Qorvo (QRVO) SVP Philip Chesley Sells 2,999 Shares to Cover Taxes

What Happened

• Philip Chesley, Senior Vice President, High Performance Analog at Qorvo, disposed of 2,999 shares on August 5, 2026. The shares were reported as disposed at $95.04 per share, for a total of roughly $285,025.
• This transaction is reported under code F — payment of exercise price or tax liability — meaning shares were withheld/disposed to cover tax or exercise-related obligations rather than an open-market sale.

Key Details

• Transaction date and price: 2026-08-05, 2,999 shares at $95.04 each (total ~$285,025).
• Filing date: Form 4 filed 2026-08-07 (appears timely relative to the reported transaction).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote/transaction code: F = payment of exercise price or tax liability (share withholding to cover taxes); the filing lists the shares as "Disposed."
• This was not reported as an open-market sale (no P/S code for market sale) but as tax/exercise-related withholding.

Context

• For retail investors: tax-withholding dispositions are common when options vest or restricted stock units (RSUs) settle; they do not necessarily signal a manager changing their investment view.
• Because this is a withholding/covering action (not a discretionary sale), it generally carries less informational weight about the insider’s sentiment than a voluntary open-market sale or purchase.