Rajesh Pankaj reports $837K in common stock sales, IDCC (NASDAQ: IDCC)

Rhea-AI Filing Summary

Rajesh Pankaj reported sales of Common Stock under Rule 144. The notices list three transactions: 1,500 shares sold on 06/11/2026 for $435,000, 750 shares sold on 06/05/2026 for $193,785, and 750 shares sold on 05/05/2026 for $208,500. The record also shows 1,500 Performance Shares tied to a grant dated 03/15/2025.

Insights

Compliance & Insider Transactions Specialist

Routine Rule 144 disclosures reporting multiple secondary sales by an insider.

These entries show four distinct items: three completed dispositions of Common Stock with exact share counts and dollar amounts, and a separate line for Performance Shares (1,500) dated 03/15/2025. The broker of record is Morgan Stanley Smith Barney LLC.

The data are descriptive: they list transaction dates, share counts, and gross proceeds. No statements about authority, holding period, or exemptions appear in the excerpt; subsequent public filings may provide attribution or context regarding trading plans or lockups.

Key Figures

Shares sold (06/11/2026): 1,500 shares Proceeds (06/11/2026): $435,000 Shares sold (06/05/2026): 750 shares +4 more

7 metrics

Shares sold (06/11/2026) 1,500 shares Common stock sale on <date>06/11/2026</date>

Proceeds (06/11/2026) $435,000 Gross proceeds reported for the 1,500-share sale

Shares sold (06/05/2026) 750 shares Common stock sale on <date>06/05/2026</date>

Proceeds (06/05/2026) $193,785 Gross proceeds reported for the 750-share sale

Shares sold (05/05/2026) 750 shares Common stock sale on <date>05/05/2026</date>

Proceeds (05/05/2026) $208,500 Gross proceeds reported for the 750-share sale

Performance Shares listed 1,500 shares Performance Shares dated <date>03/15/2025</date>

Key Terms

Rule 144, Performance Shares, Broker-Dealer, Gross proceeds

4 terms

Rule 144 regulatory

"Securities Sold During The Past 3 Months (header context)"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Performance Shares financial

"Common | 03/15/2025 | Performance Shares"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Broker-Dealer market

"Morgan Stanley Smith Barney LLC Executive Financial Services"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

Gross proceeds financial

"1500 | 435000.00 (dollar amounts listed beside trades)"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

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Available on EDGAR 07/06/2026 - 04:09 PM Accepted by SEC EDGAR 07/06/2026 - 04:09 PM Learn about SEC filing dates

FAQ

What did Rajesh Pankaj sell according to the Form 144?

He reported sales of Common Stock totaling 3,000 shares across three transactions. The notices show 1,500 shares on 06/11/2026, 750 shares on 06/05/2026, and 750 shares on 05/05/2026, with listed gross proceeds for each trade.

How much gross proceeds are shown for the reported transactions?

The notices list aggregate gross proceeds of $837,285 across three trades. Individual amounts are $435,000, $193,785, and $208,500 tied to the respective trade dates in the excerpt.

Are any securities to be sold still listed in the excerpt for Rajesh Pankaj?

Yes. The excerpt lists 1,500 Performance Shares associated with an issuer entry dated 03/15/2025. The line labels these as Performance Shares and indicates an issuer context in the table.

Which broker-dealer is named in the provided notice?

The broker-dealer shown is Morgan Stanley Smith Barney LLC at 1 New York Plaza. That broker appears in the securities-to-be-sold section of the excerpt tied to the transactions.

Does the excerpt state whether the sales were part of a trading plan or exempt transaction?

No. The provided excerpt does not state whether the sales were conducted under a Rule 10b5-1 plan or another exemption. The text lists dates, share counts, and dollar amounts only.

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	1500	429000.00	25845029	07/06/2026	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	03/15/2025	Performance Shares	ISSUER			1500	03/15/2025	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 PANKAJ 200 Bellevue Parkway, Suite 300 Wilmington DE 19809-3727	Common	06/11/2026	1500	435000.00
RAJESH PANKAJ 200 Bellevue Parkway, Suite 300 Wilmington DE 19809-3727	Common	06/05/2026	750	193785.00
RAJESH PANKAJ 200 Bellevue Parkway, Suite 300 Wilmington DE 19809-3727	Common	05/05/2026	750	208500.00

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)