InterDigital (IDCC) CTO sells 1,500 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. Chief Technology Officer Pankaj Rajesh sold 1,500 shares of Common Stock in an open-market transaction. The sale occurred at a price of $313.30 per share. After this transaction, he continues to hold 72,449.4914 shares directly, indicating that only a small portion of his stake was sold.
The filing notes that these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted in advance, suggesting the timing reflects a scheduled diversification step rather than a spontaneous decision.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,500 shares ($469,950)
Net Sell
1 txn
Insider
Pankaj Rajesh
Role
Chief Technology Officer
Sold
1,500 shs ($470K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,500 | $313.30 | $470K |
Holdings After Transaction:
Common Stock — 72,449.491 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,500 shares
Sale price: $313.30 per share
Shares held after sale: 72,449.4914 shares
3 metrics
Shares sold
1,500 shares
Open-market sale on 2026-04-06
Sale price
$313.30 per share
Price for Common Stock sale
Shares held after sale
72,449.4914 shares
Direct holdings following the transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
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.
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.
Common Stock financial
"security_title":"Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did InterDigital (IDCC) report for Pankaj Rajesh?
InterDigital reported that Chief Technology Officer Pankaj Rajesh sold 1,500 shares of Common Stock. The sale was an open-market transaction at $313.30 per share and was executed under a pre-arranged Rule 10b5-1 trading plan.
What type of transaction was reported in InterDigital (IDCC) CTO’s Form 4?
The filing shows an open-market sale of Common Stock, coded as “S” on the Form 4. This code identifies the transaction as a standard sale, distinct from option exercises, gifts, or tax-withholding-related dispositions.