Form 4: Qualcomm CFO Palkhiwala Reports Stock Vesting, Tax Sales

Qualcomm's EVP, CFO & COO, Akash J. Palkhiwala, reported the vesting of performance and restricted stock units, alongside related tax-driven dispositions.

Summary

• Akash J. Palkhiwala, EVP, CFO & COO of QUALCOMM INC/DE (QCOM), reported multiple transactions on December 15, 2025.
• Palkhiwala acquired a total of 24,576 shares of Common Stock from the vesting of Performance Stock Units (PSUs) at a price of $0.0.
• Additionally, Palkhiwala acquired a total of 18,260 shares of Common Stock from the vesting of Restricted Stock Units (RSUs) at a price of $0.0.
• To cover tax obligations, Palkhiwala disposed of a total of 21,241 shares of Common Stock at a price of $179.26 per share.
• Following these transactions, Palkhiwala's direct beneficial ownership of Qualcomm Common Stock is 54,803 shares.
• The HR and Compensation Committee determined and certified the number of shares to be paid for PSUs on December 8, 2025.
• Certain Restricted Stock Units (as per Explanation 3) vested in equal one-third amounts on December 15, 2023, 2024, and 2025.
• Other Restricted Stock Units (as per Explanation 4) vest in equal one-third amounts on December 15, 2024, 2025, and 2026.

Sentiment

Score: 6

Explanation: The filing reports routine executive compensation events, specifically the vesting of equity awards and associated tax-driven sales. While the vesting is positive for the executive, the overall impact on the company's valuation or strategic direction is neutral, as these are pre-scheduled compensation events.

Positives

• Akash J. Palkhiwala, EVP, CFO & COO, received a significant number of shares (42,836 total) through the vesting of Performance Stock Units and Restricted Stock Units, indicating successful achievement of performance targets and continued equity compensation.
• The vesting of equity awards at a $0.0 acquisition price represents a direct gain for the executive.

Negatives

• A total of 21,241 shares were disposed of at $179.26 per share, likely to cover tax withholding obligations, which reduces the executive's direct beneficial ownership.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and insider holdings, but the transactions are routine and unlikely to significantly impact share price.
• Employees: Reflects the company's ongoing equity compensation practices for executives.
• Executive (Akash J. Palkhiwala): Significant increase in personal wealth through vested equity, partially offset by shares sold for tax obligations.

Next Steps

• Future vesting of certain Restricted Stock Units is scheduled for December 15, 2026.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events, specifically the vesting of performance and restricted stock units and subsequent tax-related share dispositions. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals and market conditions rather than this specific insider transaction.

Keywords

Qualcomm, QCOM, Akash Palkhiwala, Insider Trading, Form 4, Stock Vesting, Restricted Stock Units, Performance Stock Units, Equity Compensation, CFO, COO