Skyworks Director Robert Bruggeworth Receives Shares in Qorvo Merger
SKYWORKS SOLUTIONS, INC.
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Filing Summary
š¢ Form 4 Alert: SKYWORKS SOLUTIONS, INC. ($SWKS) Insider: Robert A. Bruggeworth (Director) Event: Merger-Related Stock Acquisition & Tax Withholding ⢠Acquired: 409,175 shares via merger consideration (Qorvo acquisition) ⢠Withheld for Taxes: 149,555 shares @ $83.91 ($12,549,160) ⢠Post-Transaction Beneficial Ownership: 259,620 shares (Direct) Significance: Low (Non-discretionary merger exchange)
Comprehensive Analysis
Executive Summary
On October 5, 2026, Skyworks Solutions, Inc. ($SWKS) Director Robert A. Bruggeworth reported the acquisition of 409,175 shares of SWKS common stock in connection with Skyworks' acquisition of Qorvo, Inc. Simultaneously, 149,555 shares were withheld at a price of $83.91 per share to cover statutory tax obligations resulting from the settlement of accelerated equity awards.
Transaction Details
- Merger Consideration Acquisition: 409,175 shares received under transaction code
A. Under the merger agreement, Qorvo shares and accelerated RSUs were converted into 0.960 shares of Skyworks common stock plus $32.50 in cash. - Tax Withholding Disposition: 149,555 shares disposed of under transaction code
Fat $83.91 per share to satisfy tax obligations ($12.55 million in value). - Net Ending Balance: 259,620 directly held shares of common stock following the transaction.
Market Impact & Significance
This transaction represents an automatic, non-discretionary equity conversion resulting from the closing of the Skyworks-Qorvo business combination rather than an open-market insider purchase or sale. As such, it carries low predictive signal regarding standalone insider sentiment, though it reflects a major corporate consolidation milestone within the RF semiconductor sector.
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