Form 4: Qorvo Executive Trades Common Stock
Statement of Changes in Beneficial Ownership
Qorvo SVP & CFO Grant Brown executed trades involving company common stock under a pre-established Rule 10b5-1 trading plan.
Summary
- SVP & Chief Financial Officer Grant Brown of Qorvo, Inc. (QRVO) reported transactions involving the company's common stock.
- These transactions occurred on May 15, 2026, and May 18, 2026.
- On May 15, 2026, 14,195 shares were disposed of at a price of $88.78 per share.
- On May 18, 2026, an additional 1,544 shares were disposed of at a price of $93.00 per share.
- These sales were made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Brown on November 6, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. The transactions were executed under a pre-established Rule 10b5-1 plan, indicating a planned divestment rather than a reaction to new information.
Negatives
- SVP & Chief Financial Officer Grant Brown disposed of a total of 15,739 shares of Qorvo common stock.
- The total value of shares disposed of is approximately $1,307,000.
Future Outlook
No forward-looking statements or guidance are present in this filing.
Industry Context
StockSavvy.ai notes that insider selling, especially when conducted under a Rule 10b5-1 plan, is a common practice for executives to diversify their holdings or manage personal finances. While it can sometimes be perceived negatively by the market, the existence of a pre-arranged plan suggests a lack of immediate negative non-public information driving the sale.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Rule 10b5-1 Trading Plan | Reporting person utilized a pre-established Rule 10b5-1 trading plan for the sale of securities. | 11/06/2025 | Ensures compliance with insider trading regulations by establishing a predetermined plan for stock transactions. |
Stakeholder Impact
- Shareholders: The sale of shares by a senior executive may be perceived by some shareholders as a negative signal, although the use of a Rule 10b5-1 plan mitigates this concern by indicating a pre-planned transaction.
- Employees: The transactions do not directly impact employees, but market perception of executive confidence can indirectly influence morale.
- Creditors: No direct impact on creditors is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 11/06/2025 | Date Rule 10b5-1 trading plan was adopted by reporting person. |
| 05/15/2026 | Transaction Date: Disposal of 14,195 shares of common stock. |
| 05/18/2026 | Transaction Date: Disposal of 1,544 shares of common stock. |
| 05/19/2026 | Date of Report (Signature Date). |
Keywords
Qorvo, QRVO, Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Grant Brown, CFO
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