QRVO Qorvo, Inc.
Price Chart
Executive Summary
Qorvo filed an 8-K reporting the Compensation Committee's approval of FY2027 performance-based restricted stock unit (PBRSU) awards for named executive officers and a retention award for the President of High Performance Analog. The filing is a routine compensatory arrangement with no departures, appointments, or material financial data — it does not change the company's operational outlook or capital structure.
Actionable Insight
Routine compensation filing with no trading signal. Monitor the next 10-Q for the full award agreement and any potential dilution from PBRSU vesting. The retention award for the HPA segment president signals management's focus on organic HPA revenue growth — watch for segment performance in upcoming quarters.
Key Facts
- FY2027 PBRSUs approved for CEO Robert A. Bruggeworth (target: 33,183 shares on non-GAAP operating income, 16,591 on gross margin, 16,591 on revenue) and other NEOs
- Retention award granted to Philip J. Chesley (President of HPA): 9,618 service-based RSUs + 9,618 PBRSUs tied to organic HPA revenue growth
- Fair market value set at $103.97 per share (closing price on June 4, 2026)
- Performance metrics revised in response to shareholder feedback — removed objectives-based metrics used in prior years
- PBRSUs vest only after Committee certification of performance achievement; maximum payout is 200% of target per metric
Financial Impact
No financial impact disclosed; target shares represent approximately 0.07% of outstanding shares (66,366 total target shares for CEO at ~$6.9M grant date value at $103.97/share)
Risk Factors
- Potential dilution from PBRSU vesting if performance targets are met (up to 200% of target per metric)
- No material risk identified from this filing alone
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000950103-26-008680 |
| Document: 0000950103-26-008680-index-headers.html | 0000950103-26-008680 |
| Document: 0000950103-26-008680-index.html | 0000950103-26-008680 |
| Document: 0000950103-26-008680.txt | 0000950103-26-008680 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
1d ago
|
8-K / 425
| $97.62 awaiting T+1 | awaiting T+1 | — | $98.59 (+0.99%) |
|
Jun 9, 2026
4d ago
|
8-K
| $99.83 awaiting T+1 | awaiting T+1 | — | $98.59 (−1.24%) |
|
Jun 3, 2026
10d ago
|
Insider Cluster
| $102.64 awaiting T+1 | awaiting T+1 | — | $98.59 (+3.95%) |
|
Jun 3, 2026
10d ago
|
Insider Cluster
| $104.22 $103.67 | ▲ +0.53% | ▲ +0.93% | $98.59 (+5.40%) |
|
Jun 3, 2026
10d ago
|
144
| $104.22 $103.67 | ▲ +0.53% | ▲ +0.93% | $98.59 (+5.40%) |
|
Jun 1, 2026
11d ago
|
144
| $99.92 $102.24 | ▲ +2.32% | ▲ +2.18% | $98.59 (−1.33%) |
|
May 26, 2026
17d ago
|
Insider Cluster
| $103.66 $106.15 | ▲ +2.40% | ▲ +1.85% | $98.59 (−4.89%) |
|
May 22, 2026
21d ago
|
144
| $106.28 $107.89 | ▲ +1.51% | ▲ +0.93% | $98.59 (−7.23%) |
|
May 6, 2026
5w ago
|
425
| $88.64 $88.70 | ▲ +0.07% | ▲ +0.40% | $98.59 (+11.23%) |
|
May 5, 2026
5w ago
|
Press Release
| $88.64 $88.70 | ▲ +0.07% | ▲ +0.40% | $98.59 (+11.23%) |
US Market Status
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