[Form 4] QUALCOMM INC/DE Insider Trading Activity

Rhea-AI Filing Summary

Cristiano R. Amon, President & CEO and director of QUALCOMM INC/DE (QCOM), reported multiple open-market sales of company common stock on 10/01/2025 pursuant to a Rule 10b5-1 trading plan adopted on June 9, 2025. The Form 4 discloses three separate disposals: 82,429 shares sold at prices ranging from $164.50230 to $165.50150, 57,684 shares sold at prices ranging from $165.50380 to $166.50000, and 9,887 shares sold at prices ranging from $166.50730 to $166.68000. Post-transaction beneficial ownership figures are reported as 216,875, 159,191, and 149,304 shares for the respective lines; the filings note that certain shares are held in a family trust for which Mr. Amon and his spouse are trustees and that 188 shares were acquired via the company ESPP in 2025.

Positive

• Transactions executed under a Rule 10b5-1 plan adopted on June 9, 2025, indicating pre-established sale instructions
• Post-transaction beneficial ownership disclosed on each reported line, including indirect trust holdings

Negative

• Multiple open-market disposals reported on 10/01/2025 (82,429; 57,684; 9,887 shares), indicating insider selling activity
• Sale price variability across three tranches (ranges from $164.50230 to $166.68000) which may complicate simple price interpretation

Insights

Corporate Governance Analyst

Insider sales executed under a pre-established 10b5-1 plan; ownership remains materially disclosed.

The filer, Cristiano R. Amon, who serves as President & CEO and director, executed multiple share disposals on 10/01/2025 under a Rule 10b5-1 plan adopted on June 9, 2025. Using a trading plan provides the reporting person an affirmative defense under exchange rules when the plan meets the stated conditions.

The Form 4 lists three sales with explicit per‑share price ranges and shows remaining beneficial ownership on each reported line. The filing also discloses that some shares are held in a family trust for which Mr. Amon and his spouse are trustees, clarifying the indirect ownership form. The document includes a note that 188 shares were acquired via the ESPP in 2025, which is part of the disclosed beneficial ownership totals.

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^*

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)
10/01/2025

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	10/01/2025		S(1)		82,429	D	$165.1613(2)	216,875	I	by Trust(3)
Common Stock	10/01/2025		S(1)		57,684	D	$165.9587(4)	159,191	I	by Trust(3)
Common Stock	10/01/2025		S(1)		9,887	D	$166.5561(5)	149,304(6)	I	by Trust(3)

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 June 9, 2025.

2. The sale prices for this transaction ranged from $164.50230 to $165.50150. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

3. 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.

4. The sale prices for this transaction ranged from $165.50380 to $166.50000. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

5. The sale prices for this transaction ranged from $166.50730 to $166.68000. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

6. Includes 188 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2025 and July 31, 2025 (94 shares for each purchase date).

	By: Jon Russo, Attorney-in-Fact For: Cristiano R. Amon	10/02/2025
	** 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 Cristiano R. Amon report on Form 4 for QCOM?

The Form 4 reports three disposals on 10/01/2025 of 82,429, 57,684, and 9,887 shares executed under a 10b5-1 plan.

When was the 10b5-1 trading plan adopted for the reported sales (QCOM)?

The filing states the trading plan was adopted on June 9, 2025.

What price ranges were the QCOM shares sold at in these transactions?

The reported sale price ranges are $164.50230–$165.50150, $165.50380–$166.50000, and $166.50730–$166.68000 for the three tranches.

How is Mr. Amon's ownership held according to the filing?

Some shares are held indirectly by a family trust for which Mr. Amon and his spouse are trustees; remaining beneficial ownership figures are reported on each line.

Does the Form 4 disclose any company ESPP purchases?

Yes, the filing notes 188 shares were acquired under the company Employee Stock Purchase Plan on January 31, 2025 and July 31, 2025 (94 shares each).