Robert A. Bruggeworth - 22 Aug 2023 Form 4 Insider Report for Qorvo, Inc. (QRVO)

Signature
/s/ Jason T. Gray, by Power of Attorney
Issuer symbol
QRVO
Transactions as of
22 Aug 2023
Net transactions value
-$880,804
Form type
4
Filing time
24 Aug 2023, 16:19:43 UTC
Previous filing
17 Aug 2023
Next filing
24 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Sale $880,804 -8,689 -4.3% $101.37 193,994 22 Aug 2023 Direct F1
holding QRVO Common Stock 20,000 22 Aug 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.