Palkhiwala Akash J. 4
Research Summary
AI-generated summary
QUALCOMM (QCOM) EVP/CFO/COO Akash J. Palkhiwala Sells Shares
What Happened
- Akash J. Palkhiwala, EVP, Chief Financial Officer & Chief Operating Officer of QUALCOMM, disposed of 2,500 QCOM shares in multiple open-market sales on June 11, 2026.
- Individual sale lots ranged from 48 to 750 shares at reported prices between about $193.81 and $203.25 per share, resulting in aggregate proceeds of roughly $493,380.
- These were sales (transaction code S), which are typically routine cashing-out transactions rather than purchases that might signal a bullish view.
Key Details
- Transaction date: June 11, 2026. Prices reported in the filing and footnotes cover roughly $193.14–$203.51 per share across the lots.
- Total shares sold: 2,500; estimated total proceeds: ~$493,380.
- Footnotes: The filing references a Rule 10b5-1 trading plan adopted December 8, 2025 (F1). Additional footnotes (F2–F12) provide per-lot price ranges and note the filer will provide detailed per-price breakdowns upon request.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Timeliness: Reported and filed on June 11, 2026 (no late-filing indication in the supplied data).
Context
- Sales executed under a 10b5-1 plan are generally pre-arranged, scheduled trades and are often viewed as routine liquidity events rather than discretionary insider signals. Sales alone do not necessarily indicate management’s view of the company’s near-term prospects.