Qorvo, Inc.: CEO Robert Bruggeworth sold 426,232 shares

What happened Robert A. Bruggeworth, president and CEO and director, disposed 426,232 shares of Qorvo common stock and was granted 100,686 restricted stock units on Oct 5, 2026. Under the merger agreement, each Qorvo share disposed was converted into the right to receive $32.50 in cash and 0.960 shares of Skyworks common stock; the cash component for 426,232 shares is $13,852,540. The 100,686 shares were recorded as a grant at $0.00.

Key details

• Transaction date: Oct 5, 2026.
• Grant (A): 100,686 RSUs acquired @ $0.00.
• Disposition to issuer (D): 426,232 shares disposed @ N/A; per the filing each share converted into $32.50 cash and 0.960 Skyworks shares (cash total $13,852,540).
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — certain performance-based RSUs were deemed achieved at the greater of target and actual performance; F2/F3 — vested RSUs were cancelled for merger consideration and other RSU awards were assumed or converted by Skyworks, with accrued dividend equivalents paid in cash.
• Filing date: Oct 5, 2026; no late filing indicated.

Why it may matter

• The disposition was effected as part of the merger consideration, not a market sale.
• Some RSUs were accelerated and paid out in merger consideration; other RSUs were converted or assumed by Skyworks.
• This filing does not show why the insider traded or why the company acted.