Qualcomm EVP, CFO & COO Akash Palkhiwala Sells $438K in Shares Under 10b5-1 Plan

Executive Summary

On October 20, 2026, Akash J. Palkhiwala, Executive Vice President, Chief Financial Officer & Chief Operating Officer of QUALCOMM Inc. ($QCOM), reported selling an aggregate of 2,500 shares of Qualcomm Common Stock. The shares were sold in multiple tranches at weighted average prices ranging from $171.88 to $176.58, generating total gross proceeds of approximately $437,646.55.

Transaction Details

• Security: Common Stock
• Transaction Date: October 20, 2026
• Transaction Code: S (Open market or private sale)
• Shares Sold: 2,500 shares
  • 176 shares at a weighted average price of $171.8844
  • 196 shares at a weighted average price of $172.8412
  • 144 shares at a weighted average price of $174.1337
  • 738 shares at a weighted average price of $174.8976
  • 940 shares at a weighted average price of $175.8889
  • 306 shares at a weighted average price of $176.5777
• Volume-Weighted Average Sale Price: ~$175.06
• Post-Transaction Holdings: 20,799 shares held directly

Trading Plan Context & Significance

• Rule 10b5-1 Plan: The transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted on December 8, 2025. Because these sales were pre-scheduled under a compliant plan, they reflect automated portfolio management rather than a discretionary market-timing decision.
• Significance Level: Low. The disposition represents approximately 10.7% of the insider's direct common stock position prior to the sales (23,299 shares reducing to 20,799 shares). Given the modest size relative to overall executive compensation and the programmatic nature of Rule 10b5-1 execution, this event is unlikely to impact market sentiment.