Cristiano Amon reports three QCOM stock disposals with price ranges listed
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
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 82,429 | $165.1613 | $13.61M |
| Sale | Common Stock | 57,684 | $165.9587 | $9.57M |
| Sale | Common Stock | 9,887 | $166.5561 | $1.65M |
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 9, 2025. 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. 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. 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. 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. 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).