InterDigital (IDCC) chief licensing officer granted RSU dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. Chief Licensing Officer Julia C. Mattis received an automatic grant of additional common stock as part of her existing equity compensation. She acquired 16.3617 shares of common stock at no cost, credited as restricted stock units from dividend equivalents on previously granted unvested RSUs.
Following this award, Mattis directly holds a total of 13,138.3091 shares of common stock. The transaction reflects routine compensation-related accruals tied to cash dividends on InterDigital’s common stock rather than any open-market purchase or sale decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mattis Julia C
Role
Chief Licensing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16.362 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,138.309 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 16.3617 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 13,138.3091 shares
3 metrics
RSUs granted
16.3617 shares
Restricted stock units from dividend equivalents on unvested RSUs
Grant price per share
$0.0000 per share
Price for the RSU dividend-equivalent award
Shares held after transaction
13,138.3091 shares
Direct common stock holdings of Julia C. Mattis after the award
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 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.
unvested restricted stock units financial
"dividend equivalents credited on unvested restricted stock units previously granted to the reporting person"
FAQ
What did InterDigital (IDCC) executive Julia C. Mattis report on this Form 4?
Julia C. Mattis reported an automatic acquisition of common stock. She received 16.3617 shares as restricted stock units from dividend equivalents on previously granted unvested RSUs, increasing her direct holdings to 13,138.3091 shares of InterDigital common stock.
Was the InterDigital (IDCC) Form 4 transaction an open-market buy or sell?
The Form 4 transaction was not an open-market buy or sell. It reflects a grant of 16.3617 restricted stock units awarded at no cost as dividend equivalents on unvested RSUs, a routine compensation-related adjustment rather than a discretionary trade in InterDigital shares.
What are dividend equivalents on unvested restricted stock units at InterDigital (IDCC)?
Dividend equivalents are additional units credited when cash dividends are paid on InterDigital common stock. For unvested restricted stock units, these equivalents accrue as extra RSUs, like the 16.3617 shares granted to Julia C. Mattis, aligning compensation with shareholder dividend distributions.
What does transaction code "A" mean in the InterDigital (IDCC) Form 4?
Transaction code "A" indicates a grant, award, or other acquisition of securities. In this case, Julia C. Mattis received 16.3617 restricted stock units at a price of $0.0000 per share, representing dividend-equivalent credits on her unvested restricted stock units in InterDigital.