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

Carlos S. Bori, SVP of Sales & Marketing at Skyworks Solutions, sold 9,321 shares of common stock at an average price of $101.97 per share on September 13, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Carlos S. Bori, a Senior Vice President at Skyworks Solutions, sold 9,321 shares of the company's common stock on September 13, 2024.
• The sale was executed at an average price of $101.97 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on June 10, 2024.
• Following the transaction, Bori directly owns 37,203 shares and indirectly owns 1,734 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the sale was conducted under a pre-arranged trading plan. It doesn't necessarily reflect a positive or negative outlook on the company's future.

Industry Context

Insider sales are a common occurrence, and the use of 10b5-1 plans allows insiders to sell shares without being accused of trading on material non-public information. The market will likely interpret this sale in the context of Skyworks' overall performance and industry trends.

Stakeholder Impact

• The sale could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates this concern.

Key Dates