Qorvo CEO Robert Bruggeworth Sells $370,000 in Stock

9/16/18

The chief executive officer of semiconductor company Qorvo Inc. sold $369,000 in company stock earlier this week, according to a filing with the Securities and Exchange Commission.

Robert A. Bruggeworth sold 5,000 shares on Monday at a price of $73.98 per share, according to the filing.

He still owns 185,172 shares in the company worth almost $13.7 million.

Bruggeworth last sold Qorvo stock Aug. 17 when he exercised stock options and sold some of his shares to pay for taxes. He sold 3,068 shares in multiple transactions at prices ranging from $81.64 to $83.41.

Before RF Micro Devices Inc. and TriQuint Semiconductor Inc. merged to form Qorvo, he served as the chief executive and president of RF Micro from January 2003 to December 2014.

Other Qorvo executives exercised options this week and sold shares.

Executive Vice President Steven Creviston was gifted 1,080 shares of common stock. He sold 3,000 shares at a price of $74.88 on Monday, profiting $224,640.

A second executive vice president, Gina Harrison, sold 1,016 shares at a price of $74, profiting $75,184 on Sept. 7.

Another executive vice president, James Klein, sold 2,093 shares at a price of $79.88 on Sept. 4, profiting $167,188.

Qorvo provides radio frequency technologies globally for mobile devices, infrastructure and defense and aerospace applications among other things.

The company’s shares closed Friday at $75.74, up 44 cents, or 0.58 percent, from the previous day’s close.

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