Miller Jamie S 4

What Happened

• Jamie S. Miller, a director of QUALCOMM Incorporated (QCOM), was granted 2,563 Deferred Stock Units (DSUs) on March 17, 2026. The Form 4 reports the acquisition at $0.00 per unit (transaction code A). The DSUs are 100% vested on the grant date and will be settled in shares of common stock (or partially in cash if elected) on the earlier of March 17, 2029, death, disability, or a change in control.

Key Details

• Transaction date and price: 2026-03-17; grant reported at $0.00 per unit (award/grant).
• Shares/units granted: 2,563 Deferred Stock Units (DSUs).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 explains these are Annual Deferred Stock Units under the 2026 Director Compensation Plan, are fully vested on grant, and may be settled partially in cash if an election is made within 60 days; any partial cash settlement would be reported later. F2 notes securities are held jointly with spouse.
• Filing timeliness: Report covers 03/17/2026 and was filed 03/18/2026 (timely).

Context

• Deferred Stock Units are a form of equity compensation that will convert into actual shares (or cash) at settlement; because these DSUs are fully vested at grant, the director has an immediate vested claim, but no shares are yet settled/transferred until the settlement event. This is an award (not a market purchase or sale) and does not, by itself, indicate buying or selling sentiment.