Akash Palkhiwala J., EVP, CFO, COO at Qualcomm Inc/De, Sells Shares Worth $457,129

Qualcomm Inc/De (QCOM) disclosed that Akash Palkhiwala J., who holds the position of EVP, CFO, COO at the company, was involved in selling 2,500 shares, per a Form 4 filing with the SEC.

The transaction was executed at a price of $182.85 per share, for a total value of approximately $457,129.

Company insiders are required to disclose changes in their stock ownership to the SEC on Form 4, typically within two business days of the trade.

Insider sales are common and can occur for reasons unrelated to a company's outlook, including scheduled trading plans, diversification, or personal financial planning.