Qualcomm (QCOM) CEO Amon details stock unit vesting and trust share moves

Rhea-AI Filing Summary

Qualcomm President & CEO and director Cristiano R. Amon reported multiple insider stock transactions dated December 15, 2025, all held indirectly through a family trust. The trust acquired 32,932 and 37,271 shares of Qualcomm common stock at $0.0 per share from vested performance stock units, and a further 24,385 and 19,998 shares at $0.0 per share from restricted stock units converting into stock.

The table also shows dispositions of 34,807 and 20,984 shares at a transaction price of $179.26 per share. After these transactions, the family trust beneficially owned 217,483 Qualcomm shares for Amon and his immediate family, who are the sole beneficiaries. The filing explains that each restricted stock unit equals one Qualcomm share, that certain units vested in equal one‑third amounts on December 15, 2023, 2024 and 2025, and that another grant fully vested upon reaching Normal Retirement Age on March 28, 2024, with shares issued in three equal annual installments on December 15, 2024, 2025 and 2026.

Insider Trade Summary

44,383.584 shares exercised/converted

Mixed 8 txns

Insider AMON CRISTIANO R

Role President & CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	24,385.427	$0.00	--
Exercise	Restricted Stock Unit	19,998.156	$0.00	--
Grant/Award	Common Stock	32,932	$0.00	--
Grant/Award	Common Stock	37,271	$0.00	--
Tax Withholding	Common Stock	34,807	$179.26	$6.24M
Exercise	Common Stock	24,385	$0.00	--
Exercise	Common Stock	19,998	$0.00	--
Tax Withholding	Common Stock	20,984	$179.26	$3.76M

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 191,620 shares (Indirect, by Trust)

Footnotes (1)

1. These shares represent Performance Stock Units that vested on December 15, 2025. On December 8, 2025, the HR and Compensation Committee determined and certified the number of shares to be paid. Shares held by the reporting person's family trust, for which the reporting person and his spouse are trustees. The reporting person and members of his immediate family are the sole beneficiaries of the trust. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis. These Restricted Stock Units (and allocable dividend equivalents) vested in equal one-third amounts on December 15, 2023, 2024 and 2025. Because the recipient has met the other conditions for Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement), these Restricted Stock Units became fully vested upon the recipient's attainment of Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement) on March 28, 2024. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on December 15, 2024, 2025 and 2026.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

AMON CRISTIANO R

(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
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		A		32,932(1)	A	$0.0	191,620	I	by Trust(2)
Common Stock	12/15/2025		A		37,271(1)	A	$0.0	228,891	I	by Trust(2)
Common Stock	12/15/2025		F		34,807	D	$179.26	194,084	I	by Trust(2)
Common Stock	12/15/2025		M		24,385	A	$0.0	218,469	I	by Trust(2)
Common Stock	12/15/2025		M		19,998	A	$0.0	238,467	I	by Trust(2)
Common Stock	12/15/2025		F		20,984	D	$179.26	217,483	I	by Trust(2)

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	(3)	12/15/2025		M			24,385.4273	(4)	12/15/2025(4)	Common Stock	24,385.4273	$0.0	0	D
Restricted Stock Unit	(3)	12/15/2025		M			19,998.1562	(5)	12/15/2026(5)	Common Stock	19,998.1562	$0.0	19,999.1972	D

Explanation of Responses:

1. These shares represent Performance Stock Units that vested on December 15, 2025. On December 8, 2025, the HR and Compensation Committee determined and certified the number of shares to be paid.

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

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

4. These Restricted Stock Units (and allocable dividend equivalents) vested in equal one-third amounts on December 15, 2023, 2024 and 2025.

5. Because the recipient has met the other conditions for Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement), these Restricted Stock Units became fully vested upon the recipient's attainment of Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement) on March 28, 2024. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on December 15, 2024, 2025 and 2026.

	By: Jon Russo, Attorney-in-Fact For: Cristiano R. Amon	12/16/2025
	** 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 stock transactions did Qualcomm (QCOM) CEO Cristiano Amon report for December 15, 2025?

On December 15, 2025, Cristiano Amon reported indirect transactions through a family trust. The trust acquired 32,932 and 37,271 shares of Qualcomm common stock from vested performance stock units at $0.0 per share, plus 24,385 and 19,998 shares from restricted stock units converting into stock at $0.0 per share. The table also shows dispositions of 34,807 and 20,984 shares at a transaction price of $179.26 per share.

How many Qualcomm (QCOM) shares did Cristiano Amon's family trust hold after these transactions?

Following the reported December 15, 2025 transactions, Cristiano Amon's family trust beneficially owned 217,483 shares of Qualcomm common stock, reported as indirect ownership.

What performance stock units were involved in Cristiano Amon's Qualcomm (QCOM) filing?

The filing notes that 32,932 and 37,271 shares represent performance stock units that vested on December 15, 2025. On December 8, 2025, the HR and Compensation Committee determined and certified the number of shares to be paid under these performance awards.

How do Cristiano Amon's Qualcomm (QCOM) restricted stock units convert into common stock?

Each restricted stock unit is described as the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis into common shares. One set of restricted stock units, including dividend equivalents, vested in equal one‑third amounts on December 15, 2023, 2024 and 2025, while another set became fully vested upon attainment of Normal Retirement Age on March 28, 2024, with shares issued in three equal annual installments on December 15, 2024, 2025 and 2026.

Who benefits from the Qualcomm (QCOM) shares held in Cristiano Amon's family trust?

The shares are held by Cristiano Amon's family trust, for which he and his spouse serve as trustees. The filing states that Amon and members of his immediate family are the sole beneficiaries of this trust.

Is Cristiano Amon's ownership in Qualcomm (QCOM) reported as direct or indirect?

The reported Qualcomm common stock holdings related to these transactions are shown as indirect ownership, held "by Trust," reflecting Amon's family trust rather than direct personal ownership.