QUALCOMM (QCOM) director Sylvia Acevedo converts deferred stock units into shares

Rhea-AI Filing Summary

QUALCOMM director Sylvia Acevedo exercised previously granted deferred stock units and received common shares as part of her board compensation. On March 8, 2026, she converted 2,355.1987 Deferred Stock Units, leaving 1,683.1728 units outstanding in this award.

The settlement delivered 2,355 shares of QUALCOMM common stock at a price of $0.00 per share under the plan, increasing her directly held common stock to 6,445.1335 shares. The footnotes explain that each unit equals one share and that these units were fully vested when granted in March 2023.

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
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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^*

ACEVEDO SYLVIA

(Last) (First) (Middle)

5775 MOREHOUSE DR.

(Street)

SAN DIEGO CA 92121-1714

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

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

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

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

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	03/08/2026		M(1)		2,355	A	$0.0	6,445.1335	D

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
Deferred Stock Unit	(2)	03/08/2026		M			2,355.1987	(3)	(3)	Common Stock	2,355.1987	$0.0	1,683.1728	D

Explanation of Responses:

1. Represents the settlement of Annual Deferred Stock Units granted to the recipient on March 8, 2023.

2. Each Deferred Stock Unit represents a right to receive one share of the Company's common stock.

3. 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.

	By: Jon Russo, Attorney-in-Fact For: Sylvia Acevedo	03/09/2026
	** 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.
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FAQ

What insider transaction did QUALCOMM (QCOM) director Sylvia Acevedo report?

Sylvia Acevedo reported settling Deferred Stock Units into QUALCOMM common stock. On March 8, 2026, she exercised previously granted units as part of her director compensation, receiving shares at $0.00 per share under the company’s equity plan.

How many QUALCOMM (QCOM) Deferred Stock Units did Sylvia Acevedo convert?

Sylvia Acevedo converted 2,355.1987 Deferred Stock Units on March 8, 2026. These units were granted on March 8, 2023, and each unit represents the right to receive one share of QUALCOMM common stock under the company’s deferred stock unit program.

How many QUALCOMM (QCOM) shares did Sylvia Acevedo receive from this Form 4 transaction?

Sylvia Acevedo received 2,355 shares of QUALCOMM common stock through the settlement of Deferred Stock Units. The exercise price was $0.00 per share, reflecting a compensation-related conversion rather than an open-market stock purchase.

What is Sylvia Acevedo’s QUALCOMM (QCOM) share ownership after this transaction?

After the March 8, 2026 settlement, Sylvia Acevedo directly holds 6,445.1335 shares of QUALCOMM common stock. She also retains 1,683.1728 Deferred Stock Units from this grant, which each represent the right to receive one additional common share in the future.

What do QUALCOMM (QCOM) Deferred Stock Units represent for directors?

QUALCOMM Deferred Stock Units represent a right to receive one share of common stock per unit. For this grant, units were 100% vested on the grant date and are settled in stock, or partly in cash if elected, upon specified future events.

When were the QUALCOMM (QCOM) Deferred Stock Units granted to Sylvia Acevedo?

The Deferred Stock Units settled in this filing were granted on March 8, 2023 as Annual Deferred Stock Units. They vest immediately on the grant date and are later settled in QUALCOMM common stock according to the terms outlined in the grant agreement.