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IDCC (IDCC) insider plans multiple 2,975-share sales in Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

IDCC insider Liren Chen has filed a Form 144 indicating an intent to sell up to 2,975 shares of common stock through Morgan Stanley Smith Barney on NASDAQ, with an approximate sale date of 01/14/2026 and an aggregate market value of $930,342.00. The shares to be sold were acquired as performance shares from the issuer, including 1,029 shares on 03/15/2024 and 1,946 shares on 12/15/2024, both marked as not involving special payment terms. Over the past three months, Chen has reported several sales of 2,975 common shares each, including a sale on 12/31/2025 with gross proceeds of $967,886.50. By signing, the seller represents that there is no undisclosed material adverse information about the issuer’s operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the IDCC Form 144 filing disclose?

The filing discloses that Liren Chen intends to sell up to 2,975 shares of IDCC common stock through Morgan Stanley Smith Barney LLC on NASDAQ, with an approximate sale date of 01/14/2026 and an aggregate market value of $930,342.00.

How many IDCC shares has the insider recently sold?

Over the past three months, Liren Chen has reported multiple sales of 2,975 IDCC common shares on several dates, including 12/31/2025, 12/30/2025, 01/13/2026, 01/07/2026, and 01/06/2026, each with its own reported gross proceeds.

How were the IDCC shares in this Form 144 acquired?

The shares covered by this notice were acquired as performance shares from the issuer, including 1,029 shares on 03/15/2024 and 1,946 shares on 12/15/2024, with the payment terms described as Not Applicable.

Which broker is handling the planned IDCC share sale?

The planned sale of 2,975 IDCC common shares is listed to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

On which exchange are the IDCC shares to be sold?

The Form 144 states that the IDCC common shares covered by the notice are to be sold on the NASDAQ securities exchange.

What representation does the insider make by signing this Form 144?

By signing, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.

What were the gross proceeds from one recent IDCC share sale?

One example disclosed is a sale on 12/31/2025 by Liren Chen of 2,975 IDCC common shares, which generated reported gross proceeds of $967,886.50.

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