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Qualcomm | 4: Statement of changes in beneficial ownership of securities-Officer ACE HEATHER S

SEC ·  Dec 17, 2024 06:43

Summary by Futu AI

Qualcomm's Chief Human Resources Officer, Heather S. Ace, executed multiple stock transactions between 09/29/2023 and 12/15/2024. Ace gifted a total of 25,993 shares of common stock to a trust in two separate transactions: 14,283 shares on 09/29/2023 and 11,710 shares on 02/26/2024. These gifts were recorded at $0 per share.On 12/15/2024, Ace acquired 8,037 shares through the exercise of derivative securities at $0 per share. On the same day, she disposed of 3,506 shares at $158.53 per share, totaling $555,806.18, likely for tax liability or exercise price payment. After these transactions, Ace directly owned 13,196 shares and indirectly held 25,993 shares through a trust.The transactions reflect a mix of stock option exercises, gifts to a trust, and sales for financial obligations. The indirect ownership through the trust suggests estate planning or wealth management strategies by the executive.
Qualcomm's Chief Human Resources Officer, Heather S. Ace, executed multiple stock transactions between 09/29/2023 and 12/15/2024. Ace gifted a total of 25,993 shares of common stock to a trust in two separate transactions: 14,283 shares on 09/29/2023 and 11,710 shares on 02/26/2024. These gifts were recorded at $0 per share.On 12/15/2024, Ace acquired 8,037 shares through the exercise of derivative securities at $0 per share. On the same day, she disposed of 3,506 shares at $158.53 per share, totaling $555,806.18, likely for tax liability or exercise price payment. After these transactions, Ace directly owned 13,196 shares and indirectly held 25,993 shares through a trust.The transactions reflect a mix of stock option exercises, gifts to a trust, and sales for financial obligations. The indirect ownership through the trust suggests estate planning or wealth management strategies by the executive.

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