Form 4: Qualcomm Executive Neil Martin Reports Stock Transactions
SEC Form 4
Neil Martin, SVP, Finance and CAO of Qualcomm, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- Neil Martin, a Senior Vice President, Finance and CAO at Qualcomm, filed a Form 4 detailing transactions involving Qualcomm's common stock and restricted stock units.
- On May 20, 2025, Martin acquired shares through the vesting of restricted stock units and disposed of shares to cover tax obligations.
- Specifically, 644, 558, and 420 shares were acquired through restricted stock unit conversions at a price of $0.00.
- 561 shares were disposed of at a price of $153.82.
- On May 21, 2025, Martin sold 786 shares at a price of $153.70.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 6, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely minimal given the volume of shares traded relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| June 6, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| November 20, 2023 | One-third vesting date of some Restricted Stock Units |
| February 20, 2024 | Start date of equal quarterly vesting for some Restricted Stock Units |
| May 20, 2025 | Date of stock transactions (acquisition and disposition) |
| May 21, 2025 | Date of stock sale transaction |
| November 20, 2025 | End date of vesting for some Restricted Stock Units |
| November 20, 2026 | End date of equal quarterly vesting for some Restricted Stock Units |
| November 20, 2027 | End date of equal quarterly vesting for some Restricted Stock Units |
Keywords
Form 4, Qualcomm, QCOM, Neil Martin, Stock Transactions, Restricted Stock Units, Rule 10b5-1
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