InterDigital (IDCC) director’s Rule 10b5-1 sale covers RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. director John A. Kritzmacher reported an open-market sale of 365 shares of common stock at $276.64 per share. After this transaction, he directly holds 16,359 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan to cover estimated tax obligations from vesting restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 365 shares ($100,974)
Net Sell
1 txn
Insider
KRITZMACHER JOHN A
Role
null
Sold
365 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 365 | $276.64 | $101K |
Holdings After Transaction:
Common Stock — 16,359 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 365 shares
Sale price: $276.64 per share
Shares held after sale: 16,359 shares
+1 more
4 metrics
Shares sold
365 shares
Open-market sale of common stock on June 12, 2026
Sale price
$276.64 per share
Price for the 365 shares sold
Shares held after sale
16,359 shares
Direct ownership following the reported transaction
Rule 10b5-1 plan adoption date
August 12, 2025
Plan used to execute the sale and cover tax obligations
Key Terms
Rule 10b5-1 trading plan, restricted stock units, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"estimated tax obligations in connection with the vesting of 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did InterDigital (IDCC) report for John A. Kritzmacher?
InterDigital director John A. Kritzmacher reported selling 365 shares of common stock. The shares were sold in an open-market transaction at $276.64 per share, and the trade was made under a Rule 10b5-1 plan established to handle estimated tax obligations.
Was the InterDigital (IDCC) insider sale under a Rule 10b5-1 trading plan?
Yes, the sale was executed under a Rule 10b5-1 trading plan adopted on August 12, 2025. The footnote states the plan was designed to cover Kritzmacher’s estimated tax obligations arising from the vesting of restricted stock units.