Form 4: Qualcomm Director Jean-Pascal Tricoire Acquires Deferred Stock Units

Director Jean-Pascal Tricoire acquired 198 Deferred Stock Units (DSUs) of Qualcomm in lieu of cash retainer fees on September 30, 2024.

Summary

• On September 30, 2024, Jean-Pascal Tricoire, a director of Qualcomm, acquired 198 Deferred Stock Units (DSUs).
• The DSUs were issued in lieu of cash retainer fees.
• The price per unit was $0.0.
• Following the transaction, Tricoire beneficially owns 5,722.9914 shares of Qualcomm common stock.
• The DSUs are 100% vested on the grant date and will be settled in shares of Qualcomm's common stock upon separation from service, death, disability, or a change in control.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through stock-based compensation.

Positives

• The acquisition of DSUs by a director signals confidence in the company's future.

Future Outlook

The DSUs will be settled in shares of Qualcomm's common stock upon separation from service, death, disability, or a change in control.

Industry Context

Directors often receive stock-based compensation to align their interests with those of shareholders. This Form 4 filing reflects such compensation for a Qualcomm director.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment as it demonstrates a director's alignment with shareholder interests.

Key Dates