Form 4: Qualcomm Director Jeffrey William Henderson Reports Acquisition of Deferred Stock Units

Director Jeffrey William Henderson reports the acquisition of 2,097 deferred stock units in Qualcomm, fully vested upon grant, under the 2025 Director Compensation Plan.

Summary

• On March 18, 2025, Jeffrey William Henderson, a director of Qualcomm, reported acquiring 2,097 shares of common stock in the form of deferred stock units.
• These units were granted under the Qualcomm Incorporated 2025 Director Compensation Plan.
• The deferred stock units are 100% vested on the grant date.
• Settlement of these units will occur in shares of Qualcomm's common stock, with a potential partial cash settlement option, on the earlier of March 18, 2028, death, disability, or a change in control.
• The price of the stock at the time of acquisition was $0.0.
• Following the transaction, Henderson beneficially owns 10,406 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of stock units by a director generally signals confidence in the company's future prospects. It's a routine transaction, but still indicative of alignment between management and shareholders.

Positives

• The acquisition of deferred stock units indicates continued alignment of the director's interests with the company's long-term performance.

Future Outlook

The deferred stock units will be settled in shares of Qualcomm's common stock (and potentially partially in cash) on the earlier of March 18, 2028, death, disability, or a change in control.

Industry Context

Director compensation in the form of stock and deferred stock units is a common practice in the technology industry to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Companies like Apple, Intel, and Nvidia also utilize stock-based compensation for their directors.
• The vesting schedules and settlement terms are generally in line with industry practices, aiming to incentivize long-term value creation.

Stakeholder Impact

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

Key Dates

Keywords

Qualcomm, Director, Deferred Stock Units, QCOM, Beneficial Ownership, Form 4, Henderson, Director Compensation Plan