Form 4: Qualcomm Director Mark McLaughlin Disposes of Shares to Settle Deferred Stock Units
SEC Form 4
Director Mark McLaughlin disposed of 179 shares of Qualcomm stock on March 31, 2024, to settle Deferred Stock Units (DSUs).
Summary
- On March 31, 2024, Mark McLaughlin, a director of Qualcomm, disposed of 179 shares of common stock.
- The shares were disposed of at a price of $169.3 per share.
- This transaction was to settle Deferred Stock Units (DSUs) granted on March 31, 2021.
- Following the transaction, McLaughlin directly owns 9,379.6222 shares and indirectly owns 22,790 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company director. It doesn't convey any particular positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership. It doesn't necessarily reflect a significant trend in the industry but provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares being disposed of by a director to settle deferred stock units.
Key Dates
| Date | Description |
|---|---|
| 03/31/2021 | Date of grant for the Deferred Stock Units (DSUs). |
| 03/31/2024 | Date of transaction: Disposition of shares to settle DSUs. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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