Summary by Moomoo AI
Qualcomm's CFO, Akash Palkhiwala, plans to sell 3,000 shares of the company's common stock on 12/05/2024. The shares, acquired through an option exercise on 08/23/2020, have an aggregate market value of approximately $481,170.In the past 3 months, Palkhiwala has sold a total of 9,000 shares, generating gross proceeds of about $1,487,071.69. Previous sales include 3,000 shares on 10/01/2024 for $498,007.81, 3,000 shares on 09/03/2024 for $497,788.54, and 3,000 shares on 11/14/2024 for $491,275.34.The planned sale is part of a pre-established trading plan adopted on 12/07/2023. This transaction is consistent with Palkhiwala's ongoing strategy to manage his equity holdings in Qualcomm.