Qorvo, Inc.·4

Jun 2, 4:22 PM ET

BRUGGEWORTH ROBERT A 4

Research Summary

AI-generated summary

Updated

Qorvo (QRVO) CEO Robert Bruggeworth Sells 57,957 Shares

What Happened
Robert A. Bruggeworth, President, CEO and a director of Qorvo, sold a total of 57,957 shares in open‑market transactions on June 1, 2026 for aggregate proceeds of about $5.82 million. The sales broke down as follows:

  • 28,500 shares at a weighted average $99.73 (range $99.40–$99.99) — $2,842,305
  • 13,221 shares at a weighted average $100.56 (range $100.00–$100.98) — $1,329,504
  • 12,985 shares at a weighted average $101.22 (range $101.00–$101.90) — $1,314,342
  • 3,251 shares at a weighted average $102.40 (range $102.00–$102.91) — $332,902
    These were sales (not purchases) and therefore are generally considered routine dispositions rather than an explicit bullish signal.

Key Details

  • Transaction date: June 1, 2026; Form 4 filed June 2, 2026 (timely filing).
  • Reported weighted average prices and ranges are shown above; each group was sold in multiple executions (see footnotes for exact ranges).
  • Total shares sold: 57,957; total proceeds: approximately $5,819,053.
  • Shares owned after the transaction: not disclosed in this filing.
  • Notable footnotes: F1 — sales were made pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Bruggeworth on February 25, 2026. F2–F5 — reported prices are weighted averages; each tranche was executed at multiple prices within the specified ranges and full breakdowns are available upon SEC/stakeholder request.
  • Transaction code: S = Sale.

Context
A Rule 10b5‑1 plan is a prearranged trading program that lets insiders sell shares according to a preset plan; disclosures of such plans help indicate transactions were planned in advance. For retail investors, purchases generally carry more informational weight than routine sales; these filings are factual records of insider activity and do not by themselves explain the insider’s motives.