BRUGGEWORTH ROBERT A 4

What Happened Robert A. Bruggeworth, President, CEO and a Director of Qorvo, was granted 102,425 shares (reported as an award, code A) on 2026-05-12 at an acquisition price of $0.00. At the same time, 26,030 shares were surrendered/disposed (code F) at $93.41 per share to satisfy tax and/or exercise-related obligations, generating proceeds/consideration of $2,431,462 (reported as disposed for tax withholding). The award issuance is not a market purchase; the surrender of shares appears to be a withholding/cashless settlement to cover taxes.

Key Details

• Transaction dates: 2026-05-12 (reported on Form 4 filed 2026-05-13)
• Award: 102,425 shares granted (A) at $0.00 acquisition price
• Withholding/disposition: 26,030 shares disposed (F) at $93.41 = $2,431,462 (used to pay taxes/withholding)
• Shares owned after transaction: not specified in the provided filing
• Footnotes/meaning: Code A = award/grant; Code F = payment of exercise price or tax liability (share withholding)
• Timeliness: Filing was submitted the next day (appears timely, not flagged late)

Context This appears to be a standard equity award vesting with net share settlement: the executive received RSU/awarded shares, and a portion was withheld/surrendered to meet tax obligations rather than sold on the open market. Such withholding is common and doesn’t necessarily indicate a buy/sell signal about the insider’s view of the company.