InterDigital (IDCC) CFO details RSU vesting, tax withholdings and 1,000-share gift
Rhea-AI Filing Summary
InterDigital, Inc.’s Chief Financial Officer Richard Brezski reported compensation-related stock activity and a charitable gift. On March 15, 2026, performance-based restricted stock units granted under the 2017 Equity Incentive Plan vested at 200% of his 2023-cycle target, totaling 20,578 units plus 852.5045 dividend-equivalent shares. The company withheld 13,284 shares, and small fractional amounts, at a price of $362.35 per share to cover tax liabilities and settle fractions, which are non-market dispositions. On March 16, 2026, he made a bona fide gift of 1,000 common shares to a donor advised fund. After these transactions, Brezski directly held 78,549.0638 common shares and indirectly held 1,951 shares through the InterDigital Savings and Protection Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,000 | $0.00 | -- |
| Grant/Award | Common Stock | 21,430.505 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,319 | $362.35 | $3.38M |
| Disposition | Common Stock | 0.505 | $362.35 | $182.81 |
| Tax Withholding | Common Stock | 3,965 | $362.35 | $1.44M |
| Disposition | Common Stock | 0.53 | $362.35 | $192.01 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 31, 2023 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2023 cycle performance goal, 200% of the reporting person's target performance-based restricted stock unit awards, or 20,578 restricted stock units, vested on March 15, 2026 together with 852.5045 additional shares representing accrued dividend equivalent units. The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the vesting of awards of performance-based restricted stock units described above. The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of awards of performance-based restricted stock units described above. The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability. The restricted stock units were granted to the reporting person on March 31, 2023, March 15, 2024 and March 31, 2025 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2026, together with accrued dividend equivalents. The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in the previous footnote. Represents a charitable donation to a donor advised fund. As of the most recently published account statement, the reporting person beneficially owned this number of whole shares of common stock pursuant to the InterDigital Savings and Protection Plan.