InterDigital (IDCC) director granted additional RSUs via dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. director Stewart D. Hutcheson received additional stock-based compensation. On April 22, 2026, he acquired 35.2435 shares of common stock through restricted stock units credited as dividend equivalents on previously granted unvested RSUs. Following this award, his direct holdings total 21,100.6329 shares of common stock. This is a compensation-related, non-cash acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUTCHESON STEWART D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35.244 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,100.633 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU dividend-equivalent award: 35.2435 shares
Holdings after transaction: 21,100.6329 shares
Transaction price per share: $0.0000
3 metrics
RSU dividend-equivalent award
35.2435 shares
Common stock credited on April 22, 2026
Holdings after transaction
21,100.6329 shares
Direct ownership following RSU credit
Transaction price per share
$0.0000
Non-cash grant/award acquisition
Key Terms
restricted stock units, dividend equivalents, unvested restricted stock units, cash dividends
4 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 credited on unvested restricted stock units previously granted to the reporting person"
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"
cash dividends financial
"Dividend equivalents accrue with respect to unvested restricted stock units when and as cash dividends are paid"
FAQ
What insider transaction did InterDigital (IDCC) disclose for Stewart D. Hutcheson?
InterDigital disclosed that director Stewart D. Hutcheson acquired 35.2435 shares of common stock via restricted stock units. These units were credited as dividend equivalents on previously granted unvested RSUs, making this a routine compensation-related award rather than an open-market stock purchase.
Was the InterDigital (IDCC) Form 4 transaction an open-market buy or a stock grant?
The transaction was a stock grant, not an open-market buy. Hutcheson received 35.2435 shares through restricted stock units issued as dividend equivalents on unvested RSUs when InterDigital paid cash dividends on its common stock, so no cash purchase occurred.
What does the dividend equivalent footnote mean in the InterDigital (IDCC) Form 4?
The footnote explains that restricted stock units were credited as dividend equivalents on Hutcheson’s unvested RSUs. When InterDigital pays cash dividends on its common stock, corresponding RSUs accrue to match those dividends, increasing the director’s stock-based compensation position over time.
Does the InterDigital (IDCC) Form 4 indicate any stock sales by Stewart D. Hutcheson?
No stock sales are reported in this Form 4. The filing shows only an acquisition of 35.2435 shares through a grant-type transaction coded “A,” leaving Hutcheson with 21,100.6329 shares directly owned after the award, and no disposals are disclosed in this report.