QUALCOMM (QCOM) SVP & CAO updates insider holdings via Form 3/A
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
QUALCOMM INC/DE executive Patricia Y. Grech filed an amended Form 3 to update how certain shares are reported. The amendment shows 913 shares of common stock are held indirectly by a family trust, where she and her spouse serve as trustees and immediate family members are the sole beneficiaries. These shares were previously reported as directly held, so this filing mainly clarifies the form of ownership rather than reporting a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grech Patricia Y
Role
SVP & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 913 shares (Indirect, by Trust)
Footnotes (1)
- These shares were reported as directly held on the reporting person's original Form 3. Shares held by the reporting person's family trust, for which the reporting person and her spouse are trustees. Members of the reporting person's immediate family are the sole beneficiaries of the trust.
FAQ
What does Patricia Grech’s Form 3/A filing for QCOM show?
The Form 3/A shows an updated ownership classification for 913 QCOM common shares. These shares are now reported as held indirectly through a family trust, rather than directly, clarifying how the insider’s existing holdings are structured.
Why was Patricia Grech’s original Form 3 for QCOM amended?
The original Form 3 was amended because those 913 QCOM shares were initially reported as directly held. The amendment clarifies they are actually held indirectly by a family trust, updating the nature of ownership without indicating a new transaction.