Skyworks director Bruggeworth acquires 409,175 shares
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Rhea-AI Filing Summary
Skyworks Solutions, Inc. director Robert A. Bruggeworth reported acquiring 409,175 shares of Skyworks common stock on October 5, 2026, in connection with Skyworks’ acquisition of Qorvo, Inc. Under the merger terms, each Qorvo common share he held immediately before the effective time converted into the right to receive 0.960 Skyworks shares and $32.50 in cash; his outstanding Qorvo RSU awards were accelerated and canceled for the right to receive the same consideration. Skyworks withheld 149,555 shares to satisfy tax withholding obligations related to unrestricted stock issuance, at a reported $83.91 per share. No Rule 10b5-1 plan is reported.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 409,175 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 149,555 | $83.91 | $12.55M |
Footnotes (3)
- F1. Represents shares of common stock acquired in connection with the Issuer's acquisition of Qorvo, Inc. ("Qorvo") on October 5, 2026 (the "Merger"). Pursuant to the Agreement and Plan of Merger, dated October 27, 2025, by and among the Issuer, Comet Acquisition Corp., Comet Acquisition II, LLC and Qorvo (the "Merger Agreement"), each issued and outstanding share of Qorvo common stock held by the reporting person immediately prior to the effective time of the Merger (including shares in respect of Accelerated Qorvo RSUs (as defined in the Merger Agreement)) was converted into the right to receive (i) 0.960 shares of the Issuer's common stock and (ii) $32.50 in cash, without interest (together, the "Merger Consideration"). Pursuant to the Merger Agreement, each outstanding Qorvo RSU Award (as defined in the Merger Agreement) held by the reporting person immediately prior to the effective time of the Merger was accelerated and cancelled for the right to receive the Merger Consideration.
- F2. (Continued from footnote 1) All fractional share holdings were paid in cash.
- F3. Represents shares withheld to satisfy tax withholding obligations related to the issuance of unrestricted stock to the reporting person.
Key Figures
Key Terms
Merger Consideration financial
Accelerated Qorvo RSUs financial
tax withholding obligations financial
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