Form 4: Qualcomm Director Jeffrey Henderson Reports Stock Unit Settlement
SEC Form 4
Director Jeffrey Henderson settled deferred stock units into Qualcomm common stock on March 10, 2024, according to a Form 4 filing.
Summary
- On March 10, 2024, Jeffrey Henderson, a director at Qualcomm, settled annual deferred stock units.
- This transaction involved the acquisition of 2,056 shares of Qualcomm common stock upon settlement of the deferred stock units.
- Following the transaction, Henderson directly owns 6,408 shares of common stock and 5,726.0743 deferred stock units.
- The deferred stock units were granted on March 10, 2021, and are fully vested upon grant.
- Each deferred stock unit represents the right to receive one share of Qualcomm's common stock.
- The settlement price for the deferred stock units was $0.0.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the settlement of deferred stock units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it represents a routine settlement of deferred stock units.
Key Dates
| Date | Description |
|---|---|
| 03/10/2021 | Date of grant for the Annual Deferred Stock Units |
| 03/10/2024 | Transaction date: Settlement of Deferred Stock Units |
| 03/11/2024 | Date of Form 4 filing |
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