QCOM CTO Form 4: 2,387 shares withheld at $162.97 for taxes

Rhea-AI Filing Summary

Qualcomm (QCOM) Chief Technology Officer Baaziz Achour reported insider transactions on 10/15/2025. Restricted Stock Units converted into common stock in several lots, including 2,860 shares and 2,192 shares (plus smaller tranches of 383 and 338 shares). To cover taxes, shares were withheld at $162.97, including 2,387 shares (and the 383 and 338 share tranches).

Following these transactions, indirect holdings stood at 86,460 shares held by a family trust for which the reporting person and spouse serve as trustees.

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^*

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)
10/15/2025

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	10/15/2025		M		2,860	A	$0.0	86,655	I	by Trust(1)
Common Stock	10/15/2025		M		2,192	A	$0.0	88,847	I	by Trust(1)
Common Stock	10/15/2025		F		2,387	D	$162.97	86,460	I	by Trust(1)
Common Stock	10/15/2025		M		383(2)	A	$0.0	86,843	I	by Trust(1)
Common Stock	10/15/2025		F		383(2)	D	$162.97	86,460	I	by Trust(1)
Common Stock	10/15/2025		M		338(3)	A	$0.0	86,798	I	by Trust(1)
Common Stock	10/15/2025		F		338(3)	D	$162.97	86,460	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	(4)	10/15/2025		M			2,860.8137	(5)	10/15/2027(5)	Common Stock	2,860.8137	$0.0	14,466.5938	D
Restricted Stock Unit	(4)	10/15/2025		M			2,192.2459	(6)	10/15/2027(6)	Common Stock	2,192.2459	$0.0	12,274.3479	D
Restricted Stock Unit	(4)	10/15/2025		M			383.2815	(5)	10/15/2027(5)	Common Stock	383.2815	$0.0	11,891.0664	D
Restricted Stock Unit	(4)	10/15/2025		M			338.4413	(6)	10/15/2027(6)	Common Stock	338.4413	$0.0	11,552.6251	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. Pursuant to the terms of the Executive Restricted Stock Unit Agreements governing the applicable awards, the Restricted Stock Units granted to the reporting person in October 2024 became fully vested upon the reporting person's attainment of Normal Retirement Age (as defined in such agreements). These shares represent shares withheld to cover the tax liability associated with the vesting of such Restricted Stock Units.

3. Pursuant to the terms of the Executive Restricted Stock Unit Agreements governing the applicable awards, the Restricted Stock Units granted to the reporting person in December 2024 became fully vested upon the reporting person's attainment of Normal Retirement Age (as defined in such agreements). These shares represent shares withheld to cover the tax liability associated with the vesting of such Restricted Stock Units.

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

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 will be fully vested on the date that is three months after the grant date. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on October 15, 2025, 2026 and 2027.

6. 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 will be fully vested on the date that is three months after the grant date. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on October 15, 2025, 2026 and 2027.

	By: Jon Russo, Attorney-in-Fact For: Baaziz Achour	10/16/2025
	** 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 did QCOM disclose in this Form 4?

Insider transactions by the CTO, including RSU conversions to common stock and share withholding for taxes on 10/15/2025.

Who is the reporting person in QCOM’s Form 4?

Baaziz Achour, Chief Technology Officer of Qualcomm.

How many QCOM shares were acquired via RSU conversion?

Common stock from RSU conversion included 2,860 and 2,192 shares, plus 383 and 338 share tranches.

How many QCOM shares were withheld for taxes and at what price?

Shares withheld included 2,387, 383, and 338 at a price of $162.97.

What is the CTO’s QCOM shareholding after these transactions?

86,460 shares, held indirectly by a family trust.

What do the transaction codes mean (M and F)?

M indicates RSU conversion to common stock; F indicates shares withheld to pay taxes.

How are the shares held after the transactions?

Indirectly, by family trust, with the reporting person and spouse as trustees.