STOCK TITAN

Qorvo (QRVO) SVP delivers 2,021 shares to cover tax liability, holds 31,571

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Qorvo, Inc. senior vice president Philip Chesley reported a tax-related share disposition. On May 5, he delivered 2,021 shares of Common Stock at $92.53 per share to satisfy a tax liability, a mechanism described as a tax-withholding disposition rather than an open-market sale. Following this transaction, he directly owned 31,571 Qorvo shares, indicating he retained a substantial equity stake after covering the tax obligation.

Positive

  • None.

Negative

  • None.
Insider Chesley Philip
Role SVP, High Performance Analog
Type Security Shares Price Value
Tax Withholding Common Stock 2,021 $92.53 $187K
Holdings After Transaction: Common Stock — 31,571 shares (Direct, null)
Footnotes (1)
Tax-withholding shares 2,021 shares Common Stock delivered for tax liability on May 5
Price per share $92.53 per share Value used for tax-withholding disposition
Shares held after transaction 31,571 shares Direct Qorvo holdings by Philip Chesley after Form 4 event
Tax-withholding shares count 2,021 shares Reported as taxWithholdingShares in transaction summary
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 2,021 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description explains code F as this type of payment"
non-derivative financial
"transaction_type is listed as "non-derivative" for this entry"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Chesley Philip

(Last)(First)(Middle)
C/O QORVO, INC.
7628 THORNDIKE ROAD

(Street)
GREENSBORO NORTH CAROLINA 27409

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Qorvo, Inc. [ QRVO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, High Performance Analog
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026F2,021D$92.5331,571D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Jason T. Gray, by Power of Attorney05/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Qorvo (QRVO) SVP Philip Chesley report?

Philip Chesley reported a tax-withholding disposition of 2,021 Qorvo common shares. The shares were delivered to cover a tax liability, not sold on the open market. After the transaction, he continued to hold 31,571 Qorvo shares directly.

How many Qorvo (QRVO) shares did the SVP use to cover taxes and at what price?

He used 2,021 Qorvo common shares to cover a tax liability at $92.53 per share. This transaction was coded as tax withholding, meaning the shares were applied to taxes instead of being sold in an open-market trade.

How many Qorvo (QRVO) shares does Philip Chesley hold after this Form 4 transaction?

After the tax-withholding disposition, Philip Chesley directly owned 31,571 Qorvo common shares. This figure reflects his remaining direct equity position following the use of 2,021 shares to satisfy a tax obligation related to his holdings.

Was the Qorvo (QRVO) insider transaction a sale or a tax-withholding event?

The transaction was a tax-withholding event, not an open-market sale. Chesley delivered 2,021 Qorvo shares to pay a tax liability, as indicated by the Form 4 transaction code F and its description for payment of tax obligations.

What does transaction code F mean in the Qorvo (QRVO) Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Qorvo filing, it shows that 2,021 common shares were used to satisfy a tax obligation rather than being sold through a standard market transaction.