A Form 4 filed with the SEC on August 18, 2026 discloses that Philip Chesley, Senior Vice President of High Performance Analog at Qorvo, Inc. (NASDAQ:QRVO), sold 5,487 shares of common stock on August 17, 2026.

Key Highlights

  • Shares sold: 5,487 shares of Qorvo common stock disposed of on August 17, 2026
  • Sale price: $97.5 per share
  • Remaining ownership: 44,021 shares of common stock beneficially owned directly following the transaction
  • Rule 10b5-1 plan: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Chesley on February 12, 2026
  • Filing signed: Jason T. Gray signed the form by power of attorney on August 18, 2026

Qorvo SVP Chesley Reports Share Disposal Under Pre-Arranged Trading Plan

According to the Form 4 filing, Philip Chesley, an officer of Qorvo, Inc. holding the title of SVP, High Performance Analog, disposed of 5,487 shares of the company's common stock on August 17, 2026, at a price of $97.5 per share. The transaction is recorded under transaction code "S" in Table I of the filing, indicating a sale of directly held securities.

The filing discloses that the transaction was carried out under a Rule 10b5-1 trading plan that Chesley adopted on February 12, 2026. Rule 10b5-1 plans allow corporate insiders to establish pre-scheduled instructions for buying or selling securities at a time when they are not in possession of material nonpublic information. The filing includes a check-box confirmation that the transaction was made pursuant to such a plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Following the reported sale, the filing states that Chesley directly beneficially owns 44,021 shares of Qorvo common stock. No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed by Jason T. Gray acting by power of attorney and was filed on August 18, 2026, one day after the reported transaction date.

What Was Disclosed

The filing reports a single open-market sale of 5,487 Qorvo common shares by SVP Philip Chesley at $97.5 per share on August 17, 2026, executed under a pre-established Rule 10b5-1 plan, leaving him with 44,021 directly held shares.