Form 4: Qualcomm CFO Akash Palkhiwala Executes Stock Sales Under 10b5-1 Plan

Akash J. Palkhiwala, CFO & COO of Qualcomm, sold shares of common stock on May 5, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Akash J. Palkhiwala, the CFO & COO of Qualcomm, executed sales of Qualcomm's common stock on May 5, 2025.
• These transactions were conducted under a pre-arranged trading plan that satisfies the affirmative defense conditions of Rule 10b5-1(c).
• A total of 1,993 shares were sold at an average price of $139.522, with prices ranging from $138.86 to $139.8550.
• An additional 1,340 shares were sold at an average price of $140.1331, with prices ranging from $139.8750 to $140.56.
• Following these transactions, Palkhiwala directly owns 53,112 shares of Qualcomm common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock sales under a pre-existing trading plan. There is no indication of positive or negative implications for the company.

Industry Context

Insider sales are a common occurrence, especially when executed under pre-arranged trading plans like Rule 10b5-1. These plans allow insiders to sell shares over a period of time without being accused of trading on non-public information. The market typically views these sales as routine unless the size or frequency is unusual.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares sold.

Key Dates

Keywords

Qualcomm, Akash Palkhiwala, QCOM, Form 4, insider trading, Rule 10b5-1, stock sale, CFO, COO