Form 4: Qualcomm Executive James H. Thompson Sells 8,000 Shares

Qualcomm's Chief Technology Officer, James H. Thompson, sold 8,000 shares of common stock on May 3, 2024, under a pre-arranged trading plan.

Summary

• James H. Thompson, Chief Technology Officer of Qualcomm, sold 8,000 shares of Qualcomm common stock on May 3, 2024.
• The sale was executed at a price of $182 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan adopted on November 29, 2023.
• Following the transaction, Thompson directly owns 253,893 shares of Qualcomm common stock.
• Thompson also has indirect ownership through childrens' trusts (4,539 shares) and a spouse's trust (45,453 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Insider transactions are routinely monitored and reported to the SEC. Sales under 10b5-1 plans are common and allow insiders to sell shares at predetermined times to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, although the existence of a pre-arranged trading plan mitigates this concern.

Key Dates