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AI brief of an SEC Form 8-K · Qorvo (QRVO)

Qorvo grants fiscal 2026 performance stock awards to its named executive officers

Neutral Impact 1 of 5 other Written later

On May 15, 2025, Qorvo's Compensation Committee approved fiscal 2026 performance-based restricted stock units for each current named executive officer, priced at the $78.42 closing share price on that date. The awards pay out in shares only if set performance objectives and service conditions are met, so their value to executives depends on future results.

Key points

  • Awards approved May 15, 2025, valued at $78.42 per share, the Nasdaq closing price that day
  • About 75% of target grant value is tied to performance objectives such as design wins, AI tools, and cost savings; about 25% is tied to non-GAAP gross margin for fiscal 2026 through 2028
  • Officers may earn up to 200% of target shares; CEO Robert A. Bruggeworth's target is 61,974 performance objective units and 20,658 gross margin units

The filing

CompanyQorvo (QRVO)
Form8-K, current report
Filed with the SECMay 21, 2025, 4:07 PM ET
Accession number0001604778-25-000047

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 21, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.