Qualcomm (QCOM) director settles deferred stock units into shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUALCOMM director Ann M. Livermore reported the settlement of deferred stock units into common shares. On March 8, 2026, 2,355.1987 Deferred Stock Units were exercised or converted, leaving 1,683.1728 Deferred Stock Units outstanding.
Each Deferred Stock Unit represents the right to receive one share of QUALCOMM common stock. Following the settlement, 37,129 shares of common stock are held indirectly by The Livermore 2003 Trust, and 2,130.6901 shares are held directly. The footnotes state these units were Annual Deferred Stock Units granted on March 8, 2023 that vest on the grant date and are settled in accordance with the grant agreement upon specified events.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,355.199 shares exercised/converted
Mixed
3 txns
Insider
LIVERMORE ANN M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Unit | 2,355.199 | $0.00 | -- |
| Exercise | Common Stock | 2,355 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Unit — 1,683.173 shares (Direct);
Common Stock — 37,129 shares (Indirect, by Trust);
Common Stock — 2,130.69 shares (Direct)
Footnotes (1)
- Represents the settlement of Annual Deferred Stock Units granted to the recipient on March 8, 2023. Securities held by The Livermore 2003 Trust. Each Deferred Stock Unit represents a right to receive one share of the Company's common stock. 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.
FAQ
What did QUALCOMM (QCOM) director Ann M. Livermore report in this Form 4?
Ann M. Livermore reported the settlement of Deferred Stock Units into QUALCOMM common shares. She exercised or converted 2,355.1987 Deferred Stock Units granted in 2023, which each represent the right to receive one share of QUALCOMM common stock under the company’s deferred compensation program.
What are QUALCOMM Annual Deferred Stock Units mentioned in Livermore’s Form 4?
The Annual Deferred Stock Units are equity awards that are 100% vested on the grant date. Each unit represents a right to receive one share of QUALCOMM common stock, with settlement occurring under the grant agreement upon specific events such as the third anniversary, death, disability, or a change in control.
When were Ann M. Livermore’s reported Deferred Stock Units originally granted by QUALCOMM (QCOM)?
The Deferred Stock Units settled in this Form 4 were granted on March 8, 2023. They are described as Annual Deferred Stock Units, fully vested at grant, with settlement into QUALCOMM common stock governed by the terms and timing conditions defined in the applicable grant agreement.
How many Deferred Stock Units does Ann M. Livermore hold after the QUALCOMM transaction?
Following the reported exercise or conversion, Ann M. Livermore holds 1,683.1728 Deferred Stock Units. These remaining units continue to represent rights to receive QUALCOMM common shares, subject to settlement timing and conditions detailed in the deferred stock unit grant agreement described in the filing’s footnotes.