Accepted (ET)
4:38 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
Size
7.1 KB
Summary
Qorvo (QRVO) CEO Robert Bruggeworth Sells Shares
What Happened
Robert A. Bruggeworth, President, CEO and Director of Qorvo (QRVO), sold a total of 28,744 shares in two open-market transactions on September 2, 2026. He sold 16,727 shares at a weighted average price of $100.53 (proceeds $1,681,565) and 12,017 shares at a weighted average price of $101.35 (proceeds $1,217,923), for total proceeds of approximately $2.90 million. These were sales (not purchases) and therefore are typically considered routine insider selling unless otherwise noted.
Key Details
- Transaction dates: 2026-09-02; filing date: 2026-09-03 (appears timely).
- Specific trades: 16,727 shares @ weighted avg $100.53 (range $100.00–$100.99); 12,017 shares @ weighted avg $101.35 (range $101.00–$101.93).
- Total shares sold: 28,744; total proceeds ≈ $2,899,488.
- Shares owned after transaction: Not specified in the provided excerpt—see full Form 4 for holdings.
- Notable footnotes: Transaction was executed under a Rule 10b5-1 trading plan adopted Feb 25, 2026 (pre-arranged). The reported prices are weighted averages; the filer will provide per-price breakdown on request.
Context
Sales made under a 10b5-1 plan are pre-scheduled trades and often reflect planned liquidity rather than real-time views on company prospects. For retail investors, such planned sales generally carry less informational weight than discretionary sales timed around material events.