ACEVEDO SYLVIA 4

What Happened

• Sylvia Acevedo, a director of Qualcomm Incorporated (QCOM), was granted 2,563 deferred stock units (DSUs) on March 17, 2026. The grant is reported as an award (Form 4 code A) at $0.00 per share (no cash paid at grant).
• The DSUs are 100% vested on the grant date and will be settled in shares of Qualcomm common stock (or partially in cash if an election is made) on the earlier of March 17, 2029, death, disability, or a change in control.

Key Details

• Transaction date: 2026-03-17; Form 4 filed 2026-03-18.
• Grant: 2,563 Deferred Stock Units; reported acquisition price $0.00 (total reported acquisition value $0).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: Grant made under the Qualcomm Incorporated 2026 Director Compensation Plan. If Acevedo elects partial cash settlement within 60 days of grant, the cash portion will be reported later (as a disposition to the issuer upon settlement).
• Timeliness: Filing appears timely (reported the day after the grant).

Context

• Deferred stock units are a form of director compensation that represent the right to receive shares (or a mix of shares and cash) at settlement; they are not an open-market purchase or sale and do not indicate an immediate cash investment or liquidation.
• Such director awards are common as compensation and should be interpreted as compensation-related, not necessarily a direct signal of the director’s view on near-term stock performance.