ACE HEATHER S 4

What Happened

• Heather S. Ace, EVP and Chief HR Officer of QUALCOMM (QCOM), executed a gift/transfer of 26,542 shares on February 19, 2026. The transaction shows a disposal of 26,542 shares at $0.00 and a corresponding acquisition of 26,542 shares at $0.00, with total reported value $0.

Key Details

• Transaction date: 2026-02-19; transaction code: G (gift/transfer); price per share: $0.00; total value: $0.
• The 26,542 shares were transferred into a family trust (see footnotes). The reporting person and her spouse are trustees; immediate family members are sole beneficiaries.
• Footnotes: F1 = securities transferred to reporting person's family trust where reporting person and spouse are trustees; F2 = shares held by that family trust. These lines reflect the move into the trust, not an open-market sale.
• Filing appears timely (report period and filing date: 2026-02-19); no late filing indicator noted.

Context

• This was a gift/transfer into a family trust, not a market sale or purchase; such transfers are commonly associated with family or estate planning and do not necessarily indicate the insider’s view of the company’s stock.
• Because no cash changed hands and the trust’s beneficiaries are immediate family, economic exposure may remain largely within the insider’s family rather than indicating a divestment to the public.