Henderson Jeffrey William 4

What Happened

• Jeffrey W. Henderson, a director of Qualcomm Incorporated (QCOM), was granted 2,563 Deferred Stock Units on March 17, 2026. The units were reported as acquired at $0.00 (no cash purchase); total reported value on the Form 4 is $0. This was an award (grant), not an open‑market buy or sale.

Key Details

• Transaction date and price: 2026-03-17; 2,563 units; $0.00 per unit.
• Filing date: Form 4 filed 2026-03-18 (timely reporting, filed the next business day).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: These are Annual Deferred Stock Units under the Qualcomm 2026 Director Compensation Plan. They are 100% vested on the grant date and will be settled in shares (or partially in cash if the director elects within 60 days) on the earlier of March 17, 2029, death, disability, or a change in control. Any partial cash settlement would be reported later as a disposition to the issuer.

Context

• Deferred Stock Units are a form of equity compensation for directors; because these units are fully vested on grant, the award increases the director’s future entitlement to company shares but is not an immediate cash transaction.
• This is an award (compensation) rather than a purchase or sale, so it should not be read as a direct market‑timed trade by the director. Directors commonly receive annual equity awards as part of standard compensation.