Form 4: Qualcomm CTO Reports Routine Stock Transactions

Qualcomm's EVP and CTO, Baaziz Achour, reported the acquisition of common stock from vested Restricted Stock Units and the disposition of shares for tax withholding purposes.

Summary

• Baaziz Achour, EVP, Chief Technology Officer of Qualcomm Inc./DE (QCOM), reported transactions on December 15, 2025.
• Acquired 2,999 shares of common stock through the conversion of Restricted Stock Units (RSUs) at a price of $0.0.
• Disposed of 1,418 shares of common stock at a price of $179.26, likely for tax withholding related to the RSU vesting.
• Following these transactions, Achour indirectly beneficially owns 88,620 shares of common stock via a family trust.
• Achour also directly beneficially owns 2,999.9316 Restricted Stock Units.
• The RSUs became fully vested due to meeting Normal Retirement Age conditions and are being issued in three equal annual installments on December 15, 2024, 2025, and 2026.

Sentiment

Score: 6

Explanation: The filing reports routine executive compensation transactions involving the vesting of Restricted Stock Units and subsequent share disposition for tax purposes, which is a standard occurrence and not indicative of significant positive or negative company performance.

Positives

• EVP, CTO Baaziz Achour acquired 2,999 shares of common stock through the vesting and conversion of Restricted Stock Units.
• The vesting of Restricted Stock Units indicates the executive met performance or tenure conditions, including Normal Retirement Age.

Negatives

• Baaziz Achour disposed of 1,418 shares of common stock, likely for tax withholding purposes, reducing his indirect beneficial ownership.

Future Outlook

The remaining vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in one final equal annual installment on December 15, 2026.

Industry Context

NA

Related Party Transactions

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

Stakeholder Impact

• Shareholders: Minor dilution from RSU conversion, but overall a routine compensation event.
• Executive: Baaziz Achour's compensation package is being realized.

Next Steps

• Issuance of the final installment of vested RSU shares on December 15, 2026.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation transactions (RSU vesting and tax-related share disposition) and does not provide new material information about Qualcomm's operational performance or strategic direction that would warrant a change in investment recommendation.

Keywords

QCOM, Qualcomm, Form 4, insider trading, stock transactions, RSU, Restricted Stock Unit, executive compensation, beneficial ownership