InterDigital (IDCC) director Derek Aberle reports RSU grant and minor share adjustment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. director Derek K. Aberle reported routine equity compensation and a minor related adjustment. He received an annual grant of 906 restricted stock units under the company’s 2025 Equity Incentive Plan for non-employee directors. In a separate transaction, 0.8644 of a share was settled in cash to resolve a fractional share created upon vesting of these units. Following these transactions, Aberle directly holds 8,142 shares of InterDigital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ABERLE DEREK K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 0.864 | $253.91 | $219.48 |
| Grant/Award | Common Stock | 906 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,142 shares (Direct, null)
Footnotes (1)
- An annual award of restricted stock units granted pursuant to the company's 2025 Equity Incentive Plan in accordance with the company's compensation program for non-management directors. The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units. The restricted stock units were granted to the reporting person on June 11, 2025 pursuant to the company's 2025 Equity Incentive Plan in accordance with the company's compensation program for non-employee directors and vested in full on June 11, 2026, together with accrued dividend equivalent units.
Key Figures
RSU grant size: 906 shares
Fractional share settled: 0.8644 share
Settlement price: $253.91 per share
+1 more
4 metrics
RSU grant size
906 shares
Annual restricted stock unit award for non-employee director
Fractional share settled
0.8644 share
Cash settlement of fractional share on RSU vesting
Settlement price
$253.91 per share
Price used for 0.8644-share cash settlement to issuer
Shares held after transactions
8,142 shares
InterDigital common stock directly owned by Derek Aberle
Key Terms
restricted stock units, 2025 Equity Incentive Plan, dividend equivalent units, Disposition to issuer
4 terms
restricted stock units financial
"An annual award of restricted stock units granted pursuant to the company's 2025 Equity Incentive Plan"
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.
2025 Equity Incentive Plan financial
"granted pursuant to the company's 2025 Equity Incentive Plan in accordance with the company's compensation program"
dividend equivalent units financial
"vested in full on June 11, 2026, together with accrued dividend equivalent units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
Disposition to issuer financial
"transaction_code_description: Disposition to issuer"
FAQ
What insider transactions did InterDigital (IDCC) director Derek Aberle report?
Derek Aberle reported an annual grant of 906 restricted stock units and a small related disposition of 0.8644 share settled in cash to clear a fractional share. After these routine compensation-related entries, he directly holds 8,142 InterDigital common shares.
Was Derek Aberle’s Form 4 for InterDigital (IDCC) an open-market stock sale or purchase?
The Form 4 shows no open-market buy or sell. It records a grant of 906 restricted stock units as director compensation and a 0.8644-share disposition back to the issuer, reflecting cash settlement of a fractional share created upon vesting of those units.