Insider Trends: Insider at Qorvo Continues Selling Trend with Tax Sale
05:04 PM EDT, 05/11/2021 (MT Newswires) -- Robert A Bruggeworth, Director and President & CEO, executed a sale of 4,956 shares of Qorvo (QRVO) on May 10, 2021, for approximately $849,805 to fulfill tax obligations. Bruggeworth, following the transactions detailed in the Form 4 SEC filing, has 155,165 company shares, which have a market value of $26.6 million as of the prior-day closing price.
In the 90 days previous to the date of this filing, there have been 6 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 14,399 company shares by insiders. Relative to the preceding 90-day window of time, there were 8 transactions from 6 insiders and resulted in the net disposition of 17,637 shares.
This represents a lower level of transactions than the peer group average in the 25-company Semiconductor Equipment & Testing peer group over the last 90-day period. Activity in the peer group averaged 154.0 transactions per company, and disposition of 6,168 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1604778/000156761921009568/xslF345X03/doc1.xml
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