InterDigital (IDCC) CFO adds RSUs from dividend equivalents, now holds over 82K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BREZSKI RICHARD reported acquisition or exercise transactions in this Form 4 filing.
InterDigital, Inc. Chief Financial Officer Richard Brezski reported a compensation-related equity update. He received 24.8243 restricted stock units as dividend equivalents credited on previously granted unvested restricted stock units, with a stated price of $0.0000 per share.
Following this grant, Brezski directly holds 82,872.8881 shares of common stock. He also indirectly beneficially owns 1,958 shares of common stock through the InterDigital Savings and Protection Plan, as shown by his 401(k) plan holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BREZSKI RICHARD
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24.824 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 82,872.888 shares (Direct, null);
Common Stock — 1,958 shares (Indirect, By 401k Plan)
Footnotes (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. 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.
Key Figures
RSUs granted via dividend equivalents: 24.8243 units at $0.0000/share
Direct common shares after transaction: 82,872.8881 shares
Indirect 401(k) plan shares: 1,958 shares
3 metrics
RSUs granted via dividend equivalents
24.8243 units at $0.0000/share
Restricted stock units credited on unvested RSUs
Direct common shares after transaction
82,872.8881 shares
Direct holdings following RSU dividend-equivalent grant
Indirect 401(k) plan shares
1,958 shares
Beneficially owned via InterDigital Savings and Protection Plan
Key Terms
restricted stock units, dividend equivalents, InterDigital Savings and Protection Plan
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 accrue with respect to 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.
InterDigital Savings and Protection Plan financial
"beneficially owned this number of whole shares of common stock pursuant to the InterDigital Savings and Protection Plan"
FAQ
What did InterDigital (IDCC) CFO Richard Brezski report in this Form 4?
InterDigital CFO Richard Brezski reported a grant of 24.8243 restricted stock units tied to dividend equivalents on previously granted unvested RSUs. These units were credited at $0.0000 per share, reflecting a routine, compensation-related equity accrual.
Did the InterDigital (IDCC) CFO pay cash for the new restricted stock units?
No, the CFO did not pay cash for these units. The Form 4 shows 24.8243 restricted stock units credited at a transaction price of $0.0000 per share, reflecting a non-cash, compensation-related award through dividend equivalents on unvested RSUs.