Dividend equivalents add stock units for InterDigital (NASDAQ: IDCC) CLO

Rhea-AI Filing Summary

InterDigital, Inc. reported that Joshua D. Schmidt, its CLO & Corporate Secretary, acquired 26.7673 restricted stock units tied to common stock. These units were credited as dividend equivalents on previously granted unvested restricted stock units. After this automatic grant, his directly reported holdings for this security total 30,074.3878 shares.

Insider Trade Summary

Net Buyer: 26.7673 shares

Net Buy 1 txn

Insider Schmidt Joshua D.

Role CLO & Corp Secretary

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	26.7673	$0.00	$0.00

Holdings After Transaction: Common Stock — 30,074.3878 shares (Direct)

Footnotes (1)

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

Restricted stock units acquired: 26.7673 units Price per unit: $0.0000 Holdings after transaction: 30,074.3878 shares +1 more

4 metrics

Restricted stock units acquired 26.7673 units Restricted stock units received as dividend equivalents on unvested RSUs

Price per unit $0.0000 Reported transaction price per share for the RSU grant

Holdings after transaction 30,074.3878 shares Directly reported holdings for this security following the grant

Transactions acquiring securities 1 transaction Single acquisition transaction reported in transaction summary

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"

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

"pursuant to dividend equivalents credited on unvested restricted stock units previously granted"

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"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/24/2026 - 06:35 AM Accepted by SEC EDGAR 07/24/2026 - 06:35 AM Learn about SEC filing dates

FAQ

What insider transaction did InterDigital (IDCC) disclose for Joshua D. Schmidt?

InterDigital (IDCC) disclosed that Joshua D. Schmidt received 26.7673 restricted stock units tied to common stock. These were credited as dividend equivalents on previously granted unvested restricted stock units, increasing his directly reported holdings for this security to 30,074.3878 shares.

How many restricted stock units did Joshua D. Schmidt of InterDigital (IDCC) receive?

Joshua D. Schmidt received 26.7673 additional restricted stock units representing InterDigital common stock. According to the footnote, they were issued as dividend equivalents that accrue when cash dividends are paid on the company’s common stock and apply to his unvested restricted stock units.

What is Joshua D. Schmidt’s total direct position after this Form 4 for IDCC?

Following the reported acquisition, Joshua D. Schmidt’s directly reported holdings for this security total 30,074.3878 shares. This figure reflects the addition of 26.7673 restricted stock units credited as dividend equivalents on his previously granted unvested restricted stock units.

Was the InterDigital (IDCC) Form 4 transaction under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not checked, meaning this dividend-equivalent grant is not identified as made under a Rule 10b5-1 trading plan. It is described instead as an automatic credit of restricted stock units.

What type of security is involved in Joshua D. Schmidt’s IDCC Form 4 filing?

The filing reports Common Stock as the security, with footnotes clarifying these are restricted stock units received as dividend equivalents. The units are tied to InterDigital’s common stock and relate to previously granted unvested restricted stock units.

SEC Form 4

FORM 4

UNITED 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^*

Schmidt Joshua D.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CLO & Corp Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/22/2026		A(1)		26.7673	A	$0	30,074.3878	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Joshua D. Schmidt	07/24/2026
	** Signature of Reporting Person	Date
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)