Brown Grant 4

What Happened

• Grant Brown, CFO of Qorvo, received an equity award of 28,376 shares on 2026-05-12 (transaction code A).
• To cover tax withholding related to the award, 7,487 shares were surrendered (transaction code F) at $93.41 per share for a withholding value of $699,361.
• Net shares issued to Brown after withholding: 20,889 shares (28,376 − 7,487), roughly $1.95M in value at $93.41 per share.

Key Details

• Transaction dates: 2026-05-12 (award and tax withholding); Form 4 filed 2026-05-13 (timely).
• Prices/values: withholding price $93.41; withheld shares value $699,361; gross award market value ≈ $2.65M at $93.41.
• Shares owned after transaction: not specified in the provided filing.
• Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (share withholding to cover taxes).
• No 10b5-1 plan or late-filing flag noted in the filing.

Context

• This was an equity award (likely RSUs) with net settlement to satisfy withholding—common for executive compensation and not a market sale.
• Because shares were withheld for taxes rather than sold on the open market, this filing does not represent a bearish sale by the insider; it documents routine award vesting and tax withholding.