InterDigital CTO receives additional share units
InterDigital, Inc. Chief Technology Officer Pankaj Rajesh reported an automatic equity award rather than an open-market trade.
Sentiment and the balance of points
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Rhea-AI Filing Summary
InterDigital, Inc. Chief Technology Officer Pankaj Rajesh reported an automatic equity award rather than an open-market trade. On the reported date, he acquired 26.9703 shares of common stock at no cost, stemming from restricted stock units credited as dividend equivalents on previously granted unvested RSUs. Following this award, his direct holdings increased to 72,476.4617 shares of InterDigital common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26.9703 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units previously granted to the reporting person. Dividend equivalents accrue with respect to unvested restricted stock units when and as cash dividends are paid on InterDigital, Inc.'s common stock.
Key Figures
Key Terms
restricted stock units financial
dividend equivalents financial
unvested restricted stock units financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did InterDigital (IDCC) report for CTO Pankaj Rajesh?
Was the InterDigital (IDCC) CTO’s Form 4 transaction an open-market buy or sell?
What are dividend equivalents on unvested RSUs in the InterDigital (IDCC) filing?
How is the InterDigital (IDCC) Form 4 transaction coded and what does it mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.