IDCC (NASDAQ: IDCC) insider Liren Chen plans 2,975-share sale

Rhea-AI Filing Summary

Liren Chen has filed a Form 144 notice indicating an intention to sell 2,975 shares of common stock through Morgan Stanley Smith Barney on or about January 6, 2026 on the NASDAQ market. The filing lists an aggregate market value of $993,888.00 for these shares.

The shares to be sold are described as performance shares acquired from the issuer on December 15, 2024, with the same date shown as the payment date. Over the prior three months, the same seller reported two additional sales of 2,975 common shares each, on December 30, 2025 and December 31, 2025, with gross proceeds of $980,262.50 and $967,886.50, respectively.

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

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	2975	993888.00	25744552	01/06/2026	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	12/15/2024	Performance Shares	ISSUER			2975	12/15/2024	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
LIREN CHEN 200 Bellevue Parkway, Suite 300 Wilmington DE 19809-3727	Common	12/31/2025	2975	967886.50
LIREN CHEN 200 Bellevue Parkway, Suite 300 Wilmington DE 19809-3727	Common	12/30/2025	2975	980262.50

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 filed by Liren Chen for IDCC indicate?

It indicates that Liren Chen expects to sell 2,975 shares of common stock, with an aggregate market value of $993,888.00, through a broker on or about January 6, 2026 on NASDAQ.

How many IDCC shares is Liren Chen planning to sell under this Form 144?

The notice covers a proposed sale of 2,975 shares of common stock, to be executed through Morgan Stanley Smith Barney LLC on NASDAQ.

When and how did Liren Chen acquire the IDCC shares to be sold?

The filing states that the 2,975 shares to be sold are performance shares acquired from the issuer on December 15, 2024, with the same date listed for payment.

What recent IDCC stock sales by Liren Chen are disclosed in the Form 144?

Over the past three months, the filing lists two sales by Liren Chen: 2,975 common shares sold on December 30, 2025 for $980,262.50, and another 2,975 shares on December 31, 2025 for $967,886.50 in gross proceeds.

Which broker is handling the planned sale of IDCC shares for Liren Chen?

The Form 144 identifies Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker for the proposed 2,975-share sale on NASDAQ.

On which exchange are the IDCC shares in this Form 144 expected to be sold?

The notice specifies that the 2,975 common shares covered by the Form 144 are expected to be sold on the NASDAQ exchange.