Qualcomm (QCOM) director receives 262 DSUs instead of cash fees

Rhea-AI Filing Summary

TRICOIRE JEAN-PASCAL reported acquisition or exercise transactions in this Form 4 filing.

QUALCOMM INC/DE director Jean-Pascal Tricoire received 262 Deferred Stock Units (DSUs) of common stock as a grant in lieu of cash retainer fees. The award was priced at $0.00 per share, reflecting its nature as compensation rather than an open-market purchase.

Following this grant, Tricoire directly holds a total of 13,481.4716 shares of Qualcomm common stock. The DSUs are 100% vested on the grant date and will be settled in Qualcomm common shares upon separation from service, death, disability, or a change in control, according to the grant terms.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider TRICOIRE JEAN-PASCAL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	262	$0.00	--

Holdings After Transaction: Common Stock — 13,481.472 shares (Direct)

Footnotes (1)

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Key Figures

DSUs granted: 262 units Price per share: $0.00 per share Shares held after transaction: 13,481.4716 shares

3 metrics

DSUs granted 262 units Deferred Stock Units issued in lieu of cash retainer fees

Price per share $0.00 per share Grant/award acquisition of DSUs

Shares held after transaction 13,481.4716 shares Total direct Qualcomm common stock holdings after DSU grant

Key Terms

Deferred Stock Units (DSUs), cash retainer fees, change in control

3 terms

Deferred Stock Units (DSUs) financial

"Represents Deferred Stock Units (DSUs) issued in lieu of payment of cash retainer fees."

Deferred stock units (DSUs) are a form of long-term pay that promises an employee or director future company shares or cash equal to the share value at a later date, usually after leaving the company or at a set vesting time. Think of them as a delayed paycheck tied to the stock: they align recipients’ interests with long-term share performance and matter to investors because they create potential future dilution and signal how management is rewarded and incentivized.

cash retainer fees financial

"Deferred Stock Units (DSUs) issued in lieu of payment of cash retainer fees."

change in control financial

"on the earlier of (1) separation from service, (2) death, (3) disability, or (4) a change in control."

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

TRICOIRE JEAN-PASCAL

(Last) (First) (Middle)

5775 MOREHOUSE DR.

(Street)

SAN DIEGO CALIFORNIA 92121-1714

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/31/2026		A		262(1)	A	$0.0	13,481.4716	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

Explanation of Responses:

1. Represents Deferred Stock Units (DSUs) issued in lieu of payment of cash retainer fees. Deferred Stock Units are 100% vested on the grant date. The units will be settled in shares of the Company's common stock in accordance with the grant agreement on the earlier of (1) separation from service, (2) death, (3) disability, or (4) a change in control.

	By: Jon Russo, Attorney-in-Fact For: Jean-Pascal Tricoire	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Qualcomm (QCOM) director Jean-Pascal Tricoire report in this Form 4?

Jean-Pascal Tricoire reported receiving 262 Deferred Stock Units (DSUs) of Qualcomm common stock. These units were granted in lieu of cash retainer fees and increased his direct holdings to 13,481.4716 shares of Qualcomm common stock after the transaction.

How many Qualcomm (QCOM) shares does Jean-Pascal Tricoire hold after this DSU grant?

After the grant, Jean-Pascal Tricoire directly holds 13,481.4716 shares of Qualcomm common stock. This total includes the 262 DSUs awarded as compensation in place of cash retainer fees, as disclosed in the Form 4 filing.

Were the Qualcomm (QCOM) DSUs granted to Jean-Pascal Tricoire immediately vested?

Yes. The filing states that the Deferred Stock Units are 100% vested on the grant date. This means Tricoire’s rights to the 262 DSUs are fully earned immediately, although the actual settlement into shares occurs at specified future events.

When will Jean-Pascal Tricoire’s Qualcomm (QCOM) DSUs be settled into shares?

The DSUs will be settled in Qualcomm common stock on the earlier of separation from service, death, disability, or a change in control. These conditions come directly from the grant agreement description in the Form 4 footnote.

Did Jean-Pascal Tricoire buy Qualcomm (QCOM) stock on the open market in this filing?

No. The Form 4 shows a transaction coded A, described as a grant, award, or other acquisition. The 262 DSUs were issued in lieu of cash retainer fees, with a reported price of $0.00 per share, not an open-market purchase.