Qualcomm (QCOM) director Mark McLaughlin settles deferred units, shifts trust share holdings

Rhea-AI Filing Summary

QUALCOMM director Mark D. McLaughlin reported multiple equity transactions involving deferred stock units and common stock. He exercised 2,355.1987 Deferred Stock Units, which were granted on March 8, 2023 and are fully vested, increasing his direct deferred unit holdings to 16,504.4327 units.

Each deferred stock unit represents the right to receive one share of Qualcomm common stock, settled in stock and potentially partly in cash under the grant terms. On the same date, 2,355 shares of common stock were acquired indirectly by the McLaughlin Revocable Trust, where Mark and Karen McLaughlin serve as trustees, bringing the trust’s indirect holdings to 30,337 shares.

The trust also disposed of 759 common shares to the issuer at a price of $135.69 per share, leaving the trust with 29,578 indirectly held shares. Separately, McLaughlin directly held 9,682.8153 common shares after these transactions.

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^*

MCLAUGHLIN MARK D

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

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	03/08/2026		M(1)		2,355	A	$0.0	30,337	I	by Trust(2)
Common Stock	03/08/2026		D		759	D	$135.69	29,578	I	by Trust(2)
Common Stock								9,682.8153	D

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
Deferred Stock Unit	(3)	03/08/2026		M			2,355.1987	(4)	(4)	Common Stock	2,355.1987	$0.0	16,504.4327	D

Explanation of Responses:

1. Represents the settlement of Annual Deferred Stock Units granted to the recipient on March 8, 2023.

2. Securities held by Mark McLaughlin and Karen McLaughlin, Trustees of the McLaughlin Revocable Trust U/A DTD 02/20/2001.

3. Each Deferred Stock Unit represents a right to receive one share of the Company's common stock.

4. Deferred Stock Units are 100% vested on the grant date. The units will be settled in shares of the Company's common stock (and partially in cash if election is made within 60 days of the date of grant) in accordance with the grant agreement on the earlier of (1) third anniversary of the date of grant, (2) death, (3) disability, or (4) a change in control.

	By: Jon Russo, Attorney-in-Fact For: Mark D. McLaughlin	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did QUALCOMM (QCOM) director Mark McLaughlin report?

Mark D. McLaughlin reported exercising 2,355.1987 Deferred Stock Units and related movements in Qualcomm common stock. Shares were acquired and disposed through a revocable trust and directly, reflecting settlement of prior equity awards rather than open‑market buying or selling.

How many QUALCOMM shares did the McLaughlin Revocable Trust acquire and dispose?

The McLaughlin Revocable Trust acquired 2,355 Qualcomm common shares and disposed of 759 shares back to the issuer. After these transactions, the trust held 29,578 common shares, with Mark and Karen McLaughlin serving as trustees for the revocable trust.

What are the terms of Mark McLaughlin’s Qualcomm Deferred Stock Units?

Each Deferred Stock Unit equals one Qualcomm common share and was 100% vested on the grant date. Units are settled in stock, and partly in cash if elected, on the earlier of the third anniversary, death, disability, or a change in control, per the grant agreement.

What price was used for the QUALCOMM share disposition in this Form 4?

The reported disposition to the issuer involved 759 Qualcomm common shares at $135.69 per share. This transaction is coded as a disposition to the issuer, indicating shares moved back to the company rather than an open‑market sale to third‑party investors.

How many QUALCOMM shares does Mark McLaughlin hold directly and indirectly after these transactions?

After the reported transactions, Mark McLaughlin directly held 9,682.8153 Qualcomm common shares. Indirectly, through the McLaughlin Revocable Trust where he and Karen McLaughlin are trustees, a further 29,578 Qualcomm common shares were reported as held following the disposition.