, price, post-transaction holdings, and the plan adoption date. Use of a 10b5-1 plan provides affirmative defense to insider trading claims if plan conditions were met. No other reportable events such as derivative exercises or changes in officer status are included, suggesting routine compliance with Section 16 reporting obligations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,664 | $90.09 | $240K |
Footnotes (1)
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