IDCC (IDCC) insider plans 2,975-share NASDAQ sale under Form 144
Rhea-AI Filing Summary
This notice on Form 144 reports a planned sale of 2,975 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ. The shares to be sold have an aggregate market value of $971,962.25, while 25,744,552 shares of this class were outstanding at the time referenced. The securities were acquired on 03/15/2024 as performance shares from the issuer, with the full amount of 2,975 shares acquired on that date.
Over the past three months, the seller, Liren Chen, has completed multiple sales of 2,975 common shares on several dates, including 12/31/2025 for gross proceeds of $967,886.50 and 01/06/2026 for $993,888.00. By signing the notice, the seller represents that they do not know of any material adverse information about the issuer’s operations that has not been publicly disclosed, and acknowledges the representations required if relying on a Rule 10b5-1 trading plan.
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FAQ
What does this Form 144 filing for IDCC disclose?
This Form 144 discloses a planned sale of 2,975 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ, with an aggregate market value of $971,962.25.
Who is the seller named in this IDCC Form 144 filing?
The seller listed is Liren Chen, with an address at 200 Bellevue Parkway, Suite 300, Wilmington, DE 19809-3727, as shown in the section covering securities sold during the past three months.
What representation does the seller make about IDCC in this Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and acknowledges additional representations if a Rule 10b5-1 trading plan is used.