Business Context and Reporting Period
This Form 8-K Current Report was filed by QUALCOMM Incorporated on September 2, 2025. The filing reports a corporate governance event involving the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the election of a new director to the Board of Directors.
- New Director: Dr. Jeremy (Zico) Kolter, Professor and Department Head of the Machine Learning Department at Carnegie Mellon University.
- Term: Expires at the Company's next annual meeting of stockholders.
- Committee Assignment: Appointed to the Governance Committee.
- Compensation: Granted 1,049 deferred stock units (DSUs) representing a pro rata portion of the annual award under the 2025 Director Compensation Plan.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The report confirms there are no undisclosed arrangements or transactions involving Dr. Kolter required to be reported under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the full terms of the 2025 Director Compensation Plan referenced in Exhibit 10.21 of the fiscal year 2024 Form 10-K.
- Confirm the date of the next annual meeting of stockholders to determine the exact expiration of Dr. Kolter's term.
- Review the Governance Committee charter to understand the specific responsibilities assigned to the new director.