[Form 4] QUALCOMM INC/DE Insider Trading Activity

Rhea-AI Filing Summary

QUALCOMM (QCOM) reported an insider equity transaction by its Chief Technology Officer, Baaziz Achour. On 11/20/2025, a family trust for which he and his spouse are trustees acquired 1,150 shares of common stock through the vesting and conversion of Restricted Stock Units at an exercise price of $0.0. On the same date, 571 shares were disposed of at $159.59 per share, typically reflecting shares withheld to cover taxes, leaving 87,039 shares of common stock indirectly held by the trust.

These Restricted Stock Units were each economically equivalent to one share of Qualcomm common stock and converted on a one-for-one basis. The RSUs and related dividend equivalents vested one-third on November 20, 2023, with the remaining balance vesting quarterly thereafter.

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^*

ACHOUR BAAZIZ

(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)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

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	11/20/2025		M		1,150	A	$0.0	87,610	I	by Trust(1)
Common Stock	11/20/2025		F		571	D	$159.59	87,039	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)	11/20/2025		M			1,150.2582	(3)	11/20/2025(3)	Common Stock	1,150.2582	$0.0	0	D

Explanation of Responses:

1. Shares held by the reporting person's family trust, for which the reporting person and his 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) vested one-third on November 20, 2023, and the remaining balance vested quarterly thereafter.

	By: Jon Russo, Attorney-in-Fact For: Baaziz Achour	11/21/2025
	** 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.
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.

FAQ

What insider transaction did QUALCOMM (QCOM) report in this Form 4?

The Form 4 reports that Chief Technology Officer Baaziz Achour, through a family trust, acquired 1,150 shares of Qualcomm common stock on 11/20/2025 via the vesting and conversion of Restricted Stock Units, and disposed of 571 shares on the same date.

How many QUALCOMM (QCOM) shares does the reporting person hold after the transaction?

Following the reported transactions, the family trust indirectly holds 87,039 shares of QUALCOMM common stock.

What was the price involved in the QUALCOMM (QCOM) share disposition?

The disposition of 571 shares of QUALCOMM common stock was reported at a price of $159.59 per share.

What are the terms of the Restricted Stock Units reported for QUALCOMM (QCOM)?

Each Restricted Stock Unit is the economic equivalent of one share of QUALCOMM common stock and converts on a one-for-one basis. The RSUs and allocable dividend equivalents vested one-third on November 20, 2023, with the remaining balance vesting quarterly thereafter.

How many derivative securities remained after the QUALCOMM (QCOM) RSU conversion?

After the reported conversion of 1,150.2582 Restricted Stock Units into common stock, the number of derivative securities beneficially owned was reported as 0.

How is the QUALCOMM (QCOM) stock held by the reporting person structured?

The shares are held by a family trust for which the reporting person and his spouse are trustees, and members of the reporting person's immediate family are the sole beneficiaries.