Director at InterDigital (IDCC) receives 906-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. director John A. Kritzmacher reported routine equity compensation and a small related share adjustment. On June 10, 2026, he acquired 906 shares of common stock at $0.00 per share as a grant under the company’s 2025 Equity Incentive Plan for non-management directors.
On June 11, 2026, he disposed of 0.8644 share back to the issuer at $253.91 per share through a cash settlement of a fractional share tied to the vesting of previously granted restricted stock units and associated dividend equivalent units. After these transactions, he directly held 16,724 shares of InterDigital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KRITZMACHER JOHN A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 0.864 | $253.91 | $219.48 |
| Grant/Award | Common Stock | 906 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,724 shares (Direct, null)
Footnotes (1)
- An annual award of restricted stock units granted pursuant to the company's 2025 Equity Incentive Plan in accordance with the company's compensation program for non-management directors. The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units. The restricted stock units were granted to the reporting person on June 11, 2025 pursuant to the company's 2025 Equity Incentive Plan in accordance with the company's compensation program for non-employee directors and vested in full on June 11, 2026, together with accrued dividend equivalent units.
Key Figures
Stock grant: 906 shares
Fractional share disposition: 0.8644 share
Post-transaction holdings: 16,724 shares
+2 more
5 metrics
Stock grant
906 shares
Common stock awarded on June 10, 2026 at $0.00 per share
Fractional share disposition
0.8644 share
Disposed to issuer on June 11, 2026 at $253.91 per share
Post-transaction holdings
16,724 shares
Common stock directly held after reported transactions
Grant price
$0.00 per share
Award of common stock under 2025 Equity Incentive Plan
Cash settlement price
$253.91 per share
Settlement of fractional share on RSU vesting
Key Terms
restricted stock units, 2025 Equity Incentive Plan, dividend equivalent units, cash settlement
4 terms
restricted stock units financial
"An annual award of restricted stock units granted pursuant to the company's 2025 Equity Incentive Plan"
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.
2025 Equity Incentive Plan financial
"granted pursuant to the company's 2025 Equity Incentive Plan in accordance with the company's compensation program"
dividend equivalent units financial
"vested in full on June 11, 2026, together with accrued dividend equivalent units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
cash settlement financial
"reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units"
Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.
FAQ
What insider transactions did InterDigital (IDCC) director John A. Kritzmacher report?
John A. Kritzmacher reported one equity grant and one small share disposition. He received 906 shares of InterDigital common stock as a stock award and disposed of 0.8644 share back to the company in a cash settlement of a fractional share tied to vesting.