InterDigital (IDCC) Form 144 Discloses Insider Sale and Prior Disposition

Rhea-AI Filing Summary

Form 144 for InterDigital, Inc. (IDCC) shows a proposed sale of 1,000 common shares through Morgan Stanley Smith Barney, with an aggregate market value reported as $261,030 and an approximate per-share value of $261.03. The planned sale date is 08/20/2025 and the filing reports 25,802,360 shares outstanding. The filer acquired the 1,000 shares as restricted stock from the issuer on 08/15/2024 with payment recorded the same day. The filing also discloses a prior sale by the same person of 1,000 shares on 07/07/2025 for gross proceeds of $224,580. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Transaction transparency: The filing provides broker, dates, quantities, and aggregate values for the proposed sale, supporting regulatory disclosure requirements.
• Acquisition documented: The 1,000 shares were acquired as Restricted Stock from the issuer on 08/15/2024 with the date of payment recorded.

Negative

• Insider sale activity: The filing documents an insider/planned seller disposing of shares (1,000 proposed on 08/20/2025 and 1,000 sold on 07/07/2025), which investors may view as a negative signal depending on context.
• Price discrepancy between sales: The earlier sale on 07/07/2025 realized $224.58 per share versus the proposed sale showing a market value of $261.03 per share, indicating variation in transaction pricing.

Insights

Securities Analyst

TL;DR: Routine insider notice: small-scale proposed sale and prior sale documented; no new operational or financial disclosures.

The filing documents a proposed sale of 1,000 common shares of IDCC via Morgan Stanley Smith Barney on 08/20/2025, valued at $261,030 in aggregate, and reports outstanding shares of 25,802,360. Acquisition records show those 1,000 shares were issued as restricted stock on 08/15/2024. A prior sale of 1,000 shares on 07/07/2025 produced $224,580 in gross proceeds. This Form 144 is procedural and required for certain insider sales; it does not include issuer financial results or operational developments. For investors, the filing provides transparency about insider transactions but does not by itself indicate material change to company fundamentals.

Corporate Governance Specialist

TL;DR: Disclosure complies with Rule 144 mechanics; shows recent restricted share issuance and subsequent insider dispositions.

The document shows the person received 1,000 restricted shares from the issuer on 08/15/2024 and intends to sell those shares through an authorized broker on 08/20/2025. It also records a previous sale of 1,000 shares on 07/07/2025 for $224,580. The filing contains the required representation that the seller is unaware of undisclosed material adverse information and includes broker and transaction details. This is a compliance disclosure that aids market transparency; it does not provide evidence of governance issues or operational events beyond the securities transfers reported.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1000	261030.00	25802360	08/20/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/15/2024	Restricted Stock	ISSUER			1000	08/15/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
RAJESH K PANKAJ 200 Bellevue Parkway, Suite 300 Wilmington DE 19809-3727	Common	07/07/2025	1000	224580.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for IDCC report?

It reports a proposed sale of 1,000 common shares through Morgan Stanley Smith Barney for an aggregate market value of $261,030, with an approximate sale date of 08/20/2025.

When and how were the shares being sold acquired?

The 1,000 shares were acquired as Restricted Stock from the issuer on 08/15/2024, with payment recorded on the same date.

Has the filer sold shares recently before this proposed sale?

Yes. The filing discloses a prior sale by the same person of 1,000 shares on 07/07/2025 for gross proceeds of $224,580.

How many shares of the issuer are outstanding according to the filing?

The filing reports 25,802,360 shares outstanding.

Which broker is handling the proposed sale?

The broker named is Morgan Stanley Smith Barney LLC Executive Financial Services located at 1 New York Plaza, 8th Floor, New York, NY 10004.