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Qualcomm HR chief Heather S. Ace converts stock awards

The EVP, Chief HR Officer's direct RSU balance after the transaction was 10,269.3709 units, alongside separate family-trust share activity.

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Form Type
4

Rhea-AI Filing Summary

Qualcomm (QCOM) EVP, Chief HR Officer Heather S. Ace reported the exercise or conversion of 5,134.1749 restricted stock units on October 31, 2026. Each unit is the economic equivalent of one common share and converts one-for-one; her direct RSU holdings afterward were 10,269.3709 units. Separately, her family trust acquired 5,134 common shares, and 2,477 trust-held shares were delivered or withheld for payment of exercise price or tax liability, reported at $164.79 per share.

Insider ACE HEATHER S
Role EVP, Chief HR Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit F2, F3 5,134.1749 $0.00 $0.00
Exercise Common Stock F1 5,134 $0.00 $0.00
Exercise Price or Tax Liability Common Stock F1 2,477 $164.79 $408K
Holdings After Transaction: Restricted Stock Unit — 10,269.3709 contracts (Direct); Common Stock — 42,579 shares (Indirect, by Trust)
Holdings Before and After: Restricted Stock Unit, 15,403.5458 to 10,269.3709 contracts (Direct); Common Stock, 39,922 to 42,579 shares (Indirect, by Trust)
Footnotes (3)
  1. 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.
  2. F2. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
  3. F3. These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on October 31, 2026, 2027 and 2028.
Restricted stock units exercised or converted 5,134.1749 restricted stock units October 31, 2026
Direct RSU holdings after transaction 10,269.3709 units Reported following the October 31, 2026 transaction
Common shares acquired by family trust 5,134 shares October 31, 2026
Shares delivered or withheld for payment 2,477 shares Family trust transaction on October 31, 2026
Reported price per share $164.79 per share Shares delivered or withheld on October 31, 2026
RSU vesting allocation Equal one-third amounts October 31, 2026, 2027 and 2028
Restricted Stock Unit financial
"Each Restricted Stock Unit is the economic equivalent of one share"
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
"Restricted Stock Units (and allocable dividend equivalents) vest"
one-for-one basis technical
"converts on a one-for-one basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many QCOM restricted stock units did Heather S. Ace convert?

Heather S. Ace reported converting 5,134.1749 restricted stock units on October 31, 2026. Each unit is the economic equivalent of one Qualcomm common share and converts on a one-for-one basis; her direct RSU position afterward was 10,269.3709 units.

How many QCOM shares were delivered or withheld for payment from Heather S. Ace's family trust?

2,477 shares held by Heather S. Ace's family trust were delivered or withheld for payment of exercise price or tax liability, reported at $164.79 per share on October 31, 2026.

Who holds the QCOM shares reported for Heather S. Ace?

The shares were held by Heather S. Ace's family trust, for which she and her spouse are trustees; members of her immediate family are the trust's sole beneficiaries.

How do Heather S. Ace's QCOM restricted stock units vest?

The restricted stock units and allocable dividend equivalents vest in equal one-third amounts on October 31, 2026, 2027 and 2028.

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

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SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief HR Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/31/2026M5,134A$0.045,056Iby Trust(1)
Common Stock10/31/2026F2,477D$164.7942,579Iby 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(2)10/31/2026M5,134.1749 (3)10/31/2028(3)Common Stock5,134.1749$0.010,269.3709D
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 31, 2026, 2027 and 2028.
By: Jon Russo, Attorney-in-Fact For: Heather S. Ace11/02/2026
** Signature of Reporting PersonDate
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)

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