James J. Cathey - 11 Jan 2024 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Signature
By: Jon Russo, Attorney-in-Fact For: James J. Cathey
Issuer symbol
QCOM
Transactions as of
11 Jan 2024
Net transactions value
-$139,000
Form type
4
Filing time
11 Jan 2024, 17:35:34 UTC
Previous filing
18 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Sale $139,000 -1,000 -17% $139.00 4,972 11 Jan 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2023.