4Accepted Aug 7, 5:09 PM ET
Qorvo (QRVO) CFO Brown Grant Surrenders 4,628 Shares for Tax Withholding
Accepted (ET)
5:09 PM
Aug 7, 2026
Filed
Aug 7, 2026
Documents
1
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4.4 KB
Summary
Qorvo (QRVO) CFO Brown Grant Surrenders 4,628 Shares for Tax Withholding
What Happened
Brown Grant, Chief Financial Officer of Qorvo, delivered/forfeited 4,628 shares on 2026-08-05 at $95.04 per share (total value ≈ $439,845) to satisfy a tax liability related to an equity award/option exercise. The transaction is coded F (payment of exercise price or tax liability by delivering or withholding securities) and is not a cash open‑market sale.
Key Details
- Transaction date: 2026-08-05; filing date (Form 4): 2026-08-07.
- Price per share: $95.04; Shares involved: 4,628; Implied value: ≈ $439,845.
- Transaction code: F — shares delivered/withheld to cover tax liability (commonly used for net share settlement or tax withholding after exercise/vesting).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Timeliness: Form 4 was filed two days after the transaction, within the typical 2-business-day reporting window.
Context
This was a tax-withholding/net settlement action tied to an equity award or option exercise—not an open-market sale motivated by liquidity needs or market view. Such withholdings are routine for executives and do not, by themselves, indicate bullish or bearish sentiment. Purchases or open-market sales typically provide clearer signals about an insider’s view.