ACE HEATHER S 4

What Happened Heather S. Ace, EVP and Chief HR Officer of QUALCOMM (QCOM), reported an open-market sale of 3,200 shares on May 4, 2026. The shares were sold at $177.82 each for a total proceeds of $569,024. This was a sale (not a purchase or award) and therefore is generally viewed as a liquidity event rather than a direct bullish signal.

Key Details

• Transaction date and price: May 4, 2026 — 3,200 shares sold at $177.82/share (total $569,024).
• Transaction type: Open-market sale (Form 4 code S).
• Shares owned after transaction: Not specified in the information provided.
• Footnotes:
  • F1: The sale was made pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2025 (pre‑arranged trading plan).
  • F2: Some shares are held by the reporting person's family trust (the reporting person and spouse are trustees; immediate family are beneficiaries).
• Filing timeliness: Form filed May 4, 2026, the same date as the transaction — appears timely (no late filing indicated).

Context A 10b5-1 plan indicates the sale was pre-planned, which is common for insiders to provide predictable liquidity and to avoid trading on material nonpublic information. Sales by executives are routine and do not alone signal a change in company outlook; purchases generally carry more informational weight for investors.