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QCOM CAO Patricia Grech files Form 4 for RSUs and stock sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

QUALCOMM (QCOM) senior vice president and chief accounting officer Patricia Y. Grech reported equity transactions involving company stock held through a family trust. On 11/20/2025, restricted stock units converted into blocks of 364, 420, and 311 shares of common stock at an exercise price of $0.0, moving into the trust as indirect ownership. That same day, 379 shares were disposed of at $159.59 in a transaction typically associated with tax withholding.

On 11/21/2025, the trust sold 513 shares at $160.95 in an open-market transaction under a Rule 10b5-1 trading plan adopted on December 10, 2024. Following these transactions, the family trust held 203 QUALCOMM shares indirectly for the officer’s immediate family, and Grech continued to hold additional unvested restricted stock units scheduled to vest in quarterly installments through November 20, 2027.

Positive

  • None.

Negative

  • None.
Insider Grech Patricia Y
Role SVP & CAO
Sold 513 shs ($83K)
Type Security Shares Price Value
Sale Common Stock 513 $160.95 $83K
Exercise Restricted Stock Unit 364.873 $0.00 --
Exercise Restricted Stock Unit 420.909 $0.00 --
Exercise Restricted Stock Unit 311.736 $0.00 --
Exercise Common Stock 364 $0.00 --
Exercise Common Stock 420 $0.00 --
Exercise Common Stock 311 $0.00 --
Tax Withholding Common Stock 379 $159.59 $60K
Holdings After Transaction: Common Stock — 203 shares (Indirect, by Trust); Restricted Stock Unit — 0 shares (Direct)
Footnotes (1)
  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 10, 2024. The plan was adopted prior to the reporting person's appointment as Chief Accounting Officer on August 25, 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) vested one-third on November 20, 2023, and the remaining balance vested quarterly thereafter. 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.
Form 4 Insider Transactions: What Each Field Means →
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
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).
X
 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*
Grech Patricia Y
(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)
SVP & CAO
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025
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 11/20/2025 M 364 A $0.0 364 I by Trust(1)
Common Stock 11/20/2025 M 420 A $0.0 784 I by Trust(1)
Common Stock 11/20/2025 M 311 A $0.0 1,095 I by Trust(1)
Common Stock 11/20/2025 F 379 D $159.59 716 I by Trust(1)
Common Stock 11/21/2025 S(2) 513 D $160.95 203 I by 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (3) 11/20/2025 M 364.8725 (4) 11/20/2025(4) Common Stock 364.8725 $0.0 0 D
Restricted Stock Unit (3) 11/20/2025 M 420.9087 (5) 11/20/2026(5) Common Stock 420.9087 $0.0 1,682.5931 D
Restricted Stock Unit (3) 11/20/2025 M 311.7356 (6) 11/20/2027(6) Common Stock 311.7356 $0.0 3,852.0174 D
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. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2024. The plan was adopted prior to the reporting person's appointment as Chief Accounting Officer on August 25, 2025.
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. The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2023, and the remaining balance vested quarterly thereafter.
5. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2024 and ending on November 20, 2026.
6. The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2025 and ending on November 20, 2027.
By: Jon Russo, Attorney-in-Fact For: Patricia Y. Grech 11/21/2025
** 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.
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did QUALCOMM (QCOM) report for Patricia Y. Grech?

The filing shows that Patricia Y. Grech, QUALCOMM's senior vice president and chief accounting officer, reported multiple equity transactions, including the conversion of restricted stock units into common shares and subsequent sales and tax-related share disposals through a family trust.

How many QUALCOMM (QCOM) shares did the trust sell in this Form 4?

The family trust sold 513 shares of QUALCOMM common stock on 11/21/2025 at a price of $160.95 per share in an open-market sale reported with transaction code S.

Were the QUALCOMM (QCOM) insider sales under a Rule 10b5-1 plan?

Yes. The sale of 513 shares on 11/21/2025 was made pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2024, prior to Patricia Y. Grech's appointment as chief accounting officer on August 25, 2025.

How many QUALCOMM (QCOM) shares did the trust hold after the reported transactions?

After the reported transactions, the reporting person's family trust held 203 shares of QUALCOMM common stock, reported as indirect ownership, with the immediate family as the sole beneficiaries.

What restricted stock unit activity did QUALCOMM (QCOM) disclose in this Form 4?

The filing reports multiple restricted stock unit conversions on 11/20/2025, including units representing 364.8725, 420.9087, and 311.7356 underlying shares, each economically equivalent to one QUALCOMM share and converting on a one-for-one basis.

How do QUALCOMM (QCOM) restricted stock units vest for this officer?

The restricted stock units vest in quarterly installments. One grant vested one-third on November 20, 2023 with the balance vesting quarterly thereafter, another vests quarterly from February 20, 2024 through November 20, 2026, and a third vests quarterly from February 20, 2025 through November 20, 2027.