QRVO CEO Bruggeworth sells 57,957 shares for $5.8M via scheduled 10b5-1 plan (Feb 2026), retains 319.9K shares
Robert A Bruggeworth, President and CEO of Qorvo, executed 4 separate sales on 2026-06-01 totaling 57,957 shares for $5,819,052.86 under a pre-arranged 10b5-1 trading plan adopted on 2026-02-25. This is a scheduled, non-discretionary transaction executed at a blended average price of $100.40 per share. Post-transaction holdings of 319.9K shares represent a 15.3% reduction in his position. The sale occurs against a backdrop of solid fundamentals (P/E 14.49, $164.1M net income last quarter) and recent positive momentum (90-day change +29.3%, 30-day change +9.9%), though the stock trades 6.2% below its 52-week high. Because this transaction was pre-scheduled under a Rule 10b5-1 plan rather than discretionary, the timing does not reflect any contemporaneous signal about current valuation or business outlook.
QRVO CEO Bruggeworth sells 16.7K shares at $109.73; retains 209.0K shares post-sale.
BRUGGEWORTH ROBERT A, as President and CEO, sold 16,664 shares on 2024-08-15 at $109.73, reducing his holdings from 225,650 to 208,986 shares (a 7.4% reduction). The sale occurred when the stock was trading -14.0% from its 52-week high of $129.21, after a -10.0% decline over 30 days. His same-ticker history at QRVO shows mixed timing outcomes: 2 of 4 prior completed sales were well-timed (negative 90-day returns), while 2 were poorly timed. The company reported a latest-quarter net income of only $414,000 despite $886.7M in revenue, and was unprofitable over its most recent full fiscal year. The sale represents a moderate reduction rather than a material liquidation, and the timing occurs in a down market, though patterns from this insider's prior QRVO transactions do not establish a clear directional signal.
