Qualcomm CTO Baaziz Achour converts stock units
The award terms schedule conversion and share issuance in three equal annual installments on October 15, 2025, October 15, 2026, and October 15, 2027.
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Rhea-AI Filing Summary
Qualcomm (QCOM) EVP, Chief Technology Officer Baaziz Achour reported conversion of 3,314.3026 and 2,584.6411 restricted stock units on October 15, 2026. On that date, 3,314 and 2,584 common shares were acquired by his family trust, and 1,955 trust-held shares were delivered or withheld for payment of exercise price or tax liability at $178.40 per share. Achour and his spouse are trustees of the trust; immediate family members are its sole beneficiaries.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3 | 3,314.3026 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2, F4 | 2,584.6411 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,314 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,584 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F1 | 1,955 | $178.40 | $349K |
Footnotes (4)
- F1. Shares held by the reporting person's family trust, for which the reporting person and his spouse are trustees. Members of the reporting person's immediate family are the sole beneficiaries of the trust.
- F2. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
- F3. Because the recipient has met the other conditions for Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement), these Restricted Stock Units will be fully vested on the date that is three months after the grant date. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on October 15, 2025, 2026 and 2027.
- F4. Because the recipient has met the other conditions for Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement), these Restricted Stock Units will be fully vested on the date that is three months after the grant date. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on October 15, 2025, 2026 and 2027.
Key Figures
Key Terms
Restricted Stock Unit financial
Normal Retirement Age financial
allocable dividend equivalents financial
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