STOCK TITAN

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.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

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 ACHOUR BAAZIZ
Role EVP, Chief Technology Officer
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
Holdings After Transaction: Restricted Stock Unit — 5,899.9815 contracts (Direct); Common Stock — 92,563 shares (Indirect, by Trust)
Footnotes (4)
  1. 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.
  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. 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.
  4. 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.
Restricted stock units converted 3,314.3026 Restricted Stock Units October 15, 2026
Restricted stock units converted 2,584.6411 Restricted Stock Units October 15, 2026
Common shares acquired by family trust 3,314 shares October 15, 2026
Common shares acquired by family trust 2,584 shares October 15, 2026
Shares delivered or withheld 1,955 shares Family trust; October 15, 2026
Transaction price per share $178.40 per share 1,955 trust-held shares on October 15, 2026
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.
Normal Retirement Age financial
"other conditions for Normal Retirement Age"
allocable dividend equivalents financial
"vested Restricted Stock Units (and allocable dividend equivalents)"

FAQ

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

How many QCOM shares were delivered or withheld, and at what price?

On October 15, 2026, 1,955 shares of common stock held by Baaziz Achour’s family trust were delivered or withheld for payment of exercise price or tax liability at $178.40 per share.

When are Baaziz Achour’s QCOM RSUs scheduled to convert into shares?

The vested Restricted Stock Units and allocable dividend equivalents will be converted and shares issued in three equal annual installments on October 15, 2025, October 15, 2026, and October 15, 2027. The units will be fully vested three months after the grant date because the recipient met the other conditions for Normal Retirement Age.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
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*
ACHOUR BAAZIZ

(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 Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026
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 Stock10/15/2026M3,314A$0.091,934Iby Trust(1)
Common Stock10/15/2026M2,584A$0.094,518Iby Trust(1)
Common Stock10/15/2026F1,955D$178.492,563Iby 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)10/15/2026M3,314.3026 (3)10/15/2027(3)Common Stock3,314.3026$0.08,484.6226D
Restricted Stock Unit(2)10/15/2026M2,584.6411 (4)10/15/2027(4)Common Stock2,584.6411$0.05,899.9815D
Explanation of Responses:
1. 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.
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. 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.
4. 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.
By: Jon Russo, Attorney-in-Fact For: Baaziz Achour10/16/2026
** 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)

Keep reading