[Form 4] Qualcomm Inc Insider Trading Activity

Rhea-AI Filing Summary

Qualcomm insider transactions: Neil Martin, SVP Finance and CAO, reported multiple equity transactions on 08/20/2025 and 08/21/2025. He was granted three tranches of Restricted Stock Units (RSUs) totaling 1,632.8750 RSUs that convert one-for-one to common stock with staggered vesting through November 20, 2027. He also acquired 1,631 shares via Rule M entries including 94 shares from the Employee Stock Purchase Plan and sold 791 shares on 08/21/2025 under a Rule 10b5-1 trading plan at $154.82 per share. One sale on 08/20/2025 of 564 shares is recorded at $155.44.

Positive

• Detailed disclosure of RSU vesting schedules and 10b5-1 plan adoption provides transparency on insider activity
• Acquisitions include ESPP shares, indicating participation in the company's employee purchase program

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider received material RSU grants and executed a planned sale under a 10b5-1 plan, indicating routine compensation realization.

The filing shows standard executive compensation activity: three RSU grant tranches vesting over 2023-2027 and conversions into common stock. Recorded acquisitions include shares from the ESPP. The reported open-market sale of 791 shares on 08/21/2025 was executed under a pre-existing Rule 10b5-1 plan adopted 06/06/2024, reducing direct holdings but consistent with preplanned disposition rather than opportunistic trading.

Corporate Governance Expert

TL;DR: Transactions reflect compensation vesting and a previously adopted trading plan; no indication of unusual timing or material unexpected change.

The RSU vesting schedules are disclosed with specific vesting windows and include dividend equivalents. The presence of an ESPP purchase and an explicit 10b5-1 plan provides compliance context for sales. No amendments or corrections are indicated. From a governance perspective, these disclosures are routine and align with typical executive equity compensation and planned disposals.

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).

X

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^*

MARTIN NEIL

(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)
	SVP, Finance and CAO

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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	08/20/2025		M		648	A	$0.0	1,478	D
Common Stock	08/20/2025		M		561	A	$0.0	2,039	D
Common Stock	08/20/2025		M		422	A	$0.0	2,461	D
Common Stock	08/20/2025		F		564	D	$155.44	1,897(1)	D
Common Stock	08/21/2025		S(2)		791	D	$154.82	1,106	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
Restricted Stock Unit	(3)	08/20/2025		M			648.2346	(4)	11/20/2025(4)	Common Stock	648.2346	$0.0	648.2346	D
Restricted Stock Unit	(3)	08/20/2025		M			561.6718	(5)	11/20/2026(5)	Common Stock	561.6718	$0.0	2,809.3896	D
Restricted Stock Unit	(3)	08/20/2025		M			422.9686	(6)	11/20/2027(6)	Common Stock	422.9686	$0.0	3,803.6667	D

Explanation of Responses:

1. Includes 94 shares acquired under the Company's Employee Stock Purchase Plan on July 31, 2025.

2. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2024.

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. The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2023, and the remaining balance vests quarterly thereafter.

5. The Restricted Stock Units (and allocable dividend equivalents) vested in equal quarterly amounts beginning on February 20, 2024 and ending on November 20, 2026.

6. The Restricted Stock Units (and allocable dividend equivalents) vested in equal quarterly amounts beginning on February 20, 2025 and ending on November 20, 2027.

	By: Jon Russo, Attorney-in-Fact For: Neil Martin	08/21/2025
	** 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 transactions did Neil Martin report on Form 4 for QCOM?

Neil Martin reported RSU grants and share transactions: multiple RSU awards that convert one-for-one to common stock, acquisitions including 94 ESPP shares, a sale of 564 shares at $155.44 and a sale of 791 shares at $154.82 executed under a 10b5-1 plan.

Were any sales executed under a Rule 10b5-1 plan for QCOM (Neil Martin)?

Yes. The filing states the 08/21/2025 sale of 791 shares was made pursuant to a Rule 10b5-1 trading plan adopted on 06/06/2024.

How many Restricted Stock Units did Neil Martin receive and when do they vest?

RSU totals and vesting: Grants of approximately 648.2346, 561.6718, and 422.9686 RSUs with staggered vesting schedules converting one-for-one to common stock and vesting through 11/20/2027 as disclosed.

Did Neil Martin acquire shares through the Employee Stock Purchase Plan (ESPP)?

Yes. The filing explicitly includes 94 shares acquired under the Company's ESPP on July 31, 2025.

Do the transactions indicate a change in beneficial ownership after the reported trades?

Yes. The reported transactions changed reported beneficial ownership counts per line items; for example, after a $155.44 sale the beneficial ownership is shown as 1,897 shares and after the $154.82 sale it is shown as 1,106 shares as reported.