LIVERMORE ANN M 4

What Happened Ann M. Livermore, a director of QUALCOMM Inc. (QCOM), was granted 2,563 Annual Deferred Stock Units on 2026-03-17. The grant is reported as an award (code A) at $0.00 per unit (no cash paid by the insider). According to the filing, the Deferred Stock Units are 100% vested on the grant date and will be settled in shares of QUALCOMM common stock (or partially in cash if an election is made) on the earlier of March 17, 2029, death, disability, or a change in control.

Key Details

• Transaction date: 2026-03-17; Form 4 filed 2026-03-18 (timely filing).
• Grant: 2,563 Deferred Stock Units; reported acquisition price $0.00; total reported value $0.
• Vesting/settlement: Units are fully vested upon grant; settlement in shares (or partially cash if elected within 60 days) per the grant agreement.
• Ownership reporting: Units are held by The Livermore 2003 Trust (per footnote). The filing does not list a post-transaction total share count for Livermore outside the trust in the provided excerpt.
• Follow-up reporting: If the director elects partial cash settlement, that cash portion will be reported later (may appear as a disposition to the issuer on a subsequent Form 4).

Context Deferred stock unit grants to directors are a form of compensation and are common; because these units were awarded (not purchased), they are less indicative of a personal bullish purchase than an open-market buy. The units are vested immediately but will convert to stock (or partially cash) only at settlement events listed above.