QUALCOMM (NASDAQ: QCOM) SVP converts RSUs and withholds shares

Rhea-AI Filing Summary

QUALCOMM SVP and Chief Accounting Officer Patricia Y. Grech reported multiple transactions on February 20, 2026 involving restricted stock units (RSUs) and common stock. Several RSU awards converted into Qualcomm common stock at a stated price of $0.00 per unit, reflecting vesting of prior equity grants.

A family trust for which Grech and her spouse are trustees acquired several blocks of Qualcomm common stock as these RSUs converted, and held 1,261 shares indirectly after the largest reported acquisition. To cover tax obligations, the trust disposed of 488 shares at $142.88 per share through a tax-withholding transaction, rather than an open-market sale.

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

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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^*

Grech Patricia Y

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		M		423	A	$0.0	423	I	by Trust(1)
Common Stock	02/20/2026		M		314	A	$0.0	737	I	by Trust(1)
Common Stock	02/20/2026		M		44	A	$0.0	781	I	by Trust(1)
Common Stock	02/20/2026		M		169	A	$0.0	950	I	by Trust(1)
Common Stock	02/20/2026		M		311	A	$0.0	1,261	I	by Trust(1)
Common Stock	02/20/2026		F		488	D	$142.88	773	I	by Trust(1)

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
Restricted Stock Unit	(2)	02/20/2026		M			423.0593	(3)	11/20/2026(3)	Common Stock	423.0593	$0.0	1,268.1308	D
Restricted Stock Unit	(2)	02/20/2026		M			314.3557	(4)	11/20/2027(4)	Common Stock	314.3557	$0.0	3,557.3431	D
Restricted Stock Unit	(2)	02/20/2026		M			169.8635	(5)	11/20/2027(5)	Common Stock	169.8635	$0.0	3,387.4796	D
Restricted Stock Unit	(2)	02/20/2026		M			44.2248	(6)	11/20/2028(6)	Common Stock	44.2248	$0.0	4,235.5306	D
Restricted Stock Unit	(2)	02/20/2026		M			311.5839	(6)	11/20/2028(6)	Common Stock	311.5839	$0.0	3,923.9467	D

Explanation of Responses:

1. Shares held by the reporting person's family trust, for which the reporting person and her spouse are trustees. Members of the reporting person's immediate family are the sole beneficiaries of the trust.

2. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.

3. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2024 and ending on November 20, 2026.

4. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2025 and ending on November 20, 2027.

5. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2026 and ending on November 20, 2027.

6. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2026 and ending on November 20, 2028.

	By: David Zuckerman, Attorney-in-Fact For: Patricia Y. Grech	02/24/2026
	** 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 transactions did QUALCOMM (QCOM) executive Patricia Grech report?

Patricia Y. Grech reported multiple equity transactions on February 20, 2026, including RSU conversions into Qualcomm common stock and related movements in a family trust. The trust acquired several stock blocks and disposed of 488 shares at $142.88 each to satisfy tax-withholding obligations.

Were the QUALCOMM (QCOM) insider transactions open-market stock sales?

The filing shows no open-market sales. The only share disposition was 488 Qualcomm shares at $142.88 each classified as a tax-withholding transaction, meaning shares were delivered to cover tax obligations from vested equity rather than sold at the insider’s discretion in the open market.

How are the QUALCOMM (QCOM) shares held by Patricia Grech’s family trust structured?

Shares are held by a family trust where Patricia Grech and her spouse serve as trustees, and immediate family members are sole beneficiaries. Several common stock blocks were acquired by this trust upon RSU conversion, resulting in indirect ownership, as reflected by the “by Trust” nature of ownership in the filing.

What do the QUALCOMM (QCOM) restricted stock units in this filing represent?

Each restricted stock unit is the economic equivalent of one share of Qualcomm common stock, converting on a one-for-one basis. The RSUs vest in equal quarterly amounts across schedules running from February 20, 2024 through November 20, 2028, depending on the specific grant referenced.

Did QUALCOMM (QCOM) SVP Patricia Grech increase her direct equity stake?

Direct holdings in restricted stock units increased through several derivative exercises at $0.00 per unit, with one position reaching 1,268.1308 units after conversion. Indirect common stock holdings in the family trust also changed through RSU conversions and a 488-share tax-withholding disposition at $142.88 per share.