STOCK TITAN

InterDigital (IDCC) director Rankin sells 365 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

InterDigital, Inc. director Jean F. Rankin sold 365 shares of common stock in an open-market transaction at $276.64 per share. After this sale, Rankin directly holds 28,938 shares. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted to cover estimated tax obligations from restricted stock unit vesting.

Positive

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  • None.
Insider RANKIN JEAN F
Role null
Sold 365 shs ($101K)
Type Security Shares Price Value
Sale Common Stock 365 $276.64 $101K
Holdings After Transaction: Common Stock — 28,938 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 365 shares Open-market sale of common stock
Sale price per share $276.64 per share Price for InterDigital common stock sale
Shares held after sale 28,938 shares Direct holdings following transaction
Transaction code S (sale) Form 4 non-derivative transaction
Plan type Rule 10b5-1 trading plan Pre-arranged sale to cover tax obligations
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.
restricted stock units financial
"to cover such individual's estimated tax obligations in connection with the vesting of 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.
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.
Form 4 regulatory
"The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RANKIN JEAN F

(Last)(First)(Middle)
200 BELLEVUE PARKWAY
SUITE 300

(Street)
WILMINGTON DELAWARE 19809

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
InterDigital, Inc. [ IDCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026S(1)365D$276.6428,938D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on August 15, 2025 to cover such individual's estimated tax obligations in connection with the vesting of restricted stock units.
Remarks:
/s/ Ariel E. Greenstein, Attorney-in-Fact for Jean F. Rankin06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did InterDigital (IDCC) disclose for Jean F. Rankin?

InterDigital reported that director Jean F. Rankin sold 365 shares of common stock. The shares were sold in an open-market transaction at a price of $276.64 per share, as disclosed in a Form 4 insider trading report.

How many InterDigital (IDCC) shares does Jean F. Rankin hold after this Form 4 sale?

Following the reported transaction, Jean F. Rankin directly holds 28,938 shares of InterDigital common stock. This post-transaction balance is taken from the Form 4 and reflects holdings after selling 365 shares in the open market.

At what price were Jean F. Rankin’s InterDigital (IDCC) shares sold?

The 365 InterDigital shares were sold at an average price of $276.64 per share. This price represents the per-share transaction value disclosed in the Form 4 filing for the open-market sale on the reported date.

Was Jean F. Rankin’s InterDigital (IDCC) share sale under a Rule 10b5-1 plan?

Yes. The filing notes the sale was made pursuant to a Rule 10b5-1 trading plan. The plan was adopted to address estimated tax obligations associated with the vesting of restricted stock units granted to Jean F. Rankin.

Why does the Form 4 mention restricted stock units for InterDigital (IDCC)?

The footnote explains that the Rule 10b5-1 trading plan was established to cover estimated tax obligations from restricted stock unit vesting. This links the share sale to tax-related needs arising from equity compensation, rather than a discretionary portfolio shift.