Robert A. Bruggeworth - May 17, 2023 Form 4 Insider Report for Qorvo, Inc. (QRVO)

Role
President and CEO, Director
Signature
/s/ Jason T. Gray, by Power of Attorney
Stock symbol
QRVO
Transactions as of
May 17, 2023
Transactions value $
-$1,548,126
Form type
4
Date filed
5/18/2023, 05:44 PM
Previous filing
May 17, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Sale -$1.55M -17.1K -8.24% $90.73 190K May 17, 2023 Direct F1
holding QRVO Common Stock 20K May 17, 2023 By Grantor Retained Annuity Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2022.