QCOM director granted 1,049 deferred stock units — Form 4
Jeremy Z. Kolter, a Qualcomm director, received 1,049 Deferred Stock Units on 09/02/2025 under the Qualcomm Incorporated 2025 Director Compensation Plan.
Rhea-AI Filing Summary
Jeremy Z. Kolter, a Qualcomm director, received 1,049 Deferred Stock Units on 09/02/2025 under the Qualcomm Incorporated 2025 Director Compensation Plan. The units are fully vested on the grant date and will be settled in shares of Qualcomm common stock (or partially in cash if Kolter elects cash settlement within 60 days of the grant). Settlement will occur on the earlier of March 18, 2028, death, disability, or a change in control. If a partial cash election is made, that cash settlement will be reported on a subsequent Form 4 as a disposition to the issuer.
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Insights
TL;DR: Routine director compensation grant of 1,049 deferred stock units, fully vested and subject to customary settlement events.
This filing documents a typical annual equity grant to a board member under the company's director compensation plan. The units are 100% vested at grant, which means the recipient has no further service-based vesting condition, though settlement timing is delayed until a listed event. The grant structure—settlement in shares or partial cash by election—aligns with common director pay practices and provides deferred equity alignment with shareholders without immediate dilution.
TL;DR: Non-derivative award of 1,049 shares recorded; transaction does not indicate purchase price or market sale.
The Form 4 reports an "A" transaction code for acquisition of 1,049 Common Stock units at $0.0 reported price, reflecting a compensatory grant rather than an open-market purchase. Because units are deferred and settled later, there is no immediate change to outstanding shares until settlement. The filing is informational for insider holdings and compliance with Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,049 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the grant of Annual Deferred Stock Units to Directors pursuant to the Qualcomm Incorporated 2025 Director Compensation Plan. 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) March 18, 2028 (2) death, (3) disability, or (4) a change in control. If an election is made to settle the units partially in cash, such partial cash settlement will be reported on a subsequent Form 4 (if applicable) as a disposition to the Issuer on the settlement date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did QCOM director Jeremy Z. Kolter receive on 09/02/2025?
Are the Deferred Stock Units vested immediately?
Was any purchase price paid for the units reported on the Form 4?
Will a cash election by the director be reported separately?
AI-generated analysis. How Rhea-AI works. Not financial advice.