Qorvo, Inc.: director Peter A Feld sold 5,616,349 shares

What happened

• Peter A Feld, a director, disposed of two holdings of Qorvo common stock on Oct 5, 2026: 4,823 shares and 5,611,526 shares, totaling 5,616,349 shares. The Form 4 lists the transactions as dispositions to the issuer in connection with the Oct 5, 2026 merger with Skyworks.
• Under the merger terms each Qorvo share converted into the right to receive 0.960 shares of Skyworks common stock and $32.50 in cash per share. That equates to about 5,391,695.04 Skyworks shares (with cash in lieu of fractional shares) and $182,531,342.50 in cash in total. The filing also notes outstanding restricted stock units were cancelled for the same merger consideration and accrued dividend equivalents were paid.

Key details

• Transaction date and price: Oct 5, 2026; transaction type: disposition to issuer; price listed as N/A in the trade table but Merger Consideration specified as 0.960 Skyworks shares plus $32.50 cash per Qorvo share.
• Shares reported disposed: 4,823 and 5,611,526; total disposed: 5,616,349.
• Qorvo shares owned after the transaction: 0 (each share converted into merger consideration).
• Footnotes: F1 indicates Feld may be deemed to beneficially own securities held by Starboard Value accounts as a managing member; F2 confirms the Qorvo–Skyworks merger closed on Oct 5, 2026; F3 describes conversion mechanics for shares and restricted stock units and payment of dividend equivalents.
• Filing timeliness: reported on Oct 5, 2026; no late filing indicated in the provided information.

Why it may matter

• This was not a market sale: the reported disposals were conversions into merger consideration under the merger agreement rather than open-market transactions.
• Restricted stock units were cancelled and settled for the same merger consideration and accrued dividend equivalents.
• A filing does not show why the insider traded or why the company acted.