Heather S. Ace, Executive Vice President and Chief HR Officer of Qualcomm Inc/DE (NASDAQ:QCOM), filed a Form 4 on November 2, 2026, reporting the vesting and partial withholding of restricted stock units on October 31, 2026.

Key Highlights

  • RSU vesting: 5,134.1749 restricted stock units converted to 5,134 shares of Qualcomm common stock on October 31, 2026, at $0.00 per unit (transaction code M).
  • Shares withheld for taxes: 2,477 shares were disposed of (transaction code F) at $164.79 per share on the same date to cover tax obligations.
  • Remaining indirect holdings: Following the transactions, Ace beneficially owns 42,579 shares of common stock indirectly through a family trust.
  • Remaining RSUs: 10,269.3709 restricted stock units remain outstanding, held directly, with future vesting dates of October 31, 2027 and October 31, 2028.
  • Vesting schedule: According to the filing, the RSUs vest in equal one-third amounts on October 31, 2026, 2027, and 2028.
  • Trust structure: The shares are held by the reporting person's family trust, for which Ace and her spouse serve as trustees, with immediate family members as sole beneficiaries.

Qualcomm Chief HR Officer Reports October 31 RSU Vesting and Tax Withholding

According to the Form 4 filed with the SEC on November 2, 2026, Heather S. Ace, EVP and Chief HR Officer of Qualcomm Inc/DE, reported two transactions in Qualcomm common stock on October 31, 2026. The first was the acquisition of 5,134 shares through the vesting of restricted stock units at a price of $0.00, reflecting a conversion from RSUs to common stock rather than an open-market purchase. The filing notes that each restricted stock unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.

The second transaction involved the disposition of 2,477 shares at $164.79 per share under transaction code F, which the filing records as shares disposed of in connection with the RSU vesting. Following both transactions, Ace beneficially owns 42,579 shares of common stock indirectly through a family trust. The filing explains that the trust is one for which Ace and her spouse are trustees, and members of her immediate family are the sole beneficiaries.

On the derivative securities side, the filing reports that 5,134.1749 restricted stock units vested on October 31, 2026. After this vesting, 10,269.3709 RSUs remain, held directly, with the next two vesting installments scheduled for October 31, 2027 and October 31, 2028. The filing was signed by Jon Russo as attorney-in-fact for Heather S. Ace on November 2, 2026.

What Was Disclosed

The filing disclosed the October 31, 2026 vesting of 5,134.1749 RSUs into common stock, the withholding of 2,477 shares at $164.79 for tax purposes, and a post-transaction indirect beneficial ownership of 42,579 shares held through a family trust, with 10,269.3709 RSUs remaining.