Dividend-equivalent RSUs boost InterDigital (NASDAQ: IDCC) director stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. director John D. Markley Jr. received 6.2334 shares of common stock on April 22, 2026 as a grant of restricted stock units. These units were credited as dividend equivalents on previously granted, unvested restricted stock units when cash dividends were paid on InterDigital’s common stock.
After this award, Markley’s directly held common stock position reported in this filing increased to 11,229.5710 shares. This is a compensation-related acquisition, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Markley John D. Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6.233 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,229.571 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 6.2334 shares
Shares owned after transaction: 11,229.5710 shares
Transaction date: April 22, 2026
3 metrics
Restricted stock units granted
6.2334 shares
Dividend-equivalent RSUs credited on unvested awards
Shares owned after transaction
11,229.5710 shares
Direct common stock holdings following April 22, 2026 award
Transaction date
April 22, 2026
Date dividend-equivalent restricted stock units were credited
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 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 credited on unvested restricted stock units previously granted"
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 accrue with respect to unvested restricted stock units when and as"
FAQ
What did InterDigital (IDCC) director John D. Markley Jr. receive in this Form 4?
John D. Markley Jr. received 6.2334 shares of InterDigital common stock as restricted stock units. These were credited as dividend equivalents on previously granted unvested restricted stock units, increasing his reported direct holdings to 11,229.5710 shares of common stock in this filing.
How were the new InterDigital (IDCC) restricted stock units for John D. Markley Jr. calculated?
The filing states the 6.2334 restricted stock units were received as dividend equivalents credited on unvested restricted stock units. Dividend equivalents accrue on those units when and as cash dividends are paid on InterDigital’s common stock, mirroring the dividends regular shareholders receive in stock form.
Is John D. Markley Jr.’s InterDigital (IDCC) transaction a market purchase or sale?
The transaction is not a market purchase or sale. It is coded as an award acquisition, reflecting 6.2334 restricted stock units granted as dividend equivalents. The price per share is shown as 0.0000, indicating a compensation-related issuance rather than an open-market trade.
What are dividend equivalents on InterDigital (IDCC) restricted stock units?
Dividend equivalents are additional restricted stock units credited on unvested awards when cash dividends are paid on InterDigital’s common stock. Instead of receiving cash, the holder’s unvested restricted stock units position grows by a corresponding number of additional units, as disclosed in this Form 4 footnote.