CHAPLIN ANN C

EVP Chaplin sells 7,180 QCOM shares for $1,278,237.75; stock down -8.2% from 52-week high.

Ann C. Chaplin, EVP and General Counsel & Corporate Secretary, executed 3 separate sales totaling 7,180 shares for $1,278,237.75 on 2025-12-16, reducing her holdings by 23.1% from 31,124 to 23,944 shares. The sales were priced at $177.51, $178.44, and $179.00, yielding a blended average of $178.03, which is 3.3% above the current price of $172.34 and just 5.0% below the 52-week high of $187.68. Chaplin's prior sales at QCOM (2 trades in 2024) were well-timed at the 90-day mark, with average 90-day returns of -3.1% and -3.7%, establishing a pattern of selling before subsequent declines. The current trade, executed when the stock trades 8.2% below its 52-week high and just 3.4% higher than 30 days prior, occurs amid a company with strong fundamentals (net income $2.7B on revenue of $10.4B, growing 13.7% annually) trading at a 34.13 P/E, leaving investors to weigh material reduction by a top executive against stable operational performance.

Qualcomm General Counsel Ann Chaplin sells 7,717 shares in 2 transactions for $1,239,288.37 at blended avg $160.59

Ann Chaplin, General Counsel and Corporate Secretary, executed 2 separate sales totaling 7,717 shares for $1,239,288.37, reducing her holdings by 31.0% from 24,870 to 17,153 shares. The sales occurred at $159.98 and $160.99 on 2024-12-10, near the current price of $159.83 and well below the 52-week high of $227.09. The reduction in holdings is material in percentage terms but occurs in a context where Qualcomm maintains solid fundamentals: $9.4B quarterly revenue, $2.1B net income, 8.8% annual revenue growth, and a 15.28 P/E ratio. The timing and magnitude of this sale relative to prior insider activity patterns and company valuation levels provide the primary signals for investor review.