Qualcomm insider Grech sells stock under 10b5-1, awarded 1,881 RSUs

Rhea-AI Filing Summary

Qualcomm insider filing summary: Patricia Y. Grech, Senior Vice President & Chief Accounting Officer, reported transactions in Qualcomm (QCOM) securities. On 09/22/2025 she sold 201 shares of common stock at $170 per share under a Rule 10b5-1 trading plan adopted December 10, 2024. After that sale she (indirectly) beneficially owned 203 shares held in a family trust. Separately, on 09/20/2025 Ms. Grech was allocated 1,352 restricted stock units that vest quarterly through 11/20/2027 and 529 restricted stock units that vest quarterly through 11/20/2028; each RSU converts one-for-one into common stock. The 10b5-1 plan was adopted prior to her appointment as Chief Accounting Officer.

Positive

• Use of Rule 10b5-1 plan adopted prior to appointment supports compliance with insider trading policies
• RSU awards totaling 1,881 units align executive compensation with long-term shareholder value via multi-year vesting schedules

Negative

• Open-market sale of 201 shares reduces the reporting person's direct economic exposure, though the amount is small
• Indirect beneficial ownership is limited (203 shares held in family trust), indicating minimal insider stake

Insights

Financial Analyst

TL;DR: Transactions are routine compensation and a planned sale under a 10b5-1 plan; not likely material to QCOM valuation.

The filing shows a small open-market sale of 201 shares at $170 executed under a pre-existing Rule 10b5-1 plan and the receipt/award of 1,881 restricted stock units in two grants that vest quarterly through late 2027 and 2028. The sale appears pre-planned and the RSU awards reflect standard executive compensation alignment with shareholder interests. The reported indirect ownership (203 shares in a family trust) is minimal relative to a large-cap issuer and does not indicate a meaningful change in ownership stake.

Corporate Governance Expert

TL;DR: Governance practices appear standard: use of 10b5-1 trading plan and time-based RSU vesting schedules.

The filing discloses a Rule 10b5-1 trading plan adoption date and confirms the plan was adopted before the officer role began, which supports procedural compliance. Time-based vesting schedules for the RSUs are explicit (quarterly through 11/20/2027 and 11/20/2028) and dividend equivalents are allocable, indicating conventional long-term retention mechanisms. No unusual transfers, loans, or related-party transactions are disclosed.

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^*

Grech Patricia Y

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & CAO

3. Date of Earliest Transaction (Month/Day/Year)
09/20/2025

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	09/22/2025		S(1)		201	D	$170	203	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
Restricted Stock Unit	(3)	09/20/2025		A		1,352		(4)	11/20/2027(4)	Common Stock	1,352	$0.0	4,149.0818	D
Restricted Stock Unit	(3)	09/20/2025		A		529		(5)	11/20/2028(5)	Common Stock	529	$0.0	529	D

Explanation of Responses:

1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2024. The plan was adopted prior to the reporting person's appointment as Chief Accounting Officer on August 25, 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.

3. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.

4. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2026 and ending on November 20, 2027.

5. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2026 and ending on November 20, 2028.

	By: Jon Russo, Attorney-in-Fact For: Patricia Y. Grech	09/22/2025
	** 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 Patricia Y. Grech report on Form 4 for QCOM?

She reported a sale of 201 shares at $170 on 09/22/2025 under a Rule 10b5-1 plan and the acquisition/award of 1,352 and 529 restricted stock units on 09/20/2025.

Were the transactions part of a 10b5-1 plan?

Yes. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2024.

How many RSUs were awarded and when do they vest?

A total of 1,352 RSUs vesting quarterly through 11/20/2027 and 529 RSUs vesting quarterly through 11/20/2028.

What is the reporting person’s remaining beneficial ownership?

After the reported sale, the filing shows 203 shares beneficially owned indirectly by a family trust.

Was the 10b5-1 plan adopted before the officer appointment?

Yes. The plan was adopted on December 10, 2024, prior to her appointment as Chief Accounting Officer on August 25, 2025 (as stated in the filing).