Baaziz Achour, Executive Vice President and Chief Technology Officer of Qualcomm Incorporated (NASDAQ:QCOM), filed a Form 4 on November 2, 2026, reporting restricted stock unit vesting transactions dated October 31, 2026.

Key Highlights

  • Reporting person: Baaziz Achour, EVP and Chief Technology Officer of QUALCOMM INC/DE (NASDAQ:QCOM)
  • RSU vesting - primary award: 4,980 shares of Common Stock were acquired on October 31, 2026 via transaction code M (conversion of Restricted Stock Units) at $0.0 per share, held indirectly by trust
  • Tax withholding - primary award: 2,352 shares were disposed of on October 31, 2026 via transaction code F at $164.79 per share to cover tax liability, held indirectly by trust
  • RSU vesting - retirement-triggered award: 769 shares were acquired via transaction code M at $0.0, with a matching 769 shares disposed of at $164.79 for tax withholding, per the filing's note that these RSUs "became fully vested upon the reporting person's attainment of Normal Retirement Age"
  • Post-transaction beneficial ownership: 95,191 shares of Common Stock held indirectly by trust, following all reported transactions
  • Remaining RSU balance: 11,501.0826 Restricted Stock Units remain directly owned after the reported transactions, with vesting dates extending through October 31, 2028

Achour Baaziz RSU Transactions and Qualcomm Equity Award Structure

According to the filing, Baaziz Achour serves as Executive Vice President and Chief Technology Officer at Qualcomm Incorporated, a semiconductor and wireless technology company headquartered at 5775 Morehouse Dr., San Diego, California. The transactions on October 31, 2026 involved two separate Restricted Stock Unit awards, each settled into shares of Qualcomm Common Stock on a one-for-one basis, as the filing states that "each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock."

For the primary award, 4,980 shares were acquired upon RSU conversion (transaction code M) and 2,352 shares were simultaneously disposed of (transaction code F) at $164.79 per share to satisfy associated tax obligations. A second, smaller vesting event involved 769 shares acquired via RSU conversion and an equal 769 shares disposed of at $164.79. The filing notes that the RSUs underlying the second event, granted in October 2025, "became fully vested upon the reporting person's attainment of Normal Retirement Age (as defined in such agreements)," with the disposed shares representing amounts withheld to cover the related tax liability.

The filing reports that all shares are held indirectly through the reporting person's family trust, of which Achour and his spouse serve as co-trustees and of which members of his immediate family are the sole beneficiaries. Prior to these transactions, Achour held 97,543 shares indirectly; following all disposals, the trust held 95,191 shares. On the derivative securities side, the filing shows that after the vesting events, 11,501.0826 Restricted Stock Units remain outstanding, continuing to vest in equal one-third amounts on October 31, 2026, 2027, and 2028, subject to continued employment or qualifying retirement conditions.

What Was Disclosed

Baaziz Achour, Qualcomm's Chief Technology Officer, disclosed RSU vesting and associated tax-withholding share disposals on October 31, 2026. Following all transactions, his family trust held 95,191 shares of Common Stock and he retained 11,501.0826 RSUs directly.