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.