Form 4: Qualcomm SVP & CAO Granted 3,729 Restricted Stock Units

Qualcomm's SVP & CAO, Patricia Y. Grech, was granted 3,729 Restricted Stock Units, vesting quarterly through November 2028.

Summary

• Patricia Y. Grech, Senior Vice President & Chief Accounting Officer (SVP & CAO) of QUALCOMM INC/DE (QCOM), acquired 3,729 Restricted Stock Units (RSUs).
• Each RSU is equivalent to one share of Qualcomm common stock and converts on a one-for-one basis.
• The RSUs, along with allocable dividend equivalents, will vest in equal quarterly amounts.
• Vesting is scheduled to begin on February 20, 2026, and conclude on November 20, 2028.
• Following this transaction, Patricia Y. Grech beneficially owns a total of 4,258 derivative securities (RSUs).

Sentiment

Score: 7

Explanation: The grant of RSUs to a key executive is a positive event for the individual and generally viewed as neutral to slightly positive for the company as it aligns interests, but it does not reflect on the company's operational or financial performance.

Positives

• The grant of Restricted Stock Units aligns the interests of the SVP & CAO with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• This is a standard form of executive compensation, indicating ongoing commitment to key management personnel.

Future Outlook

The Restricted Stock Units are scheduled to vest in equal quarterly amounts, commencing on February 20, 2026, and concluding on November 20, 2028, providing a future incentive for the executive.

Industry Context

The grant of Restricted Stock Units is a common practice in the technology and semiconductor industry for executive compensation, aiming to retain talent and align management's financial interests with long-term shareholder value.

Comparison to Industry Standards

• Executive compensation through equity grants like RSUs is a standard practice across major technology companies, including peers like Intel, Broadcom, and NVIDIA, to incentivize long-term performance and retention.
• The vesting schedule over several years is typical for such grants, ensuring sustained commitment from the executive.

Related Party Transactions

• The grant of Restricted Stock Units to Patricia Y. Grech, an SVP & CAO, represents a standard executive compensation transaction between the company and an insider.

Stakeholder Impact

• Shareholders: The grant aligns the executive's financial incentives with shareholder interests, potentially encouraging long-term value creation.
• Employees: Reflects standard executive compensation practices within the company.

Next Steps

• Quarterly vesting of the granted Restricted Stock Units will occur from February 20, 2026, through November 20, 2028.

Key Dates

Keywords

Qualcomm, QCOM, Restricted Stock Unit, RSU, Insider Transaction, Executive Compensation, Form 4, Patricia Y. Grech