QUALCOMM (QCOM) EVP gifts 26,542 shares to family trust

Rhea-AI Filing Summary

QUALCOMM executive Heather S. Ace reported a gift transfer of company stock. She made bona fide gifts of 26,542 shares of QUALCOMM common stock on 2026-02-19, moving shares to a family trust for which she and her spouse serve as trustees.

Following these transactions, the family trust holds 42,935 QUALCOMM shares indirectly for the benefit of her immediate family. The reported transactions are non-cash gifts, not open-market purchases or sales.

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^*

ACE HEATHER S

(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 HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		G(1)		26,542	D	$0.0	0	D
Common Stock	02/19/2026		G(1)		26,542	A	$0.0	42,935	I	by Trust(2)

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. Securities transferred to reporting person's family trust, for which the reporting person and her spouse are trustees. Members of the reporting person's immediate family are the sole beneficiaries of the trust.

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

	By: Jon Russo, Attorney-in-Fact For: Heather S. Ace	02/19/2026
	** 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.

FAQ

What insider transaction did QUALCOMM (QCOM) executive Heather S. Ace report?

Heather S. Ace reported bona fide gifts of QUALCOMM common stock. She transferred 26,542 shares on 2026-02-19 as non-cash gifts, moving shares to a family trust associated with her immediate family rather than selling them in the open market.

How many QUALCOMM (QCOM) shares were transferred in Heather S. Ace’s Form 4 filing?

The Form 4 shows gift transfers of 26,542 QUALCOMM common shares. These transactions are coded as bona fide gifts, indicating no sale proceeds, and reflect a change in how the shares are held rather than a market transaction or new acquisition.

Who now holds the QUALCOMM (QCOM) shares from Heather S. Ace’s gift transfer?

The gifted QUALCOMM shares are held by a family trust. Heather S. Ace and her spouse are trustees, and members of her immediate family are the sole beneficiaries, meaning the trust structure, not an open-market transaction, drives the change in reported ownership.

Did Heather S. Ace buy or sell QUALCOMM (QCOM) stock in this Form 4?

The Form 4 does not show any open-market buys or sells. Instead, it reports bona fide gifts of 26,542 QUALCOMM shares, shifting ownership into a family trust vehicle while keeping the transaction non-cash at a reported price of zero per share.

How many QUALCOMM (QCOM) shares does the family trust hold after the reported transactions?

After the reported gift transactions, the family trust holds 42,935 QUALCOMM common shares indirectly. This figure comes from the post-transaction ownership line, reflecting the trust’s position following the transfer of shares reported as bona fide gifts.

What does the bona fide gift code mean in the QUALCOMM (QCOM) Form 4?

The bona fide gift code indicates a non-cash transfer of shares. In this QUALCOMM filing, the G code shows that 26,542 common shares were given as gifts, with no sale price, and moved into a family trust structure rather than traded on the market.