QUALCOMM (QCOM) EVP’s family trust sells 3,200 shares under 10b5-1 plan

Rhea-AI Filing Summary

QUALCOMM INC/DE executive Heather S. Ace reported an open-market sale of company stock by her family trust. On this transaction date, the trust sold 3,200 shares of QUALCOMM common stock at an average price of $177.82 per share in an indirect transaction.

The shares are held in a family trust for which Ace and her spouse serve as trustees, with immediate family members as beneficiaries. After the sale, the trust continued to hold 39,735 shares of QUALCOMM common stock. The sale was executed under a pre-arranged Rule 10b5-1 trading plan, indicating it was scheduled in advance.

Insights

Equity compensation and insider-trading analyst

Planned, modest insider sale via family trust under 10b5-1 plan.

QUALCOMM EVP and Chief HR Officer Heather S. Ace reported an indirect open-market sale of 3,200 common shares at $177.82 per share. The transaction was executed by a family trust where she and her spouse act as trustees.

The filing shows 39,735 shares remaining in the trust after the sale, so the trust retains a substantial position. A footnote states the sale occurred under a pre-arranged Rule 10b5-1 trading plan, suggesting routine portfolio management rather than discretionary timing.

Because the transaction is relatively small compared with the trust’s remaining holdings and follows a trading plan, its informational value for investors appears limited. Future company filings may provide additional context on any subsequent transactions under the same plan.

Insider Trade Summary 10b5-1

Net Seller: 3,200 shares ($569,024)

Net Sell 1 txn

Insider ACE HEATHER S

Role EVP, Chief HR Officer

Sold 3,200 shs ($569K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,200	$177.82	$569K

Holdings After Transaction: Common Stock — 39,735 shares (Indirect, by Trust)

Footnotes (1)

1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2025. 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.

Key Figures

Shares sold: 3,200 shares Sale price: $177.82 per share Shares remaining: 39,735 shares

3 metrics

Shares sold 3,200 shares Open-market sale by family trust on reported transaction date

Sale price $177.82 per share Average price for QUALCOMM common stock sold

Shares remaining 39,735 shares QUALCOMM common stock held by family trust after sale

Key Terms

Rule 10b5-1 trading plan, open-market sale, family trust, indirect ownership

4 terms

Rule 10b5-1 trading plan regulatory

"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

family trust financial

"Shares held by the reporting person's family trust, for which the reporting person"

indirect ownership financial

""direct_or_indirect": "I", "nature_of_ownership": "by Trust""

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).

X

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^*

ACE HEATHER S

(Last) (First) (Middle)

5775 MOREHOUSE DR.

(Street)

SAN DIEGO CALIFORNIA 92121-1714

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP, Chief HR Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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

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

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

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	05/04/2026		S(1)		3,200	D	$177.82	39,735	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

Explanation of Responses:

1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2025.

2. 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.

	By: Jon Russo, Attorney-in-Fact For: Heather S. Ace	05/04/2026
	** 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.
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did QUALCOMM (QCOM) report for Heather S. Ace?

QUALCOMM reported that a family trust associated with EVP and Chief HR Officer Heather S. Ace sold 3,200 shares of common stock. The indirect sale was executed in the open market at an average price of $177.82 per share, according to the Form 4 filing.

How many QUALCOMM (QCOM) shares does the family trust hold after the reported sale?

After selling 3,200 QUALCOMM shares, the family trust associated with Heather S. Ace held 39,735 shares of common stock. These shares are owned indirectly through the trust, for which Ace and her spouse serve as trustees with immediate family members as beneficiaries.

Was the QUALCOMM (QCOM) insider sale by Heather S. Ace pre-planned?

Yes. A footnote explains that the sale by the family trust associated with Heather S. Ace was made under a Rule 10b5-1 trading plan. Such plans are established in advance, indicating the transaction was scheduled rather than timed in response to short-term market events.

What price did the Heather S. Ace family trust receive for QUALCOMM (QCOM) shares?

The family trust associated with Heather S. Ace sold 3,200 QUALCOMM common shares at an average price of $177.82 per share. This price reflects the consideration received in the open-market transaction described in the Form 4 insider trading report filed with regulators.

Is the QUALCOMM (QCOM) sale by Heather S. Ace a direct or indirect holding change?

The transaction involved an indirect holding. Shares were sold by a family trust where Heather S. Ace and her spouse are trustees. The Form 4 classifies ownership as indirect, with immediate family members designated as the trust’s beneficiaries rather than direct personal ownership.