Qualcomm's Heather S. Ace converts 5,178 stock units

The units convert one-for-one into Qualcomm common stock and vest in equal one-third amounts on three dates through October 15, 2027.

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Rhea-AI Filing Summary

Qualcomm EVP, Chief HR Officer Heather S. Ace reported an exercise/conversion of 5,178 Restricted Stock Units on October 15, 2026; 5,179 units remained after the transaction. Her family trust acquired 5,177 Qualcomm common shares, and 1,790 trust shares were delivered or withheld for payment of exercise price or tax liability.

Insider Trade Summary

5,177.6193 shares exercised/converted

Exercise 3 txns

Insider ACE HEATHER S

Role EVP, Chief HR Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit ^{F2, F3}	5,177.6193	$0.00	$0.00
Exercise	Common Stock ^F1	5,177	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock ^F1	1,790	$178.40	$319K

Holdings After Transaction: Restricted Stock Unit — 5,178.6631 contracts (Direct); Common Stock — 39,922 shares (Indirect, by Trust)

Footnotes (3)

F1. 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.
F2. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F3. These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on October 15, 2025, 2026 and 2027.

Key Figures

Restricted Stock Units exercised or converted: 5,178 units Restricted Stock Units following transaction: 5,179 units Common shares acquired by family trust: 5,177 shares +2 more

5 metrics

Restricted Stock Units exercised or converted 5,178 units October 15, 2026 transaction

Restricted Stock Units following transaction 5,179 units Reported after the October 15, 2026 transaction

Common shares acquired by family trust 5,177 shares October 15, 2026

Trust shares delivered or withheld 1,790 shares For payment of exercise price or tax liability on October 15, 2026

Reported per-share price $178.40 per share Reported for the 1,790 trust shares delivered or withheld

Key Terms

Restricted Stock Unit, allocable dividend equivalents, one-for-one basis

3 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit is the economic equivalent"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

allocable dividend equivalents financial

"These Restricted Stock Units (and allocable dividend equivalents) vest"

one-for-one basis financial

"converts on a one-for-one basis"

FAQ

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What transactions did QCOM's chief HR officer report?

Heather S. Ace, EVP, Chief HR Officer, reported an exercise/conversion of 5,178 Restricted Stock Units on October 15, 2026. Her family trust acquired 5,177 common shares, and 1,790 trust shares were delivered or withheld for payment of exercise price or tax liability, at a reported price of $178.40 per share.

What is the vesting schedule for QCOM's Restricted Stock Units?

The Restricted Stock Units and allocable dividend equivalents vest in equal one-third amounts on October 15, 2025, October 15, 2026, and October 15, 2027. Each unit is the economic equivalent of one Qualcomm common share and converts on a one-for-one basis.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/16/2026 - 04:48 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:47 PM EDT

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^*

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)
10/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/15/2026		M		5,177	A	$0.0	41,712	I	by Trust⁽¹⁾
Common Stock	10/15/2026		F		1,790	D	$178.4	39,922	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽²⁾	10/15/2026		M			5,177.6193	⁽³⁾	10/15/2027⁽³⁾	Common Stock	5,177.6193	$0.0	5,178.6631	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. These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on October 15, 2025, 2026 and 2027.

	By: Jon Russo, Attorney-in-Fact For: Heather S. Ace	10/16/2026
	** 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)

Source: View Original Filing on SEC EDGAR