Form 4: Qorvo Executive Gina Harrison Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Gina Harrison, VP and Corporate Controller of Qorvo, Inc., sold 689 shares of common stock at $107.67 per share on September 6, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On September 6, 2024, Gina Harrison, VP and Corporate Controller of Qorvo, Inc., sold 689 shares of Qorvo's common stock.
- The sale was executed at a price of $107.67 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on June 7, 2024.
- Following the transaction, Harrison directly owns 21,601 shares of Qorvo common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction was pre-planned under a 10b5-1 trading plan and doesn't necessarily reflect the executive's current outlook on the company.
Industry Context
Insider transactions are routinely monitored by investors to gauge executive sentiment regarding the company's prospects. Sales under a 10b5-1 plan are less indicative of current sentiment, as these plans are pre-arranged.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 09/06/2024 | Date of the transaction (sale of shares) |
| 09/09/2024 | Date of signature on the Form 4 filing |
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