Qualcomm CEO reports 16,715 RSU conversion; tax withholding

Rhea-AI Filing Summary

Qualcomm (QCOM) CEO and Director Cristiano R. Amon reported Form 4 insider transactions dated 10/15/2025. Restricted Stock Units converted to common stock via code M included 16,715 shares and a separate 1,940-share tranche. Shares were withheld to cover taxes via code F in two entries: 7,331 shares and 1,940 shares at $162.97 per share. Following these transactions, indirect holdings by the family trust were 158,688 shares. RSUs convert one-for-one into common stock. The filing notes vesting tied to attainment of Normal Retirement Age, with vested RSUs (and dividend equivalents) scheduled for issuance in three equal annual installments on October 15, 2025, 2026, and 2027.

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^*

AMON CRISTIANO R

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025

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	10/15/2025		M		16,715	A	$0.0	166,019	I	by Trust(1)
Common Stock	10/15/2025		F		7,331	D	$162.97	158,688	I	by Trust(1)
Common Stock	10/15/2025		M		1,940(2)	A	$0.0	160,628	I	by Trust(1)
Common Stock	10/15/2025		F		1,940(2)	D	$162.97	158,688	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)	10/15/2025		M			16,715.1648	(4)	10/15/2027(4)	Common Stock	16,715.1648	$0.0	39,253.1433	D
Restricted Stock Unit	(3)	10/15/2025		M			1,940.9379	(4)	10/15/2027(4)	Common Stock	1,940.9379	$0.0	37,312.2054	D

Explanation of Responses:

1. Shares held by the reporting person's family trust, for which the reporting person and his spouse are trustees. The reporting person and members of his immediate family are the sole beneficiaries of the trust.

2. Pursuant to the terms of the Executive Restricted Stock Unit Agreements governing the applicable awards, the Restricted Stock Units granted to the reporting person in October 2024 became fully vested upon the reporting person's attainment of Normal Retirement Age (as defined in such agreements). These shares represent shares withheld to cover the tax liability associated with the vesting of such Restricted Stock Units.

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. 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: Cristiano R. Amon	10/16/2025
	** 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).
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FAQ

What did QCOM CEO Cristiano Amon report on Form 4?

He reported RSU conversions (code M) of 16,715 and 1,940 shares and tax withholdings (code F) of 7,331 and 1,940 shares at $162.97.

How many QCOM shares did the CEO indirectly hold after the transactions?

Indirect holdings by the family trust were 158,688 shares after the reported transactions.

What prices were used for the tax withholding sales?

Shares were withheld at $162.97 per share under transaction code F.

How do the RSUs convert for QCOM?

Each RSU is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.

What is the vesting and issuance schedule tied to these RSUs?

Upon attaining Normal Retirement Age, vested RSUs (and dividend equivalents) are scheduled for issuance on Oct 15 of 2025, 2026, and 2027 in equal installments.

Who holds the reported QCOM shares indirectly?

They are held by the reporting person’s family trust, for which he and his spouse are trustees and beneficiaries include his immediate family.