EVP, CFO & COO sells $457k of stock

What did QUALCOMM INC/DE announce?

Akash J. Palkhiwala, EVP, CFO & COO, sold 2,500 shares for a total value of $457,129.03 under a 10b5-1 plan.

Key details

• Akash J. Palkhiwala, EVP, CFO & COO, disposed of 2,500 shares of common stock.
• The total value of the transaction was $457,129.03.
• The sale was conducted under a pre-arranged 10b5-1 trading plan.

Why it matters

This 4 reports an insider transaction at QUALCOMM INC/DE. The likely share-price reaction reads as neutral.

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