Form 4: Qualcomm CEO Amon Reports Significant Stock Activity

Qualcomm CEO Cristiano Amon reported the vesting of performance and restricted stock units, along with related stock acquisitions and dispositions, on December 15, 2025.

Summary

• Qualcomm's President & CEO, Cristiano R. Amon, reported multiple transactions involving the company's common stock on December 15, 2025.
• Amon acquired 32,932 shares and 37,271 shares of common stock, representing Performance Stock Units that vested on December 15, 2025, with the number of shares certified by the HR and Compensation Committee on December 8, 2025.
• He also disposed of 34,807 shares and 20,984 shares of common stock at a price of $179.26 per share, likely for tax withholding purposes related to the vesting events.
• Additionally, 24,385.4273 Restricted Stock Units (RSUs) were converted into common stock, representing the final one-third vesting tranche of an award that vested in equal amounts on December 15, 2023, 2024, and 2025.
• Another 19,998.1562 RSUs were converted into common stock, part of an award that fully vested on March 28, 2024, upon Amon's attainment of Normal Retirement Age, with shares being issued in three equal annual installments on December 15, 2024, 2025, and 2026.
• Following these transactions, Amon beneficially owns 194,084 shares, 228,891 shares, 218,469 shares, and 238,467 shares indirectly through a family trust, and 19,999.1972 derivative securities (RSUs) directly.

Sentiment

Score: 5

Explanation: This is a routine Form 4 filing disclosing insider transactions related to equity compensation vesting and tax-related dispositions, which are standard occurrences and do not inherently indicate positive or negative company performance.

Positives

• The vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) indicates the achievement of performance targets and continued alignment of executive compensation with company performance.
• The conversion of RSUs into common stock increases the CEO's direct equity stake in the company, reinforcing long-term commitment.

Negatives

• The disposition of 34,807 shares and 20,984 shares of common stock at $179.26 per share represents a reduction in direct shareholdings, although this is a standard practice for covering tax liabilities upon equity award vesting.

Future Outlook

This filing primarily details past and scheduled equity compensation events and does not provide forward-looking statements regarding the company's financial performance or strategic outlook, beyond the scheduled issuance of vested shares in 2026.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions related to executive compensation. Such equity awards and their vesting schedules are common practices across the technology and semiconductor industries to incentivize and retain key management personnel, aligning their interests with long-term shareholder value.

Related Party Transactions

• Shares are held indirectly by the reporting person's family trust, for which the reporting person and his spouse are trustees, and the reporting person and members of his immediate family are the sole beneficiaries.

Stakeholder Impact

• Shareholders: The vesting and conversion of equity awards align the CEO's financial interests with long-term shareholder value. Tax-related dispositions are a normal part of executive compensation.
• Employees: This filing reflects standard executive compensation practices, which can influence broader compensation strategies within the company.

Next Steps

• The final installment of shares for certain Restricted Stock Units that vested due to Normal Retirement Age is scheduled to be issued on December 15, 2026.

Key Dates

Keywords

QUALCOMM, QCOM, Cristiano Amon, Form 4, Insider Transaction, Restricted Stock Units, Performance Stock Units, Equity Compensation, Stock Vesting, Beneficial Ownership