Qualcomm (NASDAQ: QCOM) director awarded 538 deferred stock units
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
Key Figures
DSUs granted: 538 units
Grant price: $0.0000 per unit
Direct holdings after grant: 12,849.8312 shares
+3 more
6 metrics
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
Key Terms
Deferred Stock Units, change in control, Revocable Trust
3 terms
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.
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.