Qualcomm (QCOM) CAO Patricia Grech sells 829 shares via trust under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUALCOMM SVP and Chief Accounting Officer Patricia Grech reported a set of routine equity transactions involving company stock and restricted stock units. A family trust associated with her sold 829 shares of Qualcomm common stock on May 21, 2026 at an average price of $201.77 per share under an open-market sale.
The filing shows that on May 20, 2026, the trust also had 440 shares disposed of at $202.51 per share to cover tax obligations, and multiple derivative exercises converted restricted stock units into common shares. These actions were made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025, and remaining direct holdings include 851.8872 restricted stock units that each convert into one share of common stock as they vest over quarterly schedules through November 20, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 829 shares ($167,267)
Net Sell
12 txns
Insider
Grech Patricia Y
Role
SVP, Chief Accounting Officer
Sold
829 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 829 | $201.77 | $167K |
| Exercise | Restricted Stock Unit | 424.889 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 316.499 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 171.022 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 44.526 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 314.72 | $0.00 | -- |
| Exercise | Common Stock | 424 | $0.00 | -- |
| Exercise | Common Stock | 316 | $0.00 | -- |
| Exercise | Common Stock | 44 | $0.00 | -- |
| Exercise | Common Stock | 171 | $0.00 | -- |
| Exercise | Common Stock | 314 | $0.00 | -- |
| Tax Withholding | Common Stock | 440 | $202.51 | $89K |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, by Trust);
Restricted Stock Unit — 851.887 shares (Direct, null)
Footnotes (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. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on December 11, 2025. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2024 and ending on November 20, 2026. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2025 and ending on November 20, 2027. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2026 and ending on November 20, 2027. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2026 and ending on November 20, 2028.
Key Figures
Open-market sale: 829 shares at $201.77
Tax-withholding shares: 440 shares at $202.51
Derivative exercises: 1,271.6564 shares
+4 more
7 metrics
Open-market sale
829 shares at $201.77
Family trust sale on May 21, 2026
Tax-withholding shares
440 shares at $202.51
Tax-withholding disposition on May 20, 2026
Derivative exercises
1,271.6564 shares
Total shares from RSU exercises reported
Net shares sold
829 shares
Net buy/sell direction reported as net-sell
Remaining RSUs
851.8872 units
Direct RSU holdings after transactions
10b5-1 plan adoption date
December 11, 2025
Plan governing the reported sale
RSU vesting end date
November 20, 2028
Latest vesting date noted in footnotes
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Unit, tax-withholding disposition, family trust, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on December 11, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Unit financial
"Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis."
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
family trust financial
"Shares held by the reporting person's family trust, for which the reporting person and her spouse are trustees."
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
FAQ
What insider transactions did QCOM executive Patricia Grech report in this Form 4?
Patricia Grech reported an open-market sale of 829 Qualcomm common shares, tax-related disposition of 440 shares, and several derivative exercises converting restricted stock units into common stock, reflecting routine vesting and liquidity activity rather than a standalone large discretionary trade.
Were Patricia Grech’s QCOM stock sales made under a Rule 10b5-1 plan?
Yes. A footnote states the reported transaction was made pursuant to a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans pre-schedule trades, making the timing more routine and less indicative of short-term views on Qualcomm’s share price.
What restricted stock unit (RSU) position does Patricia Grech still hold in QCOM?
After the reported RSU conversions, Grech retains 851.8872 restricted stock units directly. Each RSU is economically equivalent to one share of Qualcomm common stock and converts on a one-for-one basis as quarterly vesting continues through various dates ending November 20, 2028.
How were taxes handled on Patricia Grech’s recent Qualcomm equity vesting?
The Form 4 includes a tax-withholding disposition of 440 Qualcomm shares at $202.51 per share. This indicates shares were delivered to satisfy tax liabilities arising from restricted stock unit vesting, a common administrative mechanism rather than an open-market sale decision.