Qualcomm (NASDAQ: QCOM) executive details stock awards and share disposals

Rhea-AI Filing Summary

QUALCOMM executive Heather S. Ace, EVP and Chief HR Officer, reported multiple insider equity transactions dated December 15, 2025. She acquired 5,351 and 6,056 shares of common stock at $0.0 per share in connection with vested performance stock units, and disposed of 5,656 and 3,934 shares at $179.26 per share.

After these transactions she held 26,542 Qualcomm common shares directly and 19,593 shares indirectly through a family trust. In addition, 3,963.1127 restricted stock units were fully settled into common stock on December 15, 2025, leaving 4,250.0766 restricted stock units outstanding, each economically equivalent to one share of Qualcomm common stock.

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

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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 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)
	EVP, Chief HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		A		5,351(1)	A	$0.0	21,863	D
Common Stock	12/15/2025		A		6,056(1)	A	$0.0	27,919	D
Common Stock	12/15/2025		F		5,656	D	$179.26	22,263	D
Common Stock	12/15/2025		M		3,963	A	$0.0	26,226	D
Common Stock	12/15/2025		M		4,250	A	$0.0	30,476	D
Common Stock	12/15/2025		F		3,934	D	$179.26	26,542	D
Common Stock								19,593	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)	12/15/2025		M			3,963.1127	(4)	12/15/2025(4)	Common Stock	3,963.1127	$0.0	0	D
Restricted Stock Unit	(3)	12/15/2025		M			4,250.0766	(5)	12/15/2026(5)	Common Stock	4,250.0766	$0.0	4,250.0766	D

Explanation of Responses:

1. These shares represent Performance Stock Units that vested on December 15, 2025. On December 8, 2025, the HR and Compensation Committee determined and certified the number of shares to be paid.

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. These Restricted Stock Units (and allocable dividend equivalents) vested in equal one-third amounts on December 15, 2023, 2024 and 2025.

5. These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on December 15, 2024, 2025 and 2026.

	By: Jon Russo, Attorney-in-Fact For: Heather S. Ace	12/16/2025
	** 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.
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FAQ

What insider transaction did QUALCOMM (QCOM) report for Heather S. Ace?

QUALCOMM reported that EVP and Chief HR Officer Heather S. Ace completed several equity transactions on December 15, 2025, including acquisitions and disposals of common stock tied to vested performance stock units and restricted stock units.

How many QUALCOMM shares did Heather S. Ace acquire and dispose of on December 15, 2025?

On December 15, 2025, she acquired 5,351 and 6,056 shares of QUALCOMM common stock at $0.0 per share and disposed of 5,656 and 3,934 shares at $179.26 per share.

What is Heather S. Ace’s QUALCOMM stock ownership after these transactions?

Following the reported transactions, Heather S. Ace beneficially owned 26,542 QUALCOMM common shares directly and 19,593 shares indirectly through a family trust.

How many restricted stock units related to QUALCOMM stock does Heather S. Ace hold after the filing?

After 3,963.1127 restricted stock units were settled into common stock, Heather S. Ace held 4,250.0766 restricted stock units, each economically equivalent to one share of QUALCOMM common stock.

What are the performance stock units mentioned in the QUALCOMM (QCOM) Form 4 filing?

The filing states that 5,351 and 6,056 shares of QUALCOMM common stock represent performance stock units that vested on December 15, 2025, with the number of shares determined and certified by the HR and Compensation Committee on December 8, 2025.

How is the family trust related to Heather S. Ace’s QUALCOMM share ownership?

The filing explains that 19,593 QUALCOMM shares are held by a family trust for which Heather S. Ace and her spouse are trustees, and members of her immediate family are the sole beneficiaries.