Form 4: Qorvo SVP Paul J. Fego Sells 2,500 Shares Under 10b5-1 Trading Plan

Paul J. Fego, SVP of Global Operations at Qorvo, Inc., sold 2,500 shares of common stock at $113.84 per share on September 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On September 3, 2024, Paul J. Fego, SVP of Global Operations at Qorvo, Inc., disposed of 2,500 shares of common stock.
• The shares were sold at a price of $113.84 per share.
• The transaction was executed under a Rule 10b5-1 trading plan adopted on May 22, 2024.
• Following the transaction, Fego directly owns 40,988 shares of Qorvo common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. The use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any material non-public information.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider information being used for personal gain.

Key Dates