Form 4: Qualcomm Director Gregory N. Johnson Settles Deferred Stock Units
SEC Form 4 Filing
Director Gregory N. Johnson settled deferred stock units for Qualcomm common stock on March 9, 2025.
Summary
- On March 9, 2025, Gregory N. Johnson, a director of Qualcomm Inc., settled annual deferred stock units.
- This transaction involved the acquisition of 1,901 shares of common stock at a price of $0.00.
- Following the transaction, Johnson directly owns 5,048 shares of Qualcomm common stock.
- The settled deferred stock units represent a right to receive one share of Qualcomm's common stock each.
- These units were 100% vested on the grant date and are settled in shares, with potential for partial cash settlement based on elections made within 60 days of the grant date.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction related to executive compensation. It doesn't indicate any significant positive or negative development for the company.
Positives
- The director's continued holding of Qualcomm stock may signal confidence in the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies like Qualcomm.
Comparison to Industry Standards
- Stock-based compensation, including deferred stock units, is a common practice among technology companies like Qualcomm to incentivize and retain key personnel.
- Companies such as Apple, Intel, and Samsung also utilize similar compensation strategies to align executive interests with shareholder value.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine settlement of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 03/09/2022 | Date of grant for the Annual Deferred Stock Units |
| 03/09/2025 | Date of transaction: Settlement of Deferred Stock Units |
| 03/10/2025 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.