Form 4: Qualcomm Director Mark McLaughlin Reports Stock Transactions

Director Mark McLaughlin reports the settlement of deferred stock units and the disposition of shares, affecting his beneficial ownership in Qualcomm.

Summary

• On March 10, 2024, Mark McLaughlin, a director at Qualcomm, settled annual deferred stock units, acquiring 2,056 shares of common stock at a price of $0.00.
• On the same day, McLaughlin disposed of 663 shares of common stock at a price of $170.57.
• Following these transactions, McLaughlin directly owns 9,887.3977 shares and indirectly owns 22,765 shares through a trust.
• The deferred stock units were granted on March 10, 2021, and are settled in shares of Qualcomm's common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The deferred stock units will be settled in shares of the Company's common stock (and partially in cash if election is made within 60 days of the date of grant) in accordance with the grant agreement on the earlier of (1) third anniversary of the date of grant, (2) death, (3) disability, or (4) a change in control.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common practice among publicly traded companies to ensure transparency and compliance with securities regulations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates