Qualcomm EVP & CTO Baaziz Achour Reports RSU Vesting and Routine Tax Withholding

Executive Summary

On November 2, 2026, Qualcomm Inc. ($QCOM) reported equity award activity for Baaziz Achour, Executive Vice President and Chief Technology Officer. The transactions, dated October 31, 2026, involved the vesting of Restricted Stock Units (RSUs) and standard statutory share withholding to cover tax obligations. No open-market purchases or discretionary sales took place.

Transaction Details

• RSU Conversions (Code M):
  • 4,980 shares of common stock were acquired upon vesting of RSUs.
  • 769 shares of common stock were acquired following accelerated vesting upon attainment of normal retirement age.
  • Total shares acquired: 5,749 shares at $0.00 exercise price.
• Tax Withholdings (Code F):
  • 2,352 shares withheld at $164.79 per share to satisfy tax obligations on the first tranche.
  • 769 shares withheld at $164.79 per share to satisfy tax obligations on the retirement-vested tranche.
  • Total shares withheld: 3,121 shares valued at approximately $514,309.59.
• Net Impact: Achour net-added 2,628 common shares to his trust holdings.

Ownership Post-Transaction

Following the transactions, Achour indirectly holds 95,191 shares of Qualcomm common stock through a family trust where he and his spouse serve as trustees. He also retains 11,501.08 unvested RSUs.

Market Significance

This filing carries Low trading significance as it represents standard administrative vesting and non-discretionary tax withholding rather than market-driven sentiment.