Qorvo grants FY2026 PBRSUs to named executives; CEO gets 61,974 target shares

Qorvo, Inc.

Comp Committee approved FY2026 PBRSUs for CEO Robert Bruggeworth (61,974 target shares) and other NEOs.
Awards split: ~75% based on key initiatives (design wins, AI tools, manufacturing); ~25% on gross margin objectives for FY2026-2028.
PBRSUs granted at $78.42/share (May 15 close); max payout 200% of target.
CFO Grant Brown received 17,215 Performance Objective PBRSUs and 5,738 Gross Margin PBRSUs.
Performance periods range from Q1 FY2026 to Q1 FY2027; earned PBRSUs vest over three years.

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