Henderson Jeffrey William 4

What Happened

• Jeffrey William Henderson, a director of QUALCOMM (QCOM), had Annual Deferred Stock Units settled on March 8, 2026. The filing shows conversion/exercise of approximately 2,355 deferred stock units into common shares and a disposition of 759 shares to the issuer at $135.69 each for $102,989.
• The settlement entries show the units converted into shares (no cash exercise price). The 759-share transfer to the issuer is consistent with share withholding to satisfy tax obligations; the net shares retained by the insider are roughly 2,355 − 759 ≈ 1,596 shares.

Key Details

• Transaction date: 2026-03-08; Form 4 filed: 2026-03-09 (appears timely).
• Acquired: 2,355 shares via conversion/exercise of deferred stock units at $0.00 (derivative settlement).
• Disposed to issuer: 759 shares at $135.69 each, total $102,989 (likely tax withholding).
• A separate derivative line shows 2,355.199 shares tied to the conversion/settlement (administrative reporting detail).
• Shares owned after the transaction: not reported in the provided filing extract.
• Footnotes: F1–F3 state these were Annual Deferred Stock Units granted 3/8/2023, each DSU equals one share, units were 100% vested on grant and are settled in shares (and partially cash if elected) per the grant agreement.

Context

• This was a settlement of deferred stock units (an award), not an open-market buy or intentional sell. Withholding of shares to the issuer for taxes is common and does not necessarily signal the director’s market view.
• For retail investors, awards and tax-withholding disposals are routine insider compensation events; purchases are generally more informative about insider sentiment.