GREENSBORO – The chief executive officer of Qorvo, Inc., an international producer of semiconductors, sold around $1.2 million worth of the company’s shares.

Robert A. Bruggeworth sold 4,555 shares on Monday at $131.40 and an additional 4,350 shares at $134.59 on Tuesday, according to a Form 4 filed with the Securities and Exchange Commission.

Bruggeworth, the CEO of Qorvo since the creation of the firm in 2014, now owns 175,207 shares of the company, worth around $23.2 million based on Wednesday’s closing stock price.

Other insiders, including three vice presidents of the company, sold around $715,000 worth of stock at a share price of $131.40 on Monday, filings show.

Steven Creviston, president of mobile products, sold 2,000 shares worth $262,000. Creviston now owns 63,944 shares. James Klein, president of infrastructure and defense products, sold 1,220 shares totaling $189,216. Klein now owns 48,785 shares. Paul Fego, VP of global operations, sold 2,002 shares for a value of $263,063. Fego owns 46,053 shares following the transaction.

Qorvo, Inc. was founded following the merger of RF Micro Devices and TriQuijnt Semiconductors, Inc. in 2014.

Qorvo shares closed on Wednesday at $132. 46, down 15 cents, or 0.11 percent, for the day.

The filing can be found here.

This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism