InterDigital (NASDAQ: IDCC) director receives RSU dividend grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. director Joan H. Gillman reported a compensation-related share acquisition. She received 37.2364 shares of common stock on April 22, 2026 through restricted stock units credited as dividend equivalents on previously granted unvested RSUs. These awards carry no cash purchase price.
Following this grant, Gillman directly holds a total of 22,073.1381 shares of InterDigital common stock. The transaction reflects routine equity compensation tied to cash dividends paid on the company’s common stock, rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gillman Joan H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 37.236 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,073.138 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU dividend grant: 37.2364 shares
Holdings after transaction: 22,073.1381 shares
Grant price per share: $0.0000 per share
3 metrics
RSU dividend grant
37.2364 shares
Restricted stock units credited as dividend equivalents on 2026-04-22
Holdings after transaction
22,073.1381 shares
Total InterDigital common stock directly held by Gillman after grant
Grant price per share
$0.0000 per share
Reported acquisition price for RSU-based common stock
Key Terms
restricted stock units, dividend equivalents, unvested restricted stock units
3 terms
restricted stock units financial
"Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units"
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 credited on 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"
FAQ
What did InterDigital (IDCC) director Joan H. Gillman report on this Form 4?
Director Joan H. Gillman reported receiving 37.2364 InterDigital common shares through restricted stock units. These RSUs were credited as dividend equivalents on unvested RSUs, reflecting routine equity compensation rather than an open-market stock purchase or sale.
What is the nature of the equity award reported for InterDigital (IDCC) director Gillman?
The award is a grant of restricted stock units received as dividend equivalents on unvested RSUs. Dividend equivalents accrue when InterDigital pays cash dividends on its common stock, increasing RSU-based share entitlement without involving open-market transactions.
Does this InterDigital (IDCC) Form 4 show any stock sales by Joan H. Gillman?
This Form 4 does not report any stock sales by Joan H. Gillman. It shows only an acquisition of 37.2364 common shares through dividend-equivalent restricted stock units, increasing her direct holdings to a total of 22,073.1381 shares.