SVP Sells Qorvo 8,226 Shares Worth $683,000

Frank P. Stewart, SVP, Advanced Cellular at Qorvo (QRVO +0.13%), reported the direct sale of 8,226 shares for a transaction value of approximately $683,000 on Feb. 17, 2026, according to a SEC Form 4 filing.

Transaction summary

Transaction value based on SEC Form 4 weighted average purchase price ($84.29); post-transaction value based on Feb. 17, 2026 market close ($84.29).

Key questions

• How does this sale compare to Frank P. Stewart’s historical transaction pattern?
  Over the last two years, the insider executed only one other sale (1,000 shares in September 2023), making this transaction substantially larger in both volume and proportion of holdings affected.
• What is the current scale of the insider’s equity exposure after the trade?
  Direct holdings stand at 34,659 shares (~$2.9 million as of Feb. 17, 2026), with no indirect or derivative equity exposure remaining post-transaction.
• Was the transaction discretionary or pre-scheduled?
• What impact, if any, does this have on the company’s insider ownership ratio?
  The sale reduced Frank P. Stewart’s individual ownership to approximately 0.04% of Qorvo’s outstanding shares, reflecting a modest share of total insider ownership at the company.

Company overview

• 1-year performance is calculated using Feb. 17, 2026 as the reference date.

Company snapshot

• Offers a broad portfolio of radio frequency (RF) solutions, power management ICs, ultra-wideband (UWB) SoCs, MEMS sensors, and Wi-Fi products for mobile devices, infrastructure, defense, automotive, and industrial markets.
• Generates revenue primarily through direct sales to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and via a global network of distributors, leveraging proprietary semiconductor technologies and integrated solutions.
• Targets leading OEMs in the mobile, infrastructure, automotive, industrial, and defense sectors seeking advanced connectivity and power management solutions.

Qorvo is a global semiconductor company specializing in advanced RF and power solutions for wireless, wired, and power markets. The company leverages integrated system-on-chip and system-in-package technologies to address complex connectivity and signal management challenges. Qorvo’s broad customer base and diversified end-market exposure provide resilience and competitive differentiation within the technology sector.

What this transaction means for investors

Qorvo stock has been in a state of decline since 2021. Its heavy dependence on a single customer (believed to be Apple)likely hampered the stock. Although it is working to diversify into areas such as defense, automotive, and connectivity, such moves will take time to transform the company.

However, its outlook seems to have gradually improved. After bottoming in the spring of 2025, it had recovered amid an overall 10.67% increase over the last year.

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NASDAQ: QRVO

Qorvo

Today’s Change

(0.13%) $0.10

Current Price

$78.27

Key Data Points

Market Cap

$7.2B

Day’s Range

$78.05 - $79.70

52wk Range

$49.46 - $106.30

Volume

38K

Avg Vol

1.3M

Gross Margin

44.58%

It is in this environment that Stewart sold some of his shares. Incidentally, two other Qorvo executives sold shares within a few days of this transaction.

Although we do not know why Stewart and his colleagues chose to sell now, it is worth noting that Stewart kept more than 80% of his shares. That indicates that the sale does not point to a loss of confidence in Qorvo.

Thus, investors should probably take this move in stride and avoid changing their perceptions of the semiconductor stock because of this and other sales.