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 pre-planned transactions. The sales occurred in two open-market trades on 2026-07-06, with 750 shares sold at $290.00 per share and 750 shares sold at $282.00 per share.
These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on November 20, 2025, indicating they were scheduled in advance. After the sales, Rajesh directly holds 67,976.4617 shares of InterDigital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,500 shares ($429,000)
Net Sell
2 txns
Insider
Pankaj Rajesh
Role
Chief Technology Officer
Sold
1,500 shs ($429K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 750 | $282.00 | $212K |
| Sale | Common Stock | 750 | $290.00 | $218K |
Holdings After Transaction:
Common Stock — 68,726.462 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,500 shares
First sale price: $290.00 per share
Second sale price: $282.00 per share
+2 more
5 metrics
Shares sold
1,500 shares
Total common stock sold on July 6, 2026
First sale price
$290.00 per share
750 shares of common stock sold
Second sale price
$282.00 per share
750 shares of common stock sold
Shares held after transaction
67,976.4617 shares
Direct holdings of CTO after sales
Rule 10b5-1 plan adoption date
November 20, 2025
Plan governing July 6, 2026 sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
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 adopted on November 20, 2025."
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, transaction_code_description: Sale in open market or private transaction"
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.
FAQ
What insider transaction did InterDigital (IDCC) report for CTO Pankaj Rajesh?
InterDigital reported that CTO Pankaj Rajesh sold 1,500 shares of common stock. The sales were split into two 750-share open-market trades at different prices on July 6, 2026, under a pre-arranged Rule 10b5-1 trading plan.
Does the InterDigital Form 4 show any option exercises or derivative transactions by the CTO?
No. The Form 4 only reports non-derivative common stock sales by the CTO. It does not show any option exercises, conversions, or other derivative transactions, and the derivative holdings section in the filing is listed as empty.