Form 4: Qualcomm CFO & COO Sells Over 3,300 Shares Under Pre-Arranged Trading Plan

Qualcomm's Chief Financial Officer and Chief Operating Officer, Akash J. Palkhiwala, sold 3,333 shares of common stock on June 2, 2025, through a pre-established Rule 10b5-1 trading plan.

Summary

• Akash J. Palkhiwala, the CFO & COO of QUALCOMM INC/DE (QCOM), reported the sale of 3,333 shares of common stock.
• The transactions occurred on June 2, 2025, and were executed under a Rule 10b5-1 trading plan adopted on November 26, 2024.
• The sales were conducted in three separate transactions at average prices ranging from $145.4491 to $146.8671.
• Specifically, 738 shares were sold at an average price of $145.4491 (ranging from $144.66 to $145.65).
• An additional 1,894 shares were sold at an average price of $146.0771 (ranging from $145.6750 to $146.6450).
• A final block of 701 shares was sold at an average price of $146.8671 (ranging from $146.6750 to $147.1650).
• Following these transactions, Mr. Palkhiwala beneficially owns 49,779 shares of Qualcomm common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While it's an insider sale, the fact that it's under a pre-arranged 10b5-1 plan adopted well in advance (November 2024 for June 2025 sales) significantly reduces any negative implications of opportunistic selling. It's likely for personal financial planning or diversification.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, which indicates the transactions were pre-scheduled and not based on new, non-public information, mitigating concerns about opportunistic insider selling.

Negatives

• Insider selling, even if pre-planned, can sometimes be perceived by the market as a lack of confidence, although the impact is typically minimal when executed via a 10b5-1 plan.

Risks

• No specific risks are detailed in this Form 4 filing, as it primarily reports a change in beneficial ownership.

Future Outlook

This document, a Form 4, reports insider stock transactions and does not provide information on the company's future outlook or guidance.

Management Comments

• The transactions were made pursuant to a Rule 10b5-1 trading plan adopted on November 26, 2024, indicating a pre-scheduled sale by management.

Industry Context

This Form 4 filing reports a routine insider stock transaction and does not contain information relevant to broader industry trends or competitive analysis within the semiconductor or telecommunications sectors.

Related Party Transactions

• The reported transactions are insider sales by a key executive (CFO & COO) of Qualcomm, which are considered related party transactions in a broad sense due to the individual's relationship with the company.

Stakeholder Impact

• Shareholders: The sale of shares by a high-ranking executive could be interpreted in various ways, but the 10b5-1 plan mitigates concerns about a lack of confidence in the company's future performance. The impact is generally minor for routine planned sales.

Key Dates

Keywords

Qualcomm, QCOM, Form 4, Insider Trading, Stock Sale, Beneficial Ownership, Akash J. Palkhiwala, CFO, COO, 10b5-1 Plan