Form 4: Qorvo SVP Frank P. Stewart Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Frank P. Stewart, SVP of Advanced Cellular at Qorvo, Inc., disposed of 36 shares of common stock on May 16, 2024, to satisfy tax withholding obligations.
Summary
- On May 16, 2024, Frank P. Stewart, SVP of Advanced Cellular at Qorvo, Inc., disposed of 36 shares of common stock.
- The transaction was executed at a price of $99.91 per share.
- The disposal was related to covering tax obligations.
- Following the transaction, Stewart directly owns 19,989 shares of Qorvo common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
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 involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of stock disposal transaction |
| 05/20/2024 | Date of signature on the Form 4 filing |
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