Form 4: Skyworks Solutions SVP Carlos Bori Sells Shares Under 10b5-1 Trading Plan

Skyworks Solutions SVP, Sales & Marketing, Carlos S. Bori, executed sales of common stock under a pre-arranged 10b5-1 trading plan.

Summary

• Carlos S. Bori, SVP of Sales & Marketing at Skyworks Solutions, Inc., sold shares of common stock on October 14, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on June 10, 2024.
• A total of 4,301 shares were sold at an average price of $97.16, with prices ranging from $96.95 to $97.35 per share.
• An additional 5,876 shares were sold at an average price of $97.98, with prices ranging from $97.38 to $98.35 per share.
• Following the transactions, Bori directly owns 27,026 shares of Skyworks Solutions common stock.
• Bori also indirectly owns 1,738 shares through a 401(k) plan as of September 30, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-arranged trading plan, which doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Insider selling can be interpreted in various ways by the market, but the existence of a 10b5-1 plan suggests the sales were pre-planned and not necessarily based on current company performance or outlook.

Stakeholder Impact

• Shareholders may react to insider selling, although the 10b5-1 plan context mitigates potential negative interpretations.
• The company is unlikely to be directly impacted as the sales are personal transactions of the reporting person.

Key Dates