QUALCOMM (QCOM) director Jamie S. Miller receives 2,563 deferred stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Jamie S reported acquisition or exercise transactions in this Form 4 filing.
QUALCOMM director Jamie S. Miller received a grant of 2,563 deferred stock units as part of the company’s 2026 Director Compensation Plan. The units are fully vested on the grant date and are scheduled to be settled in Qualcomm common stock, or partially in cash if elected, on the earlier of March 17, 2029, death, disability, or a change in control. Following this grant, Miller directly holds 4,693.6901 shares of common stock and indirectly holds 8,373 shares through a joint account with a spouse. This filing reflects a compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Miller Jamie S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,563 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,693.69 shares (Direct);
Common Stock — 8,373 shares (Indirect, by Joint Account)
Footnotes (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) March 17, 2029 (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 jointly with spouse.
FAQ
What did Jamie S. Miller report in the latest QUALCOMM (QCOM) Form 4 filing?
Jamie S. Miller reported receiving 2,563 deferred stock units as an equity grant under QUALCOMM’s 2026 Director Compensation Plan. These units are fully vested on the grant date and will later settle in common stock or partially in cash under the plan’s terms.
Is the Jamie S. Miller Form 4 for QUALCOMM (QCOM) a stock purchase or sale?
The Form 4 does not show an open-market stock purchase or sale. It reports an equity grant coded as a grant or award acquisition, reflecting director compensation rather than a discretionary trade, so it does not represent a traditional buy or sell transaction.
When will Jamie S. Miller’s QUALCOMM (QCOM) deferred stock units be settled?
The deferred stock units are scheduled to be settled on March 17, 2029, or earlier upon death, disability, or a change in control. Settlement will occur in QUALCOMM common stock, with an option for partial cash settlement if an election is made within 60 days.
Are Jamie S. Miller’s QUALCOMM (QCOM) deferred stock units fully vested?
Yes, the filing states the deferred stock units are 100% vested on the grant date. Although fully vested, they are not delivered immediately; instead, they will be settled in shares, or partially in cash, at the specified future settlement time or triggering events.
How will partial cash settlement of QUALCOMM (QCOM) deferred stock units be reported?
If Jamie S. Miller elects partial cash settlement, that cash-related portion will be treated as a disposition to QUALCOMM on the settlement date. The filing notes any such partial cash settlement would be reported on a subsequent Form 4, if applicable at that time.