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

Director Jean-Pascal Tricoire acquired 168 Deferred Stock Units (DSUs) of Qualcomm on June 30, 2024, in lieu of cash retainer fees.

Summary

• On June 30, 2024, Jean-Pascal Tricoire, a director of Qualcomm, acquired 168 Deferred Stock Units (DSUs).
• The DSUs were issued in lieu of cash retainer fees.
• The price per unit was $0.0.
• These 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.
• Following the transaction, Tricoire beneficially owns 5,507.2281 shares of Qualcomm common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through the acquisition of DSUs.

Positives

• The acquisition of DSUs demonstrates the director's continued investment in the company's future.

Future Outlook

The DSUs will be settled in shares of the Company's common stock in accordance with the grant agreement on the earlier of (1) separation from service, (2) death, (3) disability, or (4) a change in control.

Industry Context

This is a routine disclosure of insider transactions, common for directors and officers of publicly traded companies. It reflects part of the compensation structure for board members.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates