QUALCOMM INC/DE: EVP, CFO & COO Palkhiwala Akash J. exercised 8,284 shares

What happened Palkhiwala Akash J., EVP, CFO & COO, exercised or converted derivatives on Oct 15, 2026. The filing reports an exercise/conversion of 8,284 shares at $0.00 (acquired) and a separate exercise/conversion of 8,284.191 shares at $0.00 (disposed = $0). In connection with the transactions, 3,267 shares were surrendered to satisfy tax liabilities at $178.40 for a total of $582,833.

Key details

• Transaction date: Oct 15, 2026. Exercise/conversion price: $0.00. Tax-withholding share price: $178.40.
• Shares exercised/converted: 8,284 and 8,284.191 (per filing entries).
• Shares surrendered/withheld to pay tax liabilities: 3,267 shares for $582,833.
• Footnote F1: Includes 98 shares acquired under the company's employee stock purchase plan on Oct 1, 2026.
• Footnote F2: Each restricted stock unit is the economic equivalent of one share and converts one-for-one.
• Footnote F3: The restricted stock units vest in equal one-third amounts on Oct 15, 2025, Oct 15, 2026 and Oct 15, 2027.
• Shares owned following the reported transaction: not reported in the filing.
• Form filed on Oct 16, 2026 reporting transactions on Oct 15, 2026 (no late filing indicator shown).

Why it may matter The filing shows exercise or conversion of derivatives and that shares were withheld (share surrender) to satisfy tax liabilities, i.e., a cashless withholding rather than an open-market sale. The filing does not show why the insider traded or why the company acted.