Qualcomm CEO reports 16,715 RSU conversion; tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,656.103 shares exercised/converted
Mixed
6 txns
Insider
AMON CRISTIANO R
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 16,715.165 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,940.938 | $0.00 | -- |
| Exercise | Common Stock | 16,715 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,331 | $162.97 | $1.19M |
| Exercise | Common Stock | 1,940 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,940 | $162.97 | $316K |
Holdings After Transaction:
Restricted Stock Unit — 39,253.143 shares (Direct);
Common Stock — 166,019 shares (Indirect, by Trust)
Footnotes (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. 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. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis. 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.
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.
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.