Robert A. Bruggeworth - May 16, 2024 Form 4 Insider Report for Qorvo, Inc. (QRVO)

Signature
/s/ Jason T. Gray, by Power of Attorney
Stock symbol
QRVO
Transactions as of
May 16, 2024
Transactions value $
-$1,518,860
Form type
4
Date filed
5/20/2024, 04:11 PM
Previous filing
May 16, 2024
Next filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Sale -$1.29M -13K -5.75% $99.38 212K May 16, 2024 Direct F1
transaction QRVO Common Stock Tax liability -$231K -2.32K -1.09% $99.91 210K May 16, 2024 Direct
holding QRVO Common Stock 20K May 16, 2024 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 February 5, 2024.