QUALCOMM INC/DE 8-K

What Happened

• QUALCOMM Incorporated (QCOM) filed a Form 8‑K (Item 5.02) reporting that on January 13, 2026 Christopher D. Young informed the Board he will step down as a director effective at the Company’s 2026 Annual Meeting of Stockholders.
• Mr. Young said the decision is due to the significant time commitment required by his new role as Chief Executive Officer and member of the board of Vertex, Inc. The 8‑K was signed and filed on January 16, 2026 by Ann Chaplin, EVP, General Counsel and Corporate Secretary.

Key Details

• Director: Christopher D. Young.
• Notice date to QUALCOMM Board: January 13, 2026.
• Effective date: at QUALCOMM’s 2026 Annual Meeting of Stockholders.
• Reason given: increased time commitment from his new role as CEO and board member of Vertex, Inc.

Why It Matters

• This is a board composition change that QUALCOMM disclosed under Item 5.02; it does not report any immediate changes to executive management or financial results.
• Investors should note the upcoming vacancy on the board and watch for any proxy materials or press releases about a replacement or changes to committee assignments ahead of the 2026 Annual Meeting.