QCOM insider: CFO converts RSUs; direct holdings now 44,876 shares

Rhea-AI Filing Summary

Qualcomm (QCOM) insider activity: On October 15, 2025, CFO & COO Akash J. Palkhiwala acquired 8,111 shares via RSU conversion (Code M) and had 3,109 shares withheld at $162.97 to satisfy taxes (Code F). After these transactions, he directly owns 44,876 common shares. Each RSU equals one common share, with the award vesting in equal one‑third installments on October 15, 2025, 2026, and 2027. Reported remaining RSUs total 16,223.5424.

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

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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^*

Palkhiwala Akash J.

(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)
	CFO & COO

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		8,111	A	$0.0	47,985	D
Common Stock	10/15/2025		F		3,109	D	$162.97	44,876	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
Restricted Stock Unit	(1)	10/15/2025		M			8,111.2602	(2)	10/15/2027(2)	Common Stock	8,111.2602	$0.0	16,223.5424	D

Explanation of Responses:

1. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.

2. These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on October 15, 2025, 2026 and 2027.

	By: Jon Russo, Attorney-in-Fact For: Akash J. Palkhiwala	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).
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.

FAQ

What did Qualcomm (QCOM) disclose in this Form 4?

CFO & COO Akash J. Palkhiwala acquired 8,111 shares from RSU conversion and had 3,109 shares withheld at $162.97 for taxes on October 15, 2025.

How many Qualcomm shares does the reporting person now hold directly?

Following the transactions, he directly owns 44,876 common shares.

What were the transaction codes and what do they indicate?

Code M reflects RSU conversion into shares; Code F indicates shares withheld to cover taxes.

What is the vesting schedule for the RSUs?

The RSUs vest in equal one‑third installments on October 15, 2025, 2026, and 2027 and convert one-for-one into common stock.

How many RSUs remain after the reported transactions?

Reported remaining RSUs total 16,223.5424.

What price was used for the tax withholding shares?

Shares were withheld at $162.97 to satisfy tax obligations.