Form 4: Qorvo CEO Bruggeworth Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Qorvo's CEO, Robert A. Bruggeworth, filed a Form 4 detailing changes in his beneficial ownership of the company's stock due to transactions on May 15, 2025.
Summary
- Robert A. Bruggeworth, the President and CEO of Qorvo, Inc., reported changes in his beneficial ownership of Qorvo stock on May 15, 2025.
- The transactions included the disposition of 29,053 shares of common stock at a price of $79.44 and the acquisition of 91,059 shares at $0.
- Following these transactions, Bruggeworth directly owns 269,069 shares of common stock and indirectly owns 11,707 shares through a Grantor Retained Annuity Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, so it doesn't inherently convey positive or negative sentiment. It's a factual disclosure.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and potentially gauge their confidence in the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the CEO's stock transactions as an indicator of management's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock transactions (disposition and acquisition). |
| 05/19/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Qorvo, QRVO, Bruggeworth, CEO
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