Form 4: Qualcomm Director Marie Myers Receives Deferred Stock Units

Director Marie Myers received 2,097 deferred stock units from Qualcomm on March 18, 2025, under the company's 2025 Director Compensation Plan.

Summary

• On March 18, 2025, Marie Myers, a director at Qualcomm, was granted 2,097 deferred stock units (DSUs) under the Qualcomm Incorporated 2025 Director Compensation Plan.
• These DSUs are fully vested upon grant.
• The units will be settled 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.
• Any election for partial cash settlement will be reported on a subsequent Form 4 as a disposition to the issuer.

Sentiment

Score: 7

Explanation: The document reflects a standard director compensation practice, which is generally viewed neutrally to positively as it aligns director and shareholder interests.

Positives

• The grant of deferred stock units aligns the director's interests with those of the shareholders.
• The vesting of the units upon grant provides immediate value to the director.

Future Outlook

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

Industry Context

Director compensation packages often include stock-based awards to align the interests of directors with those of shareholders. Deferred stock units are a common component of such packages.

Corporate Governance

Stakeholder Impact

• Shareholders may view the grant positively as it aligns director interests with company performance.
• The grant has no immediate impact on employees, customers, suppliers, or creditors.

Next Steps

• If Marie Myers elects to settle the units partially in cash, such partial cash settlement will be reported on a subsequent Form 4.

Key Dates

Keywords

Qualcomm, Director Compensation, Deferred Stock Units, Marie Myers, QCOM, Stock Options, Vesting