Form 4: Qorvo Executive Frank P. Stewart Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Frank P. Stewart, SVP at Qorvo, Inc., reports a transaction involving common stock on August 9, 2024, resulting in a decrease in his holdings due to the disposal of 13 shares to cover tax obligations.
Summary
- Frank P. Stewart, a Senior Vice President at Qorvo, Inc., filed a Form 4 with the SEC on August 12, 2024.
- The report details a transaction that occurred on August 9, 2024, involving Qorvo's common stock.
- Stewart disposed of 13 shares of common stock at a price of $107.08 per share.
- This transaction was likely to cover tax obligations related to vesting equity.
- Following the transaction, Stewart directly owns 19,275 shares of Qorvo common stock.
Sentiment
Score: 7
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't indicate any significant positive or negative sentiment, but rather a neutral reporting of facts.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a small transaction by an executive, which is common for covering tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction involving Qorvo common stock. |
| 08/12/2024 | Date of Form 4 filing. |
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