Form 4: Qorvo SVP Disposes Shares for Tax Obligations

Qorvo's SVP of Connectivity & Sensors, Steven E. Creviston, disposed of 3,377 shares of common stock at $85.17 per share to cover tax withholding obligations.

Summary

• Steven E. Creviston, SVP of Connectivity & Sensors at Qorvo, Inc. (QRVO), disposed of 3,377 shares of common stock.
• The transaction occurred on August 5, 2025, at a price of $85.17 per share.
• This disposition was made to satisfy tax withholding obligations, as indicated by transaction code 'F'.
• Following this transaction, Mr. Creviston beneficially owns 93,429 shares of Qorvo common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine disposition of shares by an officer to cover tax withholding obligations, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes and does not provide broader industry context or trends. It is specific to an individual's shareholding activity within Qorvo, Inc., a company operating in the semiconductor industry, particularly in connectivity and sensor solutions.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, tax-related disposition of a small percentage of the officer's total holdings, not indicative of a change in confidence or strategy.

Key Dates

Recommendation

This Form 4 filing details a routine disposition of shares by an executive to cover tax withholding obligations, a common practice for equity compensation. It does not reflect a change in the company's fundamentals, strategic direction, or the executive's confidence in the company. Therefore, it provides no new information to warrant a change in investment recommendation; a 'hold' stance is appropriate unless other fundamental factors change.

Keywords

Qorvo, QRVO, SEC Form 4, Insider Trading, Stock Disposition, Tax Withholding, Steven E. Creviston, Officer Transaction, Common Stock, Rule 10b5-1