STOCK TITAN

Qualcomm (NASDAQ: QCOM) director awarded 538 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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

QUALCOMM director Mark McLaughlin received a grant of 538 Deferred Stock Units (DSUs) of common stock on March 31, 2026, issued in lieu of cash retainer fees. The DSUs are 100% vested on the grant date and will be settled in Qualcomm common shares, or partially in cash if an election is made within 60 days, under the grant terms.

After the grant, McLaughlin directly holds 12,849.8312 shares of common stock. In addition, 29,578 shares are held indirectly by the McLaughlin Revocable Trust, for which Mark and Karen McLaughlin serve as trustees.

Positive

  • None.

Negative

  • None.
Insider MCLAUGHLIN MARK D
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 538 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 12,849.831 shares (Direct); Common Stock — 29,578 shares (Indirect, by Trust)
Footnotes (1)
  1. Represents Deferred Stock Units (DSUs) issued in lieu of payment of cash retainer fees. 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) 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. Securities held by Mark McLaughlin and Karen McLaughlin, Trustees of the McLaughlin Revocable Trust U/A DTD 02/20/2001.
DSUs granted 538 units Deferred Stock Units issued in lieu of cash retainer fees on March 31, 2026
Grant price $0.0000 per unit Compensation award, not open-market purchase
Direct holdings after grant 12,849.8312 shares Common stock directly owned after DSU grant
Indirect trust holdings 29,578 shares Common stock held by McLaughlin Revocable Trust
Vesting status 100% vested at grant Deferred Stock Units vest immediately on grant date
Settlement trigger Earlier of third anniversary, death, disability, change in control Conditions for DSU settlement in stock or partial cash
Deferred Stock Units financial
"Represents Deferred Stock Units (DSUs) issued in lieu of payment of cash retainer fees."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
change in control financial
"on the earlier of (1) third anniversary ... (4) a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Revocable Trust financial
"Securities held by Mark McLaughlin and Karen McLaughlin, Trustees of the McLaughlin Revocable Trust U/A DTD 02/20/2001."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
SEC Form 4
FORM 4UNITED 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*
MCLAUGHLIN MARK D

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A538(1)A$0.012,849.8312D
Common Stock29,578Iby 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents Deferred Stock Units (DSUs) issued in lieu of payment of cash retainer fees. 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) 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 Mark McLaughlin and Karen McLaughlin, Trustees of the McLaughlin Revocable Trust U/A DTD 02/20/2001.
By: Jon Russo, Attorney-in-Fact For: Mark D. McLaughlin04/01/2026
** Signature of Reporting PersonDate
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 did QUALCOMM (QCOM) director Mark McLaughlin receive in this Form 4 filing?

Mark McLaughlin received a grant of 538 Deferred Stock Units (DSUs) of QUALCOMM common stock. These units were issued instead of cash director retainer fees and are fully vested on the grant date, reflecting routine non-cash board compensation.

How are the QUALCOMM (QCOM) Deferred Stock Units for Mark McLaughlin structured?

The 538 DSUs are 100% vested at grant and will be settled in QUALCOMM common stock, or partially in cash if elected within 60 days. Settlement occurs under the grant agreement on the earlier of the third anniversary, death, disability, or a change in control.

When will Mark McLaughlin’s QUALCOMM (QCOM) DSUs be settled?

The DSUs will be settled in QUALCOMM common shares (and possibly partially in cash) at the earlier of the third anniversary of the grant date, death, disability, or a change in control, as specified in the grant agreement’s settlement terms.

What are Mark McLaughlin’s direct QUALCOMM (QCOM) holdings after this DSU grant?

Following the grant, Mark McLaughlin directly holds 12,849.8312 shares of QUALCOMM common stock. This figure comes from the Form 4’s post-transaction holdings column and reflects his direct ownership separate from any trust-held shares.

What indirect QUALCOMM (QCOM) holdings are reported for Mark McLaughlin?

The filing reports 29,578 QUALCOMM common shares held indirectly by the McLaughlin Revocable Trust. Mark and Karen McLaughlin serve as trustees of this trust, and the position is shown as indirect ownership in the Form 4 data.

Was there a purchase price for Mark McLaughlin’s QUALCOMM (QCOM) DSUs?

The 538 Deferred Stock Units were granted at a per-unit price of $0.0000, indicating they are compensation awards, not open-market purchases. They were issued in lieu of cash retainer fees for his service as a QUALCOMM director.