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Qualcomm CTO Achour converts awards into 5,750 shares

The RSUs vest in equal one-third amounts across October 31, 2026, 2027 and 2028, subject to continued-employment terms and qualifying-retirement provisions.

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Form Type
4

Rhea-AI Filing Summary

Qualcomm (QCOM) EVP, Chief Technology Officer Baaziz Achour reported exercise/conversion of 5,750 restricted stock units on October 31, 2026. His family trust acquired 4,980 and 769 common shares. The trust also delivered or had withheld 2,352 shares for payment of exercise price or tax liability at $164.79 per share, while 769 shares were withheld to cover tax liability at $164.79 per share.

Insider ACHOUR BAAZIZ
Role EVP, Chief Technology Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit F3, F4 4,980.9768 $0.00 $0.00
Exercise Restricted Stock Unit F3, F4 769.0538 $0.00 $0.00
Exercise Common Stock F1 4,980 $0.00 $0.00
Exercise Price or Tax Liability Common Stock F1 2,352 $164.79 $388K
Exercise Common Stock F2, F1 769 $0.00 $0.00
Tax Withholding Common Stock F2, F1 769 $164.79 $127K
Holdings After Transaction: Restricted Stock Unit — 11,501.0826 contracts (Direct); Common Stock — 95,191 shares (Indirect, by Trust)
Holdings Before and After: Restricted Stock Unit, 17,251.1132 to 11,501.0826 contracts (Direct); Common Stock, 92,563 to 95,191 shares (Indirect, by Trust)
Footnotes (4)
  1. F1. 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. F2. Pursuant to the terms of the Executive Restricted Stock Unit Agreements governing the applicable awards, the Restricted Stock Units granted to the reporting person in October 2025 became fully vested upon the reporting person's attainment of Normal Retirement Age (as defined in such agreements). These shares represent shares withheld to cover the tax liability associated with the vesting of such Restricted Stock Units.
  3. F3. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
  4. F4. These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on October 31, 2026, 2027 and 2028. The vesting is subject to the recipient's continued employment through the applicable vesting date, provided that the recipient will be eligible for continued vesting in connection with a qualifying retirement, as provided in and subject to the terms of the applicable Executive Restricted Stock Unit Award Agreement.
Underlying shares in RSU exercise/conversion 5,750 shares October 31, 2026
Common shares acquired by family trust 4,980 shares October 31, 2026
Common shares acquired by family trust 769 shares October 31, 2026
Shares delivered or withheld for payment of exercise price or tax liability 2,352 shares Family trust transaction on October 31, 2026
Shares withheld for tax liability 769 shares Family trust transaction on October 31, 2026
Reported per-share price $164.79 per share Family trust share dispositions on October 31, 2026
Restricted Stock Units financial
"These Restricted Stock Units (and allocable dividend equivalents) vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Normal Retirement Age financial
"upon the reporting person's attainment of Normal Retirement Age"
dividend equivalents financial
"allocable dividend equivalents"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many QCOM restricted stock units did Baaziz Achour report exercising?

Baaziz Achour, Qualcomm's EVP, Chief Technology Officer, reported exercise/conversion of 5,750 restricted stock units on October 31, 2026.

When do the reported QCOM restricted stock units vest?

The restricted stock units vest in equal one-third amounts on October 31, 2026, 2027, and 2028, subject to the recipient's continued employment through the applicable vesting date. The recipient is eligible for continued vesting in connection with a qualifying retirement, subject to the applicable award agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
ACHOUR BAAZIZ

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/31/2026M4,980A$0.097,543Iby Trust(1)
Common Stock10/31/2026F2,352D$164.7995,191Iby Trust(1)
Common Stock10/31/2026M769(2)A$0.095,960Iby Trust(1)
Common Stock10/31/2026F769(2)D$164.7995,191Iby 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(3)10/31/2026M4,980.9768 (4)10/31/2028(4)Common Stock4,980.9768$0.012,270.1364D
Restricted Stock Unit(3)10/31/2026M769.0538 (4)10/31/2028(4)Common Stock769.0538$0.011,501.0826D
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. Pursuant to the terms of the Executive Restricted Stock Unit Agreements governing the applicable awards, the Restricted Stock Units granted to the reporting person in October 2025 became fully vested upon the reporting person's attainment of Normal Retirement Age (as defined in such agreements). These shares represent shares withheld to cover the tax liability associated with the vesting of such Restricted Stock Units.
3. Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
4. These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on October 31, 2026, 2027 and 2028. The vesting is subject to the recipient's continued employment through the applicable vesting date, provided that the recipient will be eligible for continued vesting in connection with a qualifying retirement, as provided in and subject to the terms of the applicable Executive Restricted Stock Unit Award Agreement.
By: Jon Russo, Attorney-in-Fact For: Baaziz Achour11/02/2026
** Signature of Reporting PersonDate
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)

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