Qorvo (QRVO) SVP uses 1,796 shares to satisfy tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qorvo, Inc. senior vice president Frank P. Stewart reported a routine tax-withholding share disposition. On this Form 4, 1,796 shares of Qorvo common stock were delivered at $92.53 per share to satisfy tax obligations related to equity compensation.
After this non-market transaction, Stewart directly owned 32,863 Qorvo shares, indicating he retained a substantial equity position following the tax-withholding event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stewart Frank P.
Role
SVP, Advanced Cellular
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,796 | $92.53 | $166K |
Holdings After Transaction:
Common Stock — 32,863 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 1,796 shares
Tax-withholding price: $92.53 per share
Post-transaction holdings: 32,863 shares
3 metrics
Tax-withholding shares
1,796 shares
Shares delivered to satisfy tax liability
Tax-withholding price
$92.53 per share
Value used for tax-withholding disposition
Post-transaction holdings
32,863 shares
Direct Qorvo common stock owned after transaction
Key Terms
tax-withholding disposition, Form 4, common stock
3 terms
tax-withholding disposition financial
"The filing characterizes the event as a tax-withholding disposition related to equity compensation."
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
"On this Form 4, 1,796 shares of Qorvo common stock were delivered."
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.
common stock financial
"The transaction involved Qorvo common stock at $92.53 per share."
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.
FAQ
What insider transaction did Qorvo (QRVO) report for Frank P. Stewart?
Qorvo reported that SVP Frank P. Stewart had 1,796 shares of common stock withheld to cover tax obligations. The shares were valued at $92.53 each, and the event reflects a tax-withholding disposition, not an open-market stock sale.
What are Frank P. Stewart’s Qorvo (QRVO) holdings after the reported Form 4 transaction?
Following the tax-withholding disposition, Frank P. Stewart directly owned 32,863 Qorvo common shares. This post-transaction holding indicates he continues to maintain a meaningful equity stake in the company after settling the associated tax obligations.
Was the Qorvo (QRVO) Form 4 transaction an open-market sale by Frank P. Stewart?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities tied to equity compensation, which is a routine administrative process rather than a discretionary sale decision.