Form 4: Qualcomm Executive Baaziz Achour Reports Stock Transactions
SEC Form 4 Filing
Chief Technology Officer Baaziz Achour reports transactions involving Qualcomm stock held indirectly through a family trust.
Summary
- Baaziz Achour, Chief Technology Officer of Qualcomm, filed a Form 4 detailing changes in beneficial ownership of Qualcomm stock.
- The transactions occurred on May 20, 2025.
- Achour indirectly acquired 2,690 shares and 1,136 shares of common stock through the vesting of restricted stock units held by a family trust.
- He also disposed of 1,323 shares to cover tax obligations at a price of $153.82 per share.
- Following these transactions, Achour indirectly owns 83,048 shares through the family trust and 2,274.651 restricted stock units directly.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/20/2023 | One-third of the first set of Restricted Stock Units (and allocable dividend equivalents) vested. |
| 11/20/2023 | One-third of the second set of Restricted Stock Units (and allocable dividend equivalents) vested. |
| 05/20/2025 | Date of the reported transactions: acquisition of shares through vesting of restricted stock units and disposition of shares for tax obligations. |
| 05/20/2025 | First set of Restricted Stock Units (and allocable dividend equivalents) vested semi-annually thereafter. |
| 11/20/2025 | Second set of Restricted Stock Units (and allocable dividend equivalents) vested quarterly thereafter. |
| 05/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Qualcomm, QCOM, Baaziz Achour, Restricted Stock Units, Family Trust
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