Qorvo Form 4: Officer sells 13,612 shares under 10b5-1 plan
Rhea-AI Filing Summary
Paul J. Fego, Senior Vice President, Global Operations at Qorvo, Inc. (QRVO), reported a sale of 13,612 shares of Qorvo common stock on 09/22/2025 at a reported price of $95 per share. After the sale, the reporting person beneficially owned 54,558 shares. The filing indicates the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2024. The Form 4 was signed by an authorized power of attorney on 09/23/2025.
Positive
- Transaction executed under a Rule 10b5-1 plan, indicating pre-established compliance procedures
- Reporting person retains a substantial holding after the sale (54,558 shares)
Negative
- Reduction in insider holdings by 13,612 shares following the sale
Insights
TL;DR: Insider sold shares under a pre-established 10b5-1 plan; transaction appears procedural and compliant.
The sale of 13,612 shares at $95 under a Rule 10b5-1 plan signals adherence to an established trading program adopted on May 22, 2024. Use of a 10b5-1 plan typically reduces insider trading risk by documenting timing and intent in advance. The remaining beneficial ownership of 54,558 shares keeps the executive materially invested, though the filing does not provide percentage ownership or context on total insider holdings. No derivative transactions were reported. Documentation was executed by power of attorney on 09/23/2025, consistent with routine Form 4 processing.
TL;DR: Routine disposition of stock by an officer; appears non-material to company capital structure.
The disposition reduces the reporting person's holdings by 13,612 shares. At a $95 per-share price, the gross proceeds from the reported sale would be approximately $1.29 million, but the filing does not disclose net proceeds or reason beyond the 10b5-1 plan. No options or other derivative activity were disclosed in Table II. Given the single-line nature of the report and absence of other related disclosures, this Form 4 represents a routine insider transaction rather than a material corporate event.