4Accepted Oct 5, 4:07 PM ET
Qorvo: CFO Brown Grant received and disposed 103,876 shares
Accepted (ET)
4:07 PM
Oct 5, 2026
Filed
Oct 5, 2026
Documents
1
Size
8.6 KB
Summary
Qorvo: CFO Brown Grant received and disposed 103,876 shares
What happened
- Brown Grant, CFO of Qorvo, received 27,304 restricted stock units (award, code A) at $0.00 on Oct 5, 2026 (total value reported $0) and disposed 76,572 shares to the issuer (disposition, code D) on Oct 5, 2026 (price and total value reported as N/A).
- Footnotes describe the transactions as occurring in connection with the merger between Qorvo and Skyworks completed Oct 5, 2026; certain RSU awards were accelerated or converted as described in the merger agreement.
Key details
- Transaction dates and codes: Oct 5, 2026 — acquisition (A) of 27,304 RSUs at $0.00; Oct 5, 2026 — disposition to issuer (D) of 76,572 shares, price N/A.
- Shares owned after the transaction: not provided in the filing.
- Material footnotes:
- Under the merger agreement, RSUs subject to performance vesting were deemed achieved at the greater of target and actual performance (F1).
- Each share of Qorvo common stock was converted into the right to receive 0.960 shares of Skyworks common stock plus $32.50 in cash per share (cash in lieu for fractional shares) as the merger consideration (F2).
- Accelerated Qorvo RSUs were cancelled in exchange for the merger consideration and any accrued unpaid dividend equivalents; other RSUs were assumed and converted into Skyworks time-based RSUs per the conversion ratio (F3).
- Filing timeliness: report filed on Oct 5, 2026; no late filing is indicated.
Why it may matter
- The filing shows an award of RSUs and a disposition to the issuer tied to the merger mechanics, not a market sale or an independent purchase.
- This is a transaction tied to corporate action (merger) rather than a typical open-market trade.
- This filing does not show why the insider traded or why the company acted.