ACEVEDO SYLVIA 4

What Happened

• Sylvia Acevedo, a director of QUALCOMM INC/DE (QCOM), had annual Deferred Stock Units (DSUs) settled on March 8, 2026. The Form 4 reports an acquisition of 2,355 shares at $0.00 and a related conversion/disposition of 2,355.199 units at $0.00. Reported dollar value of the transactions is $0.

Key Details

• Transaction date: 2026-03-08; Form filed 2026-03-09 (appears timely).
• Reported entries: Acquired 2,355 shares (exercise/conversion, code M) at $0.00; Disposed/converted 2,355.199 derivative units at $0.00.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: Settlement of Annual Deferred Stock Units granted March 8, 2023.
  • F2: Each Deferred Stock Unit equals the right to one share of common stock.
  • F3: DSUs were 100% vested on grant and are settled in shares (and partially in cash if elected) per the grant agreement, on the earlier of the third anniversary, death, disability, or a change in control.
• Transaction code: M = exercise or conversion of a derivative security. No separate tax-withholding or cash consideration is shown in the excerpt.

Context

• This filing reflects the settlement/conversion of deferred compensation (DSUs) rather than an open-market buy or sale. Such settlements are routine for vested director compensation and should not be read as an explicit bullish or bearish signal.
• For retail investors: derivative/DSU settlements often result in share issuance or conversion for compensation purposes; because no cash amount is reported here, the filing primarily documents the mechanics of the award settlement.