MCLAUGHLIN MARK D 4
Research Summary
AI-generated summary
QUALCOMM Director Mark D. McLaughlin Sells 759 Shares
What Happened
Mark D. McLaughlin, a director of QUALCOMM (QCOM), had Annual Deferred Stock Units (DSUs) settle on March 8, 2026. The filing shows 2,355 DSUs converted into shares (no cash purchase price). Of those, 759 shares were disposed to the issuer at $135.69 per share for a total of $102,989. Net of that surrender, McLaughlin retained approximately 1,596 shares from the settlement.
Key Details
- Transaction date: March 8, 2026; Form 4 filed March 9, 2026. No late-filing flag indicated.
- Reported transactions:
- Conversion/settlement of DSUs: 2,355 shares acquired at $0.00 (F1, F3).
- Disposition to issuer: 759 shares sold/surrendered at $135.69 for $102,989 (D).
- Additional derivative reporting lines reflect the DSU-to-share conversion (F1).
- Shares owned after transaction: not specified in this filing.
- Footnotes of note: F1 (settlement of Annual Deferred Stock Units granted 3/8/2023), F3 (each DSU = one share), F4 (DSUs were 100% vested at grant and settle per grant terms), F2 (some securities held via McLaughlin Revocable Trust).
Context
- These transactions reflect the settlement of compensation-related deferred stock units rather than an open-market sale. Disposition to the issuer is commonly used to satisfy tax-withholding obligations on settled awards.
- For retail investors: this is routine insider compensation activity (award settlement and withholding), not necessarily a directional vote on the company’s near-term prospects.