Chesley Philip 4

What Happened Chesley Philip, Senior Vice President, High Performance Analog at Qorvo (QRVO), completed two sales of company stock: 13,352 shares sold on May 15, 2026 at $88.78 per share ($1,185,391) and 1,288 shares sold on May 18, 2026 at $93.00 per share ($119,784). The combined proceeds from these transactions were approximately $1,305,175. These were sales (not purchases), which are often routine insider liquidity events rather than explicit positive signals about the company.

Key Details

• Transaction dates & prices:
  • 2026-05-15: 13,352 shares @ $88.78 = $1,185,391
  • 2026-05-18: 1,288 shares @ $93.00 = $119,784
• Total shares sold: 14,640; total proceeds: ~$1,305,175.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: The May 15 transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2026 (10b5-1 plans allow pre-set trades).
• Filing timeliness: No late-filing flag was provided in the information supplied.

Context

• Sales under a 10b5-1 plan are pre-arranged and often reflect planned portfolio management rather than a change in insider sentiment. For retail investors, purchases generally carry more explanatory weight than sales; sales can be for diversification, tax, or personal reasons.
• These transactions were reported on an SEC Form 4 filed May 19, 2026 covering activity in mid-May 2026.