QRVO.NASDAQQorvo, INC

Form 4: Qorvo Executive Gina Harrison Reports Stock Disposal to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Gina Harrison, VP and Corporate Controller of Qorvo, Inc., disposed of 1,181 shares of common stock on May 16, 2024, to satisfy tax withholding obligations.

Summary

  • On May 16, 2024, Gina Harrison, VP and Corporate Controller of Qorvo, Inc., reported a transaction involving the disposal of 1,181 shares of common stock.
  • The shares were disposed of at a price of $99.91 per share.
  • This transaction was executed to cover tax withholding obligations related to equity compensation.
  • Following the transaction, Ms. Harrison directly owns 20,255 shares of Qorvo common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate a change in the executive's overall confidence in the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates

DateDescription
05/16/2024Date of stock disposal transaction
05/20/2024Date of signature on the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.