Form 4: Qualcomm EVP Sells Shares Under 10b5-1 Plan

Qualcomm's EVP, Chief HR Officer, Heather S. Ace, sold 3,200 shares of common stock for $137 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Heather S. Ace, Executive Vice President and Chief HR Officer of QUALCOMM INC/DE (QCOM), reported a sale of common stock.
• On February 9, 2026, Ms. Ace disposed of 3,200 shares of Qualcomm common stock at a price of $137 per share.
• This transaction was executed pursuant to a Rule 10b5-1 trading plan, which was adopted on September 11, 2025.
• Following this transaction, Ms. Ace directly owns 26,542 shares of common stock.
• Additionally, 16,393 shares are indirectly beneficially owned by a family trust, for which Ms. Ace and her spouse are trustees and immediate family members are the sole beneficiaries.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine insider transaction under a pre-arranged plan, which typically has a neutral impact on market sentiment as it reflects personal financial planning rather than a change in company fundamentals.

Positives

• The transaction was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled sale for personal financial management rather than a reaction to new, non-public information.

Negatives

• An insider sale, even if pre-planned, reduces the executive's direct stake in the company, which some investors might interpret as a slight reduction in alignment of interests.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those executed under Rule 10b5-1 plans, are a common practice for executives to manage personal finances, diversify portfolios, and plan for liquidity events in a compliant manner. Such pre-arranged sales are generally viewed as less indicative of management's sentiment about the company's immediate prospects compared to unscheduled sales.

Related Party Transactions

• The reporting person indirectly beneficially owns 16,393 shares through a family trust, for which she and her spouse are trustees and immediate family members are the sole beneficiaries.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, pre-scheduled insider sale of a relatively small portion of the executive's total holdings.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction.

Key Dates

Recommendation

This Form 4 reports a routine, pre-scheduled insider sale by an executive under a 10b5-1 plan. Such transactions are common for personal financial management and diversification and do not typically signal a change in the company's fundamental outlook or warrant an immediate change in investment recommendation.

Keywords

Qualcomm, QCOM, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Executive Compensation, Heather S. Ace