No. 1584Independent rewrite deskUpdated September 5, 2026

Financial News
& Market Press Releases

DEALSSBR declares USD 0.33168 monthly cash dividend, ex-date September 15Sep 5DEALSASO declares $0.15 quarterly cash dividend, payment set for October 14Sep 5EARNINGSKNOT Offshore Partners adds Hilda Knutsen and refinances $225 million as shuttle tanker supply falls short of demandSep 5GOOGLFairphone Gen 6+ arrives in the US at $650, betting repairability beats the upgrade cycleSep 5NVDAWoot puts refurbished Alienware Aurora 16 within reach at $927Sep 5NVDANvidia's Hugging Face acquisition plan sends Huang's net worth toward $200 billionSep 5DEALSHow the Los Angeles Rams engineered cap room to bring Aaron Donald backSep 4$BTCBlackRock's IBIT hits $70 billion as Fink's Bitcoin view completes its arcSep 4MACROL3Harris Technologies awarded $139 million Navy contract for submarine mastsSep 4REGULATORYCBS Mornings adds Norah O'Donnell as Paramount's $111 billion Warner Bros. Discovery deal faces antitrust trialSep 4DEALSSBR declares USD 0.33168 monthly cash dividend, ex-date September 15Sep 5DEALSASO declares $0.15 quarterly cash dividend, payment set for October 14Sep 5EARNINGSKNOT Offshore Partners adds Hilda Knutsen and refinances $225 million as shuttle tanker supply falls short of demandSep 5GOOGLFairphone Gen 6+ arrives in the US at $650, betting repairability beats the upgrade cycleSep 5NVDAWoot puts refurbished Alienware Aurora 16 within reach at $927Sep 5NVDANvidia's Hugging Face acquisition plan sends Huang's net worth toward $200 billionSep 5DEALSHow the Los Angeles Rams engineered cap room to bring Aaron Donald backSep 4$BTCBlackRock's IBIT hits $70 billion as Fink's Bitcoin view completes its arcSep 4MACROL3Harris Technologies awarded $139 million Navy contract for submarine mastsSep 4REGULATORYCBS Mornings adds Norah O'Donnell as Paramount's $111 billion Warner Bros. Discovery deal faces antitrust trialSep 4

NewsDeals

Qorvo (QRVO) Insider Sale Carries Little Signal as Skyworks Merger Resets the Payout Math

A routine vesting transaction at Qorvo, Inc. (NASDAQ: QRVO) looks different in the context of the company's pending $22 billion acquisition by Skyworks Solutions, which has replaced Qorvo's standalone fundamentals with a fixed conversion formula for shareholders. Steven E. Creviston, Qorvo's senior vice president of connectivity and sensors, disposed of 3,949 shares on August 5 at a weighted average price of $95.04, generating $375,313 in proceeds under a non-discretionary tax withholding arrangement tied to equity award vesting. The next confirmable milestone: whether the deal closes before year-end, a timeline Skyworks CEO Phil Brace has said he is optimistic about.

By Talia GreenwoodNewsroomAugust 8, 20262 min read

Qorvo SVP Steven E. Creviston disposed of 3,949 shares on August 5 at a weighted average price of $95.04, generating $375,313 through a non-discretionary tax withholding arrangement tied to equity award vesting.
The sale was one of seven near-identical filings from Qorvo insiders on the same vesting date, all driven by the same tax withholding mechanism rather than discretionary trading.
Qorvo is being acquired by Skyworks Solutions in a $22 billion deal in which each Qorvo share converts into $32.50 in cash plus 0.96 of a Skyworks share.
Skyworks CEO Phil Brace has framed a calendar-year 2026 close as optimistic, earlier than the initially slated early-2027 timeline.
Qorvo's fiscal fourth-quarter revenue was $808 million, down 7% year over year, with non-GAAP earnings of $1.69 a share beating the $1.21 consensus.

Seven filings, one mechanism

The August 5 disposal was one of seven near-identical filings Qorvo insiders submitted on the same vesting date, each driven by the same tax withholding mechanism. Creviston now holds 124,261 shares directly, a 3% reduction from his prior position, representing approximately 0.1% of the company. The post-transaction value stood at $11.84 million based on the August 5 close of $95.25. That figure is already somewhat notional. Under the Skyworks deal, each Qorvo share converts into $32.50 in cash plus 0.96 of a Skyworks share, so the eventual payout moves with how Skyworks trades rather than Qorvo's own operating results.

Qorvo's quarterly print

Qorvo's fiscal fourth-quarter revenue came in at $808 million, down 7% year over year. Non-GAAP earnings of $1.69 a share cleared the $1.21 consensus by a wide margin. The company carries trailing 12-month revenue of $3.6 billion and net income of $399.2 million, generated across two segments: Mobile Products and Infrastructure and Defense Products. Qorvo designs RF, analog, and power semiconductor components for smartphone manufacturers, telecom infrastructure providers, automotive suppliers, and defense contractors, with its parts embedded across 5G deployment chains. Approximately 5,000 employees work out of its Greensboro, North Carolina headquarters.

The close timeline

The Skyworks acquisition was initially slated to close by early 2027. Brace's more optimistic framing points to calendar-year 2026, and that date is the variable Qorvo holders should actually track. The stock's 12-month return through August 5 stood at 12%, with a market capitalization of $8.4 billion as of that session. Once a definitive closing date is set, the conversion formula takes over: $32.50 in cash plus 0.96 of a Skyworks share for each Qorvo share held.

More from the Newsroom

All stories →

01Deals

SBR declares USD 0.33168 monthly cash dividend, ex-date September 15

A USD 0.33168 per-share monthly cash dividend from SBR puts the September 15 ex-date in focus for holders, with payment set for September 29, 2026. The record date falls on September 15 as well, leaving no gap between the ex-date cutoff…

Renata Ostrowski2 min read

02Deals

ASO declares $0.15 quarterly cash dividend, payment set for October 14

A quarterly cash dividend of $0.15 per share is in focus for ASO, with September 16 confirmed as both the ex-dividend and record date. Payment follows on October 14, 2026. The setup is mechanical but the timeline is tight: shareholders who…

Miles Broadbent2 min read

03Deals · GOOGL

Fairphone Gen 6+ arrives in the US at $650, betting repairability beats the upgrade cycle

Fairphone, the Dutch smartphone maker, has entered the US market with the Gen 6+, priced at $650 and built around a repairability-first design that runs against how most of the industry assembles a phone. CTO Chandler Hatton said the…

Miles Broadbent2 min read

Frequently asked

Why does the insider sale carry little signal?

The disposal was a non-discretionary transaction to cover taxes on vesting equity awards, and the pending Skyworks merger has replaced Qorvo's standalone fundamentals with a fixed conversion formula for shareholders.

How many shares does Creviston hold after the sale?

He now holds 124,261 shares directly, a 3% reduction from his prior position, representing roughly 0.1% of the company and valued at $11.84 million based on the August 5 close of $95.25.

What will Qorvo shareholders receive under the Skyworks deal?

Each Qorvo share converts into $32.50 in cash plus 0.96 of a Skyworks share, so the eventual payout moves with how Skyworks trades rather than Qorvo's operating results.

When is the Skyworks acquisition expected to close?

It was initially slated to close by early 2027, but Skyworks CEO Phil Brace has offered a more optimistic framing pointing to calendar-year 2026.

What does Qorvo do and where is it based?

Qorvo designs RF, analog, and power semiconductor components for smartphones, telecom, automotive, and defense markets, with about 5,000 employees at its Greensboro, North Carolina headquarters.