Palkhiwala Akash J. 4

What Happened

• Akash J. Palkhiwala, QUALCOMM EVP, CFO & COO, sold a total of 2,500 QCOM shares in multiple open-market transactions on March 12, 2026. The five lots were: 961 @ $131.03 ($125,922); 397 @ $132.05 ($52,423); 719 @ $133.11 ($95,705); 363 @ $134.11 ($48,683); and 60 @ $134.70 ($8,082), for combined proceeds of approximately $330,815. These were sales (not purchases), and the filer reports the trades were made pursuant to a prearranged Rule 10b5-1 trading plan.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 13, 2026 (timely within required reporting window).
• Reported sale prices for individual lots: see items above; consolidated reported price range across footnotes: approximately $130.6350 to $134.7350.
• Total shares sold: 2,500; total proceeds: ~$330,815.
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• Notable footnotes: F1 — trades made under a Rule 10b5-1 plan adopted Dec 8, 2025. F2–F6 — seller agrees to provide, upon request, detailed breakdown of number of shares sold at each separate price within listed sub-ranges.

Context

• Sales executed under a 10b5-1 plan are pre-arranged, routine trading arrangements that allow insiders to sell shares according to a preset schedule; this is a common practice and does not by itself indicate non-routine insider knowledge. For retail investors, purchases typically signal stronger insider conviction than routine sales; these reported transactions are routine sell orders under a planned program.