[SCHEDULE 13D/A] Qorvo, Inc. Amended Major Shareholder Report
Rhea-AI Filing Summary
Starboard Value and affiliated funds have amended their Schedule 13D on Qorvo, Inc., reporting beneficial ownership of 5,611,526 shares of common stock, or 6.4% of the company. This percentage is based on 88,013,673 shares outstanding as of May 1, 2026, as disclosed in Qorvo's recent annual report. The holdings are spread across multiple Starboard vehicles, largely acquired in open-market purchases funded with working capital, which may include margin loans. One director, Peter A. Feld, also holds 2,496 shares granted in his capacity as a Qorvo director.
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Insights
Starboard reports a 6.4% Qorvo stake across multiple funds.
Starboard Value and its affiliates disclose ownership of 5,611,526 Qorvo shares, representing 6.4% of the common stock based on 88,013,673 shares outstanding as of May 1, 2026. The stake is held through several Starboard funds and related entities.
The filing notes that most shares were acquired via open-market purchases using working capital, which can include margin loans from brokerage firms. Individual vehicle purchase costs range from about $13.2M to $170.2M, indicating sizable, diversified exposure to Qorvo within the Starboard complex.
Because this is an Amendment No. 5 to an existing Schedule 13D, it refines ownership and transaction details rather than establishing a brand-new position. Future company filings and any additional amendments may provide more color on changes in ownership or engagement, but timing is not specified here.