QUALCOMM INC/DE 8-K

What Happened
QUALCOMM Incorporated held its 2026 Annual Meeting of Stockholders on March 17, 2026 and filed an 8-K reporting the final vote results. All board nominees were elected, PricewaterhouseCoopers LLP was ratified as auditor, the advisory say-on-pay and an increase to the 2023 Long‑Term Incentive Plan (LTIP) were approved, and two shareholder proposals (special meeting right and China exposure report) were rejected. The filing also shows a sizeable number of broker non-votes (159,320,818) recorded for many items.

Key Details

• Director elections: all nominees were elected; examples include Cristiano R. Amon (747,404,384 FOR) and Jamie S. Miller (747,554,663 FOR).
• Auditor ratification: PwC ratified for fiscal year ending Sept. 27, 2026 — 837,154,935 FOR, 71,897,607 AGAINST.
• Compensation and plan votes: advisory say-on-pay approved (686,367,756 FOR); LTIP amendment approved to increase the share reserve by 24,000,000 shares (700,086,875 FOR).
• Shareholder proposals failed: “Special Shareholder Meeting” lost (316,222,168 FOR vs. 432,666,683 AGAINST); “Report on Risk of China Exposure” lost (22,142,415 FOR vs. 722,023,888 AGAINST).

Why It Matters
These results confirm board continuity and management support for QUALCOMM’s compensation and equity incentive program, including a 24 million‑share increase to the LTIP reserve, which can affect future equity dilution. Ratification of PwC secures the company’s auditor for the coming fiscal year. Rejection of the two shareholder proposals means QUALCOMM will retain its existing governance structure and disclosures as of the vote. Investors should note the reported broker non‑votes (159.3M shares) when considering turnout and voting dynamics.