InterDigital (IDCC) CTO sells 750 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital Chief Technology Officer Pankaj Rajesh sold 750 shares of common stock at $278 per share in an open-market transaction on May 5, 2026. After the sale, he directly owned about 71,726 shares. The trade was executed under a pre-arranged Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 750 shares ($208,500)
Net Sell
1 txn
Insider
Pankaj Rajesh
Role
Chief Technology Officer
Sold
750 shs ($209K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 750 | $278.00 | $209K |
Holdings After Transaction:
Common Stock — 71,726.462 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 750 shares
Sale price: $278 per share
Shares held after sale: 71,726.4617 shares
3 metrics
Shares sold
750 shares
Open-market sale on May 5, 2026
Sale price
$278 per share
Open-market sale of InterDigital common stock
Shares held after sale
71,726.4617 shares
Direct ownership following the transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
3 terms
Rule 10b5-1 trading plan financial
"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 is described as an open-market sale of common stock"
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 Pankaj Rajesh?
InterDigital reported that CTO Pankaj Rajesh sold 750 shares of common stock. The transaction was an open-market sale at $278 per share, documented on Form 4 as a routine insider trade disclosure.
What type of transaction code appears on this InterDigital (IDCC) Form 4?
The Form 4 lists transaction code S, which the filing describes as a sale in an open market or private transaction. Here, it reflects an open-market sale of 750 shares of InterDigital common stock.