Form 4: Qorvo CEO Bruggeworth Reports Stock Disposal
SEC Form 4
Qorvo's President and CEO, Robert A. Bruggeworth, reported the disposal of 7,207 shares of common stock on May 5, 2025, at a price of $70.9.
Summary
- Robert A. Bruggeworth, President and CEO of Qorvo, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 5, 2025, Bruggeworth disposed of 7,207 shares of Qorvo common stock at a price of $70.9 per share.
- Following the transaction, Bruggeworth directly owns 207,063 shares of common stock.
- Bruggeworth also indirectly owns 11,707 shares through a Grantor Retained Annuity Trust.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction. The sentiment is neither positive nor negative as it simply reflects a change in ownership.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The disposal of shares by the CEO could be perceived negatively by some shareholders, although it is a relatively small percentage of his total holdings.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of stock disposal transaction |
| 05/07/2025 | Date of signature on the report |
Keywords
Qorvo, Bruggeworth, Form 4, Beneficial Ownership, Stock Disposal, QRVO, CEO
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