Qualcomm (NASDAQ: QCOM) director settles deferred stock units, disposes shares

Rhea-AI Filing Summary

QUALCOMM director Jeffrey William Henderson reported transactions tied to his annual deferred stock unit award. He exercised 2,355.1987 Deferred Stock Units, which were granted on March 8, 2023, converting them into 2,355 shares of Qualcomm common stock at a stated price of $0.00 per share.

Following this settlement, he disposed of 759 shares of Qualcomm common stock back to the company at $135.69 per share, leaving him with 12,035.6901 common shares directly owned. The deferred stock units were fully vested on the grant date and are settled in line with the award’s terms.

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

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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^*

Henderson Jeffrey William

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

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	03/08/2026		M(1)		2,355	A	$0.0	12,794.6901	D
Common Stock	03/08/2026		D		759	D	$135.69	12,035.6901	D

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
Deferred Stock Unit	(2)	03/08/2026		M			2,355.1987	(3)	(3)	Common Stock	2,355.1987	$0.0	1,683.1728	D

Explanation of Responses:

1. Represents the settlement of Annual Deferred Stock Units granted to the recipient on March 8, 2023.

2. Each Deferred Stock Unit represents a right to receive one share of the Company's common stock.

3. Deferred Stock Units are 100% vested on the grant date. The units will be settled in shares of the Company's common stock (and partially in cash if election is made within 60 days of the date of grant) in accordance with the grant agreement on the earlier of (1) third anniversary of the date of grant, (2) death, (3) disability, or (4) a change in control.

	By: Jon Russo, Attorney-in-Fact For: Jeffrey W. Henderson	03/09/2026
	** 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.
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FAQ

What insider transactions did Qualcomm (QCOM) director Jeffrey Henderson report?

Jeffrey Henderson reported exercising deferred stock units and disposing shares. He converted 2,355.1987 Deferred Stock Units into 2,355 Qualcomm common shares, then disposed of 759 common shares back to Qualcomm at $135.69 per share, according to the Form 4.

What are Qualcomm (QCOM) Deferred Stock Units held by Jeffrey Henderson?

Each Deferred Stock Unit represents a right to receive one Qualcomm common share. The units were 100% vested on the grant date and are settled in shares, or partly in cash if elected within 60 days, under the grant agreement’s terms.

When were Jeffrey Henderson’s Qualcomm (QCOM) Deferred Stock Units originally granted?

The reported Deferred Stock Units were granted on March 8, 2023. These Annual Deferred Stock Units fully vested on that grant date and are settled according to the award agreement upon the earlier of the third anniversary, death, disability, or a change in control.

How many Qualcomm (QCOM) shares does Jeffrey Henderson own after these Form 4 transactions?

After the reported transactions, Jeffrey Henderson directly owns 12,035.6901 Qualcomm common shares. This reflects the conversion of 2,355 Deferred Stock Units into common stock and the disposition of 759 shares back to Qualcomm on the same transaction date.

At what price were Jeffrey Henderson’s disposed Qualcomm (QCOM) shares transacted?

The 759 Qualcomm common shares were disposed at $135.69 per share. The Form 4 describes this as a disposition of common stock to the issuer, with the per-share transaction price explicitly stated as $135.6900.