Director at Qualcomm (NASDAQ: QCOM) gets deferred stock unit award

Rhea-AI Filing Summary

FIELDS MARK reported acquisition or exercise transactions in this Form 4 filing.

QUALCOMM director Mark Fields reported an equity compensation grant rather than an open-market trade. He received 2,563 deferred stock units of common stock under the Qualcomm Incorporated 2026 Director Compensation Plan at no cost. These units are fully vested on the grant date and will be settled in company shares, or partially in cash if elected, upon separation from service no earlier than the third anniversary of grant, or upon death, disability, or a change in control. Following this award, Fields holds 9,988.1005 common shares directly and 3,069 shares indirectly through his spouse's trust.

Insights

Corporate governance analyst

Routine director equity grant; compensation-related acquisition with no open-market buying or selling.

Director Mark Fields received 2,563 deferred stock units in QUALCOMM common stock as part of the 2026 Director Compensation Plan. The units are granted at a price of $0.0000 per share and are 100% vested immediately, indicating standard non-cash board compensation.

The footnotes explain these units convert into common shares, or partially into cash if elected, upon separation from service no earlier than the third anniversary, or upon death, disability, or change in control. This timing feature defers settlement and helps align director interests with longer-term company performance.

After the grant, Fields holds 9,988.1005 shares directly and 3,069 shares indirectly via his spouse's trust. There are no derivative positions or open-market purchases or sales disclosed here, so the filing mainly documents ongoing equity-based compensation rather than a directional trading signal.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FIELDS MARK

(Last) (First) (Middle)

5775 MOREHOUSE DR.

(Street)

SAN DIEGO CALIFORNIA 92121-1714

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
QUALCOMM INC/DE [ QCOM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/17/2026		A		2,563(1)	A	$0.0	9,988.1005	D
Common Stock								3,069	I	by Spouse's Trust(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the grant of Annual Deferred Stock Units to Directors pursuant to the Qualcomm Incorporated 2026 Director Compensation Plan. Deferred Stock Units are 100% vested on the grant date. The units will be settled in shares of the Company's common stock (and partially in cash if election is made within 60 days of the date of grant) in accordance with the grant agreement on the earlier of (1) separation from service, provided this date is no earlier than the third anniversary of the date of grant, (2) death, (3) disability, or (4) a change in control. If an election is made to settle the units partially in cash, such partial cash settlement will be reported on a subsequent Form 4 (if applicable) as a disposition to the Issuer on the settlement date.

2. Securities held by the Jane Fields Rev Living Trust U/A Dtd Apr 5, 2004.

	By: Jon Russo, Attorney-in-Fact For: Mark Fields	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Mark Fields report for QUALCOMM (QCOM)?

Mark Fields reported receiving 2,563 deferred stock units in QUALCOMM common stock. The award is a director compensation grant at no cash cost, fully vested on the grant date and scheduled for settlement in shares or partial cash on future separation or similar events.

Was Mark Fields’ QUALCOMM (QCOM) Form 4 a stock purchase or sale?

The Form 4 reflects an equity grant, not an open-market purchase or sale. Fields acquired 2,563 deferred stock units as part of the 2026 Director Compensation Plan, indicating routine non-cash board compensation rather than discretionary trading activity in QUALCOMM shares.

How many QUALCOMM (QCOM) shares does Mark Fields hold after this filing?

After the reported grant, Mark Fields holds 9,988.1005 shares directly and 3,069 shares indirectly. The indirect shares are held through his spouse's trust, according to the footnote, providing a clearer picture of his total reported equity exposure in QUALCOMM.

What are the terms of the deferred stock units granted to Mark Fields at QUALCOMM (QCOM)?

The deferred stock units are fully vested on grant and settle later in stock or partial cash. Settlement occurs on separation from service no earlier than the third anniversary, or upon death, disability, or change in control, aligning compensation with longer-term company outcomes.

Does Mark Fields’ QUALCOMM (QCOM) Form 4 indicate any derivative or option exercises?

The filing does not show any derivative or option exercises for Mark Fields. It reports only a grant of 2,563 deferred stock units and updated direct and indirect common stock holdings, with no option-related transactions or other derivative positions listed in the derivative summary.

How is the indirect ownership in QUALCOMM (QCOM) shares by Mark Fields structured?

Indirect QUALCOMM holdings are reported through the Jane Fields Rev Living Trust. The Form 4 notes 3,069 common shares held by this spouse’s trust, providing transparency on shares associated with the director but not held in his direct name.