Form 4: Qualcomm Executive James H. Thompson Reports Stock Sale and Gift

James H. Thompson, Chief Technology Officer of Qualcomm, reported the sale of 8,000 shares and a gift of 623 shares of common stock on September 3, 2024.

Summary

• James H. Thompson, Chief Technology Officer of Qualcomm, filed a Form 4 detailing changes in beneficial ownership of Qualcomm stock.
• On September 3, 2024, Thompson sold 8,000 shares of common stock at a price of $171.72 per share.
• On the same day, Thompson gifted 623 shares of common stock.
• These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 29, 2023.
• Following these transactions, Thompson directly owns 221,364 shares of Qualcomm common stock.
• Thompson also indirectly owns 45,453 shares through a spouse's trust and 45,453 shares through another trust, both held by Premier Trust as trustee.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. They can be influenced by various factors, including personal financial planning, diversification, and adherence to pre-arranged trading plans.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates