Form 4: Qualcomm Director Mark McLaughlin Acquires Deferred Stock Units

Director Mark McLaughlin acquired 451 Deferred Stock Units (DSUs) of Qualcomm on March 31, 2025, in lieu of cash retainer fees.

Summary

• On March 31, 2025, Mark D. McLaughlin, a director of Qualcomm, acquired 451 Deferred Stock Units (DSUs).
• These DSUs were issued in lieu of cash retainer fees.
• The DSUs are 100% vested on the grant date and will be settled in shares of Qualcomm's common stock, potentially partially in cash, on the earlier of the third anniversary of the grant date, death, disability, or a change in control.
• Following the transaction, McLaughlin directly owns 10,132.9897 shares of Qualcomm common stock and indirectly owns 26,490 shares through a trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction with no apparent negative implications. The acquisition of DSUs by a director is generally viewed positively as it aligns interests with shareholders.

Positives

• The acquisition of DSUs reflects McLaughlin's continued investment in Qualcomm.
• The structure of the DSU settlement provides flexibility, with potential for both stock and cash.

Future Outlook

The DSUs will be settled in shares of Qualcomm's common stock (and partially in cash if election is made) in the future, based on the terms of the grant agreement.

Industry Context

Directors often receive stock-based compensation as part of their overall remuneration, aligning their interests with those of shareholders. This Form 4 filing is a routine disclosure of such activity.

Stakeholder Impact

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

Next Steps

• Potential future Form 4 filings may be required if McLaughlin elects to settle the units partially in cash.

Key Dates

Keywords

Qualcomm, Director, Mark McLaughlin, Deferred Stock Units, DSUs, Beneficial Ownership, Form 4, Stock Acquisition