Form 4: Qorvo SVP Grant Brown Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Grant Brown, SVP & Chief Financial Officer of Qorvo, Inc., disposed of 1,527 shares of common stock on August 5, 2024, to cover tax obligations.
Summary
- On August 5, 2024, Grant Brown, the SVP & Chief Financial Officer of Qorvo, Inc., disposed of 1,527 shares of common stock.
- The transaction was executed at a price of $107.93 per share.
- The disposal was related to covering tax obligations.
- Following the transaction, Brown directly owns 46,131 shares of Qorvo common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of stock disposal transaction |
| 08/06/2024 | Date of signature on the Form 4 filing |
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