Form 4: Qualcomm Director Mark D. McLaughlin Disposes of Shares to Settle Deferred Stock Units
SEC Form 4 Filing
Director Mark D. McLaughlin disposed of 165 shares of Qualcomm stock on June 30, 2024, to settle deferred stock units.
Summary
- On June 30, 2024, Mark D. McLaughlin, a director of Qualcomm Inc., disposed of 165 shares of common stock.
- The transaction was a disposition to the issuer at a price of $199.18 per share.
- This was done to settle Deferred Stock Units (DSUs) granted on June 30, 2021.
- Following the transaction, McLaughlin directly owns 8,902.6318 shares and indirectly owns 23,138 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company directors. It is typical for executives to receive and settle stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/30/2021 | Date of grant for the Deferred Stock Units (DSUs). |
| 06/30/2024 | Date of transaction: Disposition of shares to settle DSUs. |
| 07/01/2024 | Date of signature for the Form 4 filing. |
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