Qualcomm (QCOM) CTO reports acquisition and disposition of common stock

Rhea-AI Filing Summary

On December 15, 2025, Qualcomm EVP, Chief Technology Officer Baaziz Achour reported equity award activity involving company common stock. A transaction coded M shows 2,999 shares of Qualcomm common stock acquired at a price of $0.0 per share as restricted stock units converted into shares.

A separate transaction coded F on the same date reports 1,418 shares disposed of at $179.26 per share. After these transactions, a family trust for which Achour and his spouse are trustees held 88,620 Qualcomm shares indirectly, and 2,999.9316 restricted stock units were beneficially owned directly, each economically equivalent to one share. Footnotes state that these vested restricted stock units, and related dividend equivalents, will be converted and shares issued in three equal annual installments on December 15, 2024, 2025 and 2026.

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^*

ACHOUR BAAZIZ

(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)
	EVP, Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		M		2,999	A	$0.0	90,038	I	by Trust(1)
Common Stock	12/15/2025		F		1,418	D	$179.26	88,620	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	(2)	12/15/2025		M			2,999.9316	(3)	12/15/2026(3)	Common Stock	2,999.9316	$0.0	2,999.9316	D

Explanation of Responses:

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

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

3. 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 became 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 December 15, 2024, 2025 and 2026.

	By: Jon Russo, Attorney-in-Fact For: Baaziz Achour	12/16/2025
	** 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 insider stock transactions did Qualcomm (QCOM) EVP CTO Baaziz Achour report?

On December 15, 2025, Baaziz Achour reported two transactions in Qualcomm common stock: an acquisition of 2,999 shares at $0.0 per share coded M, and a disposition of 1,418 shares at $179.26 per share coded F.

How many Qualcomm (QCOM) shares does Baaziz Achour beneficially own after these transactions?

After the reported transactions, a family trust for which Baaziz Achour and his spouse are trustees held 88,620 shares of Qualcomm common stock indirectly. Table II also shows 2,999.9316 restricted stock units beneficially owned directly.

What is the nature of the trust holding Qualcomm (QCOM) shares for Baaziz Achour?

Footnote 1 explains that the shares are held by the reporting person’s family trust, for which Baaziz Achour and his spouse are trustees, and that members of the reporting person’s immediate family are the sole beneficiaries of the trust.

What do Baaziz Achour's restricted stock units represent in Qualcomm (QCOM)?

Footnote 2 states that each Restricted Stock Unit (RSU) is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis into common shares.

When will Baaziz Achour's Qualcomm (QCOM) restricted stock units convert into shares?

According to footnote 3, after the recipient met the conditions for Normal Retirement Age, the RSUs became fully vested, and the vested RSUs (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on December 15, 2024, 2025 and 2026.