STOCK TITAN

InterDigital (IDCC) CTO granted extra RSU-based shares via dividends

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

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Insider Pankaj Rajesh
Role Chief Technology Officer
Type Security Shares Price Value
Grant/Award Common Stock 26.97 $0.00 --
Holdings After Transaction: Common Stock — 72,476.462 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares acquired 26.9703 shares Grant/award acquisition of common stock on 2026-04-22
Price per share $0.0000 per share Equity award credited as restricted stock units
Total holdings after 72,476.4617 shares Direct common stock ownership following the award
Transaction code A Grant, award, or other acquisition of non-derivative common stock
Insider role Chief Technology Officer Reporting person’s position at InterDigital, Inc.
restricted stock units financial
"Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"Dividend equivalents accrue with respect to unvested restricted stock units when and as cash dividends are paid"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
unvested restricted stock units financial
"dividend equivalents credited on unvested restricted stock units previously granted to the reporting person"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pankaj Rajesh

(Last)(First)(Middle)
200 BELLEVUE PARKWAY
SUITE 300

(Street)
WILMINGTON DELAWARE 19809

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
InterDigital, Inc. [ IDCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/22/2026A(1)26.9703A$072,476.4617D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Ariel E. Greenstein, Attorney-in-Fact for Rajesh Pankaj04/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did InterDigital (IDCC) report for CTO Pankaj Rajesh?

InterDigital reported that CTO Pankaj Rajesh received 26.9703 shares of common stock as an equity award. These shares were credited as restricted stock units through dividend equivalents on his previously granted unvested RSUs, increasing his direct holdings to 72,476.4617 shares.

Was the InterDigital (IDCC) CTO’s Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It was classified as a grant or award acquisition, where 26.9703 common shares were received at a price of $0.0000 per share through restricted stock units tied to dividend equivalents on unvested RSUs.

How many InterDigital (IDCC) shares does the CTO hold after this Form 4 transaction?

After this transaction, CTO Pankaj Rajesh directly holds 72,476.4617 shares of InterDigital common stock. This reflects the addition of 26.9703 shares received as restricted stock units credited as dividend equivalents on his previously granted unvested restricted stock units.

What are dividend equivalents on unvested RSUs in the InterDigital (IDCC) filing?

Dividend equivalents are additional restricted stock units credited when cash dividends are paid on InterDigital’s common stock. In this filing, dividend equivalents were credited on previously granted unvested RSUs, resulting in 26.9703 new RSU-based common shares for CTO Pankaj Rajesh at no cash cost.

How is the InterDigital (IDCC) Form 4 transaction coded and what does it mean?

The transaction is coded “A” for a grant, award, or other acquisition. This means the CTO received 26.9703 shares of common stock as a compensation-related equity award, not through a market purchase or sale, and the shares were credited at a $0.0000 per-share price.