Research Summary
AI-generated summary of this SEC filing
QUALCOMM CFO Akash Palkhiwala Sells 2,500 Shares
What Happened
Akash J. Palkhiwala, QUALCOMM EVP, CFO & COO, sold a total of 2,500 shares of QCOM common stock in multiple open-market transactions on August 12, 2026, generating roughly $408,142 in proceeds. The individual lots reported: 260 shares at $161.77 ($42,061), 748 shares at $162.56 ($121,593), 1,080 shares at $163.45 ($176,521), 248 shares at $164.73 ($40,852), and 164 shares at $165.34 ($27,115). These were sales (code S) and are typically viewed as routine liquidity transactions rather than a direct bullish signal.
Key Details
- Transaction date: August 12, 2026 (all lots executed that day).
- Price details / reported ranges (per footnotes):
- 260 sh: prices ranged $161.1150–$162.1000 (footnote F2).
- 748 sh: prices ranged $162.1350–$163.1075 (F3).
- 1,080 sh: prices ranged $163.1150–$164.0600 (F4).
- 248 sh: prices ranged $164.1350–$165.0850 (F5).
- 164 sh: prices ranged $165.1175–$165.7100 (F6).
- The filing notes the filer will provide a full breakdown of exact per-share executions on request.
- Plan/authorization: Filing notes the trades were made pursuant to a Rule 10b5-1 trading plan adopted December 8, 2025 (footnote F1).
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Timeliness: Reported with the same period date (Aug 12, 2026); no late-filing indication in the provided data.
- Transaction code: S = Sale.
Context
Sales executed under an established 10b5-1 plan are pre-arranged and often reflect scheduled or rule-based dispositions rather than active decision-making about the company's near-term prospects. No option exercises, gifts, or awards are reported in this filing — only open-market sales. For a more complete picture of insider holdings or to verify post-transaction ownership, consult the full Form 4 on the SEC EDGAR system.